{"id":5366,"date":"2025-06-21T04:11:06","date_gmt":"2025-06-21T04:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/dogecoin-breaks-free-could-soar-60-analyst-says\/"},"modified":"2025-06-21T04:11:06","modified_gmt":"2025-06-21T04:11:06","slug":"dogecoin-breaks-free-could-soar-60-analyst-says","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/dogecoin-breaks-free-could-soar-60-analyst-says\/","title":{"rendered":"Dogecoin Breaks Free\u2014Could Soar 60%, Analyst Says"},"content":{"rendered":"

Dogecoin edged up slightly to $0.17 on Friday, gaining 1.0% in the last 24 hours. Trading has thinned out this week, and Dogecoin<\/a> has slipped almost 3% over the past seven days.<\/p>\n

Based on reports, investors are moving carefully as volume dropped 30% to about $678 million.<\/p>\n

Trading Volume Drop Signals Caution<\/strong><\/h2>\n

According to on\u2011chain data, the slump in daily volume shows fewer traders are stepping in. That 34% slide in activity suggests a loss of momentum.<\/p>\n

Some market watchers say low volume often leads to whipsaws. When fewer coins change hands, even modest buys or sells can push prices sharply in either direction.<\/p>\n

\n

#Dogecoin<\/a> $DOGE<\/a> looks prime for a 60% price move! All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend.<\/p>\n

So go to @coinexcom<\/a>, sign up using my referral link https:\/\/t.co\/73n8mWavUX<\/a>, and join me in this trade! pic.twitter.com\/Im27DBuBka<\/a><\/p>\n

\u2014 Ali (@ali_charts) June 19, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Triangle Pattern Points To Imminent Breakout<\/strong><\/h2>\n

On charts stretching from early 2024 into mid\u20112025, Dogecoin fits a symmetrical triangle<\/a>. Prices have carved lower highs and higher lows as trendlines converge.<\/p>\n

Data from crypto analyst Ali shows, this narrowing range often precedes a major move. He notes the tip of the triangle is due by June 2025, which puts a deadline on when volatility should pick up.<\/p>\n

DOGE Bulls Eye Breakout<\/strong><\/p>\n

According to Ali\u2019s analysis, a daily close above $0.22 likely signals a bullish breakout. If that happens, he sees Dogecoin reaching roughly $0.35 or $0.36\u2014about 60% higher than current levels.<\/p>\n

On the flip side, a drop below $0.16 could spark a sell\u2011off toward $0.10. Investors are watching those exact levels to decide whether to join buyers or cut losses.<\/p>\n


\nDOGE Price Forecast<\/strong><\/p>\n

Digital Coin Price<\/a> is on the optimistic end. They predict Dogecoin could go past $0.37 before year\u2011end and even test its old high of $0.74 again.<\/p>\n

Market Catalysts Could Tip The Scales<\/strong><\/p>\n

Dogecoin\u2019s swings often mirror the wider crypto space or follow social media buzz. A surge in Bitcoin or Ethereum prices could carry DOGE<\/a> higher, while a broader sell\u2011off would magnify losses. Some traders also keep an eye on endorsements from well\u2011known figures and major exchange listings.<\/p>\n

\"\"<\/p>\n

For now, patience may pay off. Traders will look for volume to confirm any move past $0.22 or under $0.16. Until then, expect choppy range\u2011bound action.<\/p>\n

The next few weeks will be critical as the symmetrical triangle tightens. If volume steps back in, Dogecoin could pick a clear direction\u2014either a strong rally or a deeper correction.<\/p>\n

Featured image from Imagen, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin edged up slightly to $0.17 on Friday, gaining 1.0% in the last 24 hours. Trading has thinned out this week, and Dogecoin has slipped almost 3% over the past seven days. Based on reports, investors are moving carefully as volume dropped 30% to about $678 million. Trading Volume Drop Signals Caution According to on\u2011chain…<\/p>\n","protected":false},"author":1,"featured_media":5367,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,98,65,19,133,132,163],"class_list":["post-5366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-bitcoin","tag-crypto","tag-doge","tag-dogecoin","tag-memecoins"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/5366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=5366"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/5366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/5367"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=5366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=5366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=5366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}