Dogecoin (DOGE) Steals the Spotlight Again, Targeting a Massive 200% Surge to $0.50

A number of reputable crypto analysts believe that the popular meme coin may be gearing up for a major surge, potentially even pushing its price close to $1.

The cryptocurrency market is known for its volatility and surprising moves, and Dogecoin (DOGE) has certainly displayed both in recent times. As the meme coin tries to recover from recent lows, crypto analysts are highlighting key support levels and technical indicators that could influence the next stage of DOGE’s price trend.

Dogecoin price may hit $0.30 in next few months

One of the main things traders are currently watching is the diagonal line on the Dogecoin chart which has been a support line since October 2024.

Whenever Dogecoin touches this line, the price always bounces back up, crypto analyst Ali Martinez noted.

Currently, Dogecoin is trading around $0.18 and is approaching that support line again. Martinez expects the price may drop slightly to $0.14, but he sees this as a good buying opportunity, not a bad sign.

If Dogecoin bounces back to where it was before, its price could rise to $0.30 – an increase of about 76% from its current price.

Three rallies, one trendline - target upside of 200%

Another well-known crypto analyst, Andrew Griffiths, stated that Dogecoin is currently above a very strong support level - a price point where Dogecoin has previously managed to bounce back. This support has held for over a year and has already triggered two major rallies.

As you can see from the chart, the first rally started in early 2024, and the second happened a few months later - both starting from the same uptrend line. Now, in mid-2025, Dogecoin is touching that line again.

Griffiths believes that if Dogecoin is able to hold above this support level, its price could surge up to 200%, potentially reaching around $0.50. However, if the price drops below this line, such a rally is unlikely.

Dogecoin aims for 500% surge - to $1

Dogecoin price predictions don't stop at $0.50. One more anonymous crypto analyst predicted that the Dogecoin price could go much higher.

He said the current price pattern is similar to the pattern that appeared before the previous big rally, which could open up the opportunity for a surge of up to 500%. If that happens, the Dogecoin price could potentially reach $1 by August 2025.

This prediction is further reinforced by the bullish signal on the RSI indicator as well as the breakout above the downtrend line-two important technical signs supporting the upside potential.

Institutional interest rising - Dogecoin ETF on the horizon

On the other hand, interest from large institutions in Dogecoin is growing. Recently, Nasdaq applied to list a Dogecoin ETF from 21Shares.

Similar requests were filed by Bitwise, REX Shares, and Grayscale.

This move shows that Dogecoin is no longer just a meme coin - it's starting to be seen as a serious asset in the crypto world, with the potential to appeal to institutional investors.

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

.