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Cryptocurrency News Articles

Dogecoin (DOGE) Might Be on the Verge of a Monumental Leap

Apr 29, 2025 at 12:30 am

He recently unveiled a sweeping ten-year chart analysis that paints an electrifying future for the meme coin.

Dogecoin (DOGE) Might Be on the Verge of a Monumental Leap

Crypto analyst DimaPotts36 is making a bold prediction that Dogecoin might be on the verge of a monumental leap. The analyst recently shared a ten-year chart analysis of Dogecoin, which he believes foreshadows an electrifying future for the meme coin.

"DOGE $10+ DOGECOIN?! 🤩" he teased in his post, sure to spark lively conversations among the crypto community.

The forecast is based on a two-point rising regression channel that Potts has been following since Dogecoin’s 2015–2016 low near $0.0001. The lower boundary of this channel has now risen to just under $0.12. Meanwhile, the upper line of the channel, which acted as resistance during past bull runs, is set to reach an astounding $69.42 by late 2025.

Inside this rising channel, three rounded bottoms have formed, each constrained by a descending yellow resistance line. These bottoms are supported by a steady red basing arc, reflecting the tightening price action. The current apex of this setup, found around $0.17, marks the level where Dogecoin has been consolidating for several months.

A proprietary dual-wave oscillator, featuring a thicker turquoise wave and a faster yellow wave, is also central to Potts’s thesis. Cycle tops have typically formed in two ways: an early top occurs when the yellow wave falls below the green wave, while a late top is signaled by the yellow wave dropping beneath the horizontal red line positioned at –0.00013.

Vertical purple bars on his chart indicate when these critical signals appeared in the past. Potts’s data shows a late top flashing in February 2014, a twin peak formation during 2017–2018, and an early top during the record $0.739 high in May 2021. This year, on March 6, an early-cycle signal surfaced again, hinting that a more explosive late-cycle top could still await.

Potts identifies the week of October 27th, 2025, as the time of this dramatic peak. On his chart, he marks this point with a final purple bar and a white arrow labeled “LATE TOP,” highlighting the significance of this moment. By then, he predicts that Dogecoin’s oscillator will dip below the crucial –0.00013 mark, aligning with the channel’s upper range in the $60–70 bracket.

Past patterns add more weight to the bullish projection. In previous cycles, once Dogecoin shattered its yellow downtrend line, vertical rallies soon followed, culminating only after the price hit the upper channel boundary. The current yellow resistance stands just below $0.20. A breakout above that line could pave the road to new all-time highs.

Potts notes that “each cycle has touched the upper white curved trendline,” showcasing the channel’s enduring nature. While he predicts a peak around $69, which seems like a "technical" possibility, he sees $10 as a more likely "psychological" target, marking the next major logarithmic level above the 2021 peak.

To reach $10, Dogecoin would need to surge by an astounding 5,455% from its current price. This prediction, though ambitious, aligns with the views of other market watchers. For instance, renowned cryptocurrency expert Ali Martinez believes that Dogecoin could indeed hit the $10 mark, adding to the growing anticipation for the meme coin to rise to incredible heights.

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