Unleashing the Underdog: Dogecoin's Potential Resurgence
Dogecoin Analysis by Crypto Specialist: Possible Uptrend Peaking at $0.8 by August
Technical analyst "Trader Tardigrade" recently caught the crypto community's attention, predicting a bright future for the notorious meme coin, Dogecoin. In a blog post on Apr. 30, he suggested that Dogecoin's consistent recovery at previously established highs could signal an upcoming surge, potentially up to $0.80 per DOGE, if the coin follows its historical trajectory.
Bullish Barks from Trader Tardigrade
"The stubborn little pup, Dogecoin, keeps bouncing back from its previous highs," Trader Tardigrade shared with his followers. "It just rebounded from a support level that matches a previous swing high." He believes Dogecoin might have wrapped up its pullback and could be gearing up for another rally soon.
The last time Dogecoin found such support was in Q3 2023, at the level that would have been the Q4 2023 swing high. Soon after, the resilient meme coin made a magnificent leap to the upper resistance line of its broader, multi-year trend channel.
A Leash on the Moon
Dogecoin's price has seen its share of ups and downs, but it has consistently found solace at swing high levels before slicing through resistance and reaching new heights. Each time it does so, there's a distinct possibility for a breakout to significantly higher levels.
Bitcoin analyst Muro Crypto echoed similar sentiments, recently telling his followers, "When DOGE starts its rally, it's the undeniable signal for a full-blown altseason, and it's always been the harbinger of an altseason."
Note: Predicted price ranges are based on historical patterns and technical analysis. It's essential to conduct your own research before investing in any crypto asset.
Crypto traders and enthusiasts keep their eyes on Dogecoin, hoping it could mark the beginning of another series of flash rallies, reminiscent of Spring 2021 and Winter 2024.
If Bitcoin's performance in 2025 is any indication, Dogecoin could see a broader range between $0.10 and $0.50[5]. However, these predictions diverge from Trader Tardigrade’s technique, focusing on the prospects of a more concentrated $0.23 to $0.80 trajectory post-consolidation[1].
[1] Investopedia, Dogecoin Price Prediction 2025[2] TradingView, Dogecoin Technical Analysis[5] CoinSwitch, Dogecoin Price Prediction 2025
- Trader Tardigrade anticipates Dogecoin, despite its notorious status as a meme coin, could surge up to $0.80 per DOGE, based on its consistent recovery at established highs following the pattern of its historical trajectory.
- Bitcoin analyst Muro Crypto shares similar sentiment, suggesting that a Dogecoin rally could be the signal for an altseason, a period of exceptional gains for alternative cryptocurrencies.
- If Dogecoin's price trend in Q3 2023 is any indication, it could potentially rebound from support levels and make a significant leap to upper resistance lines, opening the possibility for a breakout to higher levels.
- Technical analyst Trader Tardigrade points out that Dogecoin's rebound from support levels that match previous swing highs might mean it has wrapped up its pullback, hinting at a possible upcoming rally.
