meme coin dogecoin

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 popular meme coin could be preparing for a major rally in the coming months, potentially pushing its price close to $1.

One crypto analyst highlighted the importance of 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.

This trendline has supported #Dogecoin $DOGE since October 2024. A dip to $0.14 could present a buying opportunity ahead of a potential rebound to $0.30.Join me in this trade by signing up to @coinexcom using my referral link https://t.co/73n8mW9Y5p pic.twitter.com/lD9kr4BJOL

Currently, Dogecoin is trading around $0.18 and is approaching that support line again.

The analyst 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.

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.

#DOGE Analysis shows Dogecoin is currently at a supportive trend line, indicating potential for a rapid upward surge—possibly up to a 200% increase. Our strategy remains bullish as long as we stay above or within this trend line. Stay tuned! Swallow Academy #DOGEUSDT Explore more… pic.twitter.com/LK4C2QcOU

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.

According to the analyst, 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 price predictions don’t stop at $0.50. An anonymous crypto analyst predicted that the Dogecoin price could go much higher.

I noticed $DOGE saw a 114% increase from peak to peak of it last 2 moves. If that continues, we could see a 500% move to the $1 range.More indicators are the bull div we are coming out of into a measured move from Sept – Dec 24', ending Aug 1st 25' near $1. #DOGE #Dogecoin pic.twitter.com/pBR1DN1a

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.

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.

The post Dogecoin Surges 76% as Crypto Analyst Predicts Major Rally, 4 Institutions Apply for Dogecoin ETF appeared first on PINTU NEWS.

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