Dogecoin (DOGE) Has Been Steadily Holding a Rising Trendline

Dogecoin (DOGE) has been steadily holding a rising trendline, indicating a resilient bullish momentum despite minor dips.

Dogecoin (CRYPTO: DOGE) has been steadily holding a rising trendline, indicating a resilient bullish momentum despite minor dips. According to popular analyst "Steph is Crypto," Dogecoin’s recent price action shows a solid upward trend, supported by significant long-term price levels.

Dogecoin Bounces Back From 2025 Lows

Analysts remain optimistic about Dogecoin’s future, with one analyst setting a speculative target price of $10, which would represent an impressive 5,440% increase from its current levels.

Recently, there was a brief touch on the trendline at around $0.13, followed by a bounce back to trade above $0.185.

Dogecoin’s Road to $10: A Long-Term View

Steph’s chart analysis highlights a long-term support trendline that has proven resilient since early 2020. The “Legendary trend-line,” as it is called, connects significant lows over the years: one in 2020 above $0.001, another at $0.06 in 2024, and the most recent one at $13 in early 2025.

Every time Dogecoin has touched or approached this trendline, the price has bounced back, confirming the strength of this support line.

The analyst suggests that Dogecoin has the potential for a long-term rally, with a speculative price target of $10. This would be a massive rise, marking a 5,440% increase from its current price of $0.185.

Analysts have continued to praise those who’ve held on to their DOGE, referring to them as “absolute legends,” for their unwavering belief in the coin’s potential.

A More Conservative Outlook

While some analysts are aiming high with their price targets, others take a more conservative stance. Analyst Trader Tardigrade, for example, is focusing on shorter-term price movements and predictions based on daily signals.

His analysis highlights a recurring trend where Dogecoin consistently bounces off an ascending trendline, forming higher lows. Historically, these bounce-and-breakout patterns have led to strong price rallies.

Trader Tardigrade's analysis also suggests that if the current bullish setup holds, we could see a potential move toward the $1 mark, which is a more moderate target compared to the $10 prediction.

Historical Pullbacks and Structural Consistency

Examining Dogecoin’s behavior over a 3-day timeframe, Trader Tardigrade observed a consistent pattern where previous swing highs serve as future support.

For instance, in late 2023, Dogecoin broke past the $0.098 resistance level, only to test and hold that level as support in early 2024. Similarly, in 2024, the $0.145 resistance was revisited and confirmed as support in April 2025.

This consistency in structure is seen as a positive sign for Dogecoin’s future price action. After testing support at $0.145, the next key resistance level is projected to be above $0.23.

If Dogecoin manages to break above this level, it could set its sights on a new price range of $0.80, potentially exceeding its previous all-time high of $0.73.

As Dogecoin continues its journey through the markets, its ability to bounce back from lows and the persistence of its trendline support are testament to the cryptocurrency’s resilience and the loyalty of its community, which could be pivotal in any potential future recovery.

As always, investors should proceed with caution, considering that the cryptocurrency market is highly volatile and predictions may not always materialize as expected.

However, with Dogecoin’s recent bullish action and its position in the broader market, the road ahead seems promising for this cryptocurrency coin that has captured the hearts of many.