Dogecoin Mega Rally: Will the $4 Target Be Reached?

Jakarta, Pintu News – In a recent analysis published via video, a crypto analyst known as Cantonese Cat (@cantonmeow) gave an optimistic outlook on the future of Dogecoin (DOGE).

According to him, Dogecoin (DOGE) is entering its third major cycle with technical indications showing significant upside potential. “I’m very bullish on Dogecoin (DOGE), and I don’t hesitate to say so,” Cantonese Cat said. This analysis highlights that this bull run appears healthier than previous cycles.

Promising Technical Analysis

Cantonese Cat began his analysis by observing the monthly chart of Dogecoin (DOGE), where the 20-month moving average often changes function from resistance to support at important inflection points. Currently, Dogecoin (DOGE) seems to be holding at the 20-month moving average and showing a gradual upward pattern.

“Dogecoin (DOGE) is forming a pattern of higher highs and higher lows which overall indicates a positive trend,” he added. In addition, Cantonese Cat also highlighted Dogecoin (DOGE)’s entry into the Ichimoku Cloud through consolidation rather than big impulses. “We are currently entering the Ichimoku Cloud in a very calm way, just by moving sideways. This is a bullish indication in my opinion,” he explained.

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Dogecoin Price Targets in This Cycle

When asked by his audience about price targets, Cantonese Cat distinguished between conditions and targets. He argues that the previous spike that reached the logarithmic Fibonacci extension of 2,272 is unlikely to be repeated. This time, he sees the 1,272, 1,414, and 1,618 extensions as more realistic targets.

“We may see Dogecoin (DOGE) reach around $1.50, $2.27, and possibly closer to $4,” he said. However, he emphasized that achieving these targets depends on Dogecoin’s (DOGE) ability to cross the deep retracement zone this cycle. “We need to break above 0.786 and 0.86 this cycle,” he added, pointing out that any levels such as $0.41 and $0.54 would have to be passed before higher targets could be pursued.

Timing and Accumulation Strategy

As for timing, Cantonese Cat admits to uncertainty although he remains optimistic about the direction Dogecoin (DOGE) is headed. “What I can say is that Dogecoin (DOGE) will most likely have a big run-up in the next few weeks. I don’t know exactly when it will happen, but I’m very bullish,” he said.

He also suggested a systematic accumulation strategy that has successfully bought at higher lows: “The market keeps giving me higher lows to buy Dogecoin (DOGE). I’m not going to turn it down.”

Conclusion

With the integrity of the trend showing higher highs and higher lows, as well as the recovery of moving averages across multiple time frames, Dogecoin (DOGE) has a stronger foundation to continue its rise.

Whether this will take Dogecoin (DOGE) to targets of $1.50, $2.27, and possibly closer to $4, still depends on the ability to beat the remaining retracement bands and turn them into support. Until then, the burden of proof remains with the bears: “This is not a bear trend at all.”

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Reference

• NewsBTC. Dogecoin Mega Rally Ahead, 4% In Play. Accessed on September 8, 2025