Crypto Analyst Predicts Dogecoin Price Could Potentially Break $3!

Jakarta, Pintu News – The Dogecoin DOGE->Current DOGE PriceRp 0Market Cap-Trading Volume-Circulating Supply- price remains above the $0.20 support level after experiencing a 10% market increase on March 26, 2025.

Over the past seven days, DOGE has recorded a 15% increase in value as the daily chart shows a breakout pattern from a previously rising downtrend.

Market analysts predict that Dogecoin will maintain its current upward trend and potentially reach a value of $3 in its upcoming third crypto cycle.

Is the Dogecoin Price Ready to Reach $3 in its Third Cycle?

Crypto experts predict a major increase in the Dogecoin price based on their positive assessment of the coin’s market potential. Dogecoin’s current market position is considered to be in line with its third major bull cycle, as the coin has gained more support and functionality in the market.

Read also: Dogecoin Price Gains Slightly Today (3/27/25): Whale Crypto Buys 200 Million DOGE Coins!

Based on the analysis of previous price cycles, there is a possibility of up to 1,160% upside that could push the price of DOGE beyond $2.28 and even higher.

Market experts note that Dogecoin showed significant price growth during previous market cycles. According to the analysis, the value of Dogecoin could increase more than 12 times from the current price if it follows the pattern of previous cycles.

In this ongoing third cycle, many investors are monitoring Dogecoin’s movements to see how high its potential is.

Another analyst via the X platform also predicts that the Dogecoin price will continue to rise and has the possibility of reaching new price peaks in the future.

A graph of Dogecoin’s price history from 2014 to 2025 shared via Trader Tardigrade’s post shows an increasing price trend. In the chart, there are red arrows indicating key points of major price changes.

The analyst said that Dogecoin has strong growth potential in the next few years. Dogecoin traders are advised to keep a close eye on current price movement patterns, as the data can be indicative of future price direction.

Will DOGE Price Break $0.3 This Week as Bullish Momentum Strengthens?

The Dogecoin (DOGE) price has shown a significant upward trend and is currently (3/26) at $0.2045, registering a 10% increase in the last 24 hours.

Current market momentum continues to be strong, especially as the price of Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- remains above $88,000 and Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply- above $2,000. The crypto market in general continues to rise, fueled by a surge in meme coin volume and investor speculation regarding a possible ETF for DOGE.

Read also: Shiba Inu Team Launches Shib Finance, SHIB Price Potentially Soars 12X?

Currently, the price of DOGE is in the resistance area which is a major obstacle in its price movement. The resistance level around $0.21 is a crucial point that must be broken to maintain the positive trend in the market.

If DOGE manages to cross this level, it is possible to test the next resistance point at $0.22, and potentially even reach $0.25 in the next few months. If DOGE manages to reach $0.3, that means there is a 60% upside potential from where it stands now.

On the technical front, the Chaikin Money Flow (CMF) indicator shows a value of 0.19, signaling positive fund flow towards DOGE. Meanwhile, the MACD indicator shows an uptrend as the MACD line has crossed the signal line from below – an indication of strong upward momentum.

However, if the trend changes, DOGE’s closest support levels are at $0.17 and $0.15. If selling pressure increases, DOGE’s price could drop towards these levels.

In conclusion, the Dogecoin price in its current third cycle is showing promising signals to reach the $3 level in the long term. Current market conditions favor further growth, even beyond previous projections.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Can Dogecoin Price Hit $3 In Its Third Cryptocurrency Cycle? Accessed on March 27, 2025