{"id":23241,"date":"2025-05-03T16:00:32","date_gmt":"2025-05-03T16:00:32","guid":{"rendered":"https:\/\/cryptd.in\/dogecoin-uptrend-intact-expert-analysis-sparks-bullish-buzz\/"},"modified":"2025-05-03T16:00:32","modified_gmt":"2025-05-03T16:00:32","slug":"dogecoin-uptrend-intact-expert-analysis-sparks-bullish-buzz","status":"publish","type":"post","link":"https:\/\/cryptd.in\/et\/dogecoin-uptrend-intact-expert-analysis-sparks-bullish-buzz\/","title":{"rendered":"Dogecoin Uptrend Intact? Expert Analysis Sparks Bullish Buzz"},"content":{"rendered":"<p>Dogecoin\u2019s price rebounded to $0.186 after declining from $0.185 to $0.15 earlier in the week. The rebound is evidence of buyers coming in on lower prices, a sign some market observers view as continued strength for the meme cryptocurrency.<\/p>\n<h2><strong>Analysts Monitor Long-Term Pattern Formation<\/strong><\/h2>\n<p>As far as analyst Steph is Crypto is concerned, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" target=\"_blank\" rel=\"noopener nofollow\">Dogecoin<\/a> still tracks what they refer to as a \u201cLegendary trend-line\u201d that extends between three significant price lows over several years.<\/p>\n<p>That support line started above $0.001 in early 2020, was again breached above $0.059 in 2024, and most recently broke below to find support around $0.14 in 2025. Each time the price struck this line, it has recoiled higher.<\/p>\n<p>Those who remain long on DOGE are \u201cabsolute legend,\u201d Steph noted in their review, which gives a long-term price target of $10. That would be over 5,000% gain from present levels.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/DOGECOIN?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#DOGECOIN<\/a> road to $10!<\/p>\n<p>If you\u2019re still holding <a href=\"https:\/\/twitter.com\/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$Doge<\/a>, you\u2019re an absolute legend. <a href=\"https:\/\/t.co\/ZppO6UTzSK\" rel=\"nofollow\">pic.twitter.com\/ZppO6UTzSK<\/a><\/p>\n<p>\u2014 STEPH IS CRYPTO (@Steph_iscrypto) <a href=\"https:\/\/twitter.com\/Steph_iscrypto\/status\/1917890742271279334?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-743694\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/a_c07c9a.png?resize=1024%2C576\" alt=\"\" width=\"1024\" height=\"576\" loading=\"lazy\" \/><\/p>\n<h2><strong>Daily Charts Display More Conservative View<\/strong><\/h2>\n<p>Other analysts provide a less aggressive prediction using daily chart trends: Dogecoin tends to rebound from a rising trendline, making a sequence of higher lows. Their findings indicate these rebounds tend to follow false reversals that occur before significant breakout movements.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-743731 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/a_5bc868.png?resize=697%2C419\" alt=\"\" width=\"697\" height=\"419\" loading=\"lazy\" \/><br \/>\n<strong>Previous Resistance Levels Become New Support<\/strong><\/p>\n<p>Taking longer periods, another trend can be observed in the price movement of Dogecoin. As per analysis over three-day charts, earlier high values are seen to be acting as support levels subsequently.<\/p>\n<p>This came to pass when <a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" target=\"_blank\" rel=\"noopener nofollow\">DOGE<\/a> broke above $0.097 resistance late in 2023, then retreated to test that same level as support early in 2024. The same thing occurred with the July 2024 high of $0.146, which became a support level in April 2025.<\/p>\n<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/RobwgcIU\/\" width=\"1835\" height=\"883\" loading=\"lazy\" \/><\/p>\n<p><strong>Future Price Targets Based On Historical Patterns<\/strong><\/p>\n<p>The February peak of $0.29 in 2025 is yet another reference point that preceded the recent price fall. While technical analysts had tested the $0.145 support point in April, they now look at $0.23 as the next level to watch as a resistance point.<\/p>\n<p>In case these trends remain consistent, some experts are of the opinion that Dogecoin might hit $0.80, which would be more than its all-time high of $0.73.<\/p>\n<p>Although these predictions are largely based on technical chart patterns and not fundamental considerations, the predictability of Dogecoin\u2019s price structure has drawn the interest of some cryptocurrency market observers.<\/p>\n<p>The ascending trendline that has stood even during various market cycles is a primary indicator that most traders are monitoring to assess the strength of DOGE\u2019s current position.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin\u2019s price rebounded to $0.186 after declining from $0.185 to $0.15 earlier in the week. The rebound is evidence of buyers coming in on lower prices, a sign some market observers view as continued strength for the meme cryptocurrency. Analysts Monitor Long-Term Pattern Formation As far as analyst Steph is Crypto is concerned, Dogecoin still [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[21],"class_list":["post-23241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds","tag-dogecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogecoin Uptrend Intact? 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