- Dogecoin’s historical fourth-year cycles suggest a major rally, with projections pointing to $11.71 by late 2025.
- Institutional interest and technical signals indicate strong support, with key resistance levels at $0.27, $0.45, and beyond.
- Fibonacci levels and trend analysis highlight $2.73 and $6.33 as possible targets if momentum continues to build.
According to DogeCapital, historical data from past market cycles suggests a substantial upward movement may be imminent. The analysis compares the current market cycle to those in 2017 and 2021. Historically, Dogecoin’s fourth year in each cycle resulted in explosive growth. If this trend continues, the meme coin could reach $11.71 by the end of 2025. However, this figure may not represent the cycle’s peak, as previous fourth-year cycles outperformed expectations.
Besides historical repetition, increasing institutional interest and global adoption add to Dogecoin’s bullish case. The chart analysis shows that Dogecoin is nearing a crucial support and resistance zone. Previous breakouts from similar zones led to rapid price surges.
The chart’s vertical green lines show the starting points of previous cycles’ main uptrends. The rally might begin as early as next month if past events are any indication. But it can take some time for the market to pick up steam before making a big breakout.
Technical Indicators Confirm Uptrend Possibility
Prominent cryptocurrency expert Ali emphasizes the technical framework underlying Dogecoin’s upward trend. A rising channel’s lower boundary has been maintained by the price. This stance points to a solid basis for further gains. Furthermore, the Fibonacci retracement levels show resistance at $0.27 and support at $0.09.
Additionally, previous Dogecoin cycles experienced parabolic growth after holding above the 0.618 Fibonacci retracement level. The coin is currently trading at $0.17108, well above this critical level at $0.06. Consequently, holding above this threshold strengthens the case for continued bullish momentum.
If the price remains within the trend channel, Dogecoin could soon retest $0.45. Beyond that, Fibonacci extensions point to potential price targets of $2.73 and $6.33. A surge in demand could drive the price toward the mid and upper channel range.
