DOGE Predicted to Reach IDR63,885 in This Cycle – Is DOGE’s Rise Far from Over?

Jakarta, Pintu News – High optimism has once again graced the cryptocurrency community, this time thanks to a long technical analysis of Dogecoin (DOGE) that predicts a potential surge of up to US$3.94 or around Rp63,885 per coin. The analysis from Kevin (@Kev_Capital_TA) shows that the historical pattern of DOGE’s price movement could potentially repeat itself in the current bullish cycle. Can Dogecoin really break records and surprise the crypto market?

Historical Patterns and Fibonacci Projections to Base Predictions on

In the monthly chart analysis shared on July 8, Kevin highlighted the use of the 1,618 Fibonacci level as the main projected price target for DOGE. This level is technically often the reference for price spikes in bullish cycles, and in Dogecoin’s case is projected to be at US$3.94 (IDR63,885).

Historically, Dogecoin has formed a falling wedge pattern before breaking out and experiencing a parabolic rise in 2017 and 2021. Currently, a similar pattern appears to have formed, followed by a breakout that was completed last November. DOGE is also in the midst of a retest, a move that often signals a price bottom before a sharp rise in the crypto market.

Also Read: Ethereum Transformation Secrets – How Big of an Impact on Cryptocurrency Prices?

Indicator Signals: RSI and Stochastic Support Bullish Trend

Technical indicators support such optimism. DOGE’s monthly Relative Strength Index (RSI) has risen to the neutral zone of 50.39, often interpreted as a transition signal from bearish to bullish phase. In previous cycles, DOGE’s RSI always broke 90 before the bull run ended.

Meanwhile, the Stochastic RSI has just made a crossover in the oversold area. Similar conditions last occurred in early 2020 before DOGE parabolically surged. With these two indicators, many crypto analysts believe DOGE has found a price floor and is ready to enter a new upside phase.

Key Levels and Challenges Towards IDR63,885

In addition to the key projections, Kevin also marked important resistance zones that DOGE must cross before reaching its final target. These areas are in the range of US$1.00-US$1.20 (IDR16,210-Rp19,452) and US$2.30-US$2.50 (IDR37,283-Rp40,525). These zones are considered checkpoints before DOGE can shoot up to its final projection of IDR63,885.

It’s worth noting that while Dogecoin has risen 10x from its bear market low to its current price (around US$0.17 or Rp2,755), analysts say there is still “homework” before DOGE is able to fulfill its full potential in this crypto cycle.

Crypto Market Fundamental and Psychological Factors

Kevin emphasized that the completion of the quantitative tightening era by the Fed could be the main trigger for DOGE’s continued rally. The crypto community’s optimism is also growing; many believe Dogecoin’s historical fractal pattern will repeat itself. The term “the calm before the storm” is now widely discussed as a description of DOGE’s price movement, which is still calm before the big explosion.

However, it remains a challenge to break the psychological resistance above US$0.50 (IDR8,105) and move past the consolidation phase. All eyes are now on whether DOGE can prove itself in the next bull market cycle.

Conclusion

The prediction of Dogecoin breaking Rp63,885 per coin is very ambitious, but it is supported by technical patterns and historical cycles of the crypto market. With bullish signals from indicators and high community sentiment, DOGE is considered to still have a great opportunity to surprise the cryptocurrency market again. However, investors are reminded to always pay attention to the risk of high volatility inherent in crypto assets like Dogecoin.

Also Read: Here are the Shocking Facts Behind Altcoins: Can it really be more profitable than Bitcoin?

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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• NewsBTC. Dogecoin To $3.94 This Cycle? This Chart Says It’s No Meme. Accessed July 10, 2025.