Can DOGE Repeat the 36,000% Spike Like the Previous Cycle? Here’s What Analysts Say!

Jakarta, Pintu News – Dogecoin (DOGE), the cryptocurrency famous for its Shiba Inu dog logo, is back in the spotlight after crypto analyst Cantonese Cat compared the current price action to the 36,000% spike in the previous cycle. Another analyst, Ghost, also gave a bullish view, predicting that the Dogecoin price could reach $1.

Differences in Dogecoin Price Action Today Compared to Previous Cycles

Cantonese Cat, in a post on X, highlighted some key differences in the current Dogecoin (DOGE) price action compared to previous cycles. In previous cycles, Dogecoin experienced an unprecedented surge, breaking through the ‘Superlchi’ cloud without testing again. However, in this cycle, Dogecoin has managed to break through that cloud and turn it from resistance to support.

Unlike before, Dogecoin has been retesting this level for more than half a year and has proven that it is a strong support. Recent analysis shows that there was a large spike indicating high demand this month. This is considered more consistent with what usually happens during a bull market, and according to the chart included by Cantonese Cat, Dogecoin needs to stay above the $0.18 level to maintain this bullish structure.

Also Read: The Potential Price of Shiba Inu If Half the Supply is Burned: SHIB Likely to Surge?

Bullish Views from Other Crypto Analysts

Crypto analyst Ghost also observed that the bullish market structure is still intact for the Dogecoin price. The analyst highlighted the still-maintained ‘Parabolic Arc’ and predicted that Dogecoin’s target in this cycle is the psychological level of $1. This prediction adds optimism to Dogecoin’s potential future price gains.

Meanwhile, crypto analyst Ali Martinez stated that Dogecoin is looking to rebound and target prices of $0.29, $0.45, and $0.86. This follows Dogecoin’s price drop below the $0.20 level amid the broader crypto market decline, which was triggered by rising trade tensions between the US and China due to Trump’s tariffs.

Possible Dogecoin Price Rebound

Currently, the Dogecoin price is trading around $0.20, up more than 5% in the last 24 hours according to data from CoinMarketCap. This rise suggests a potential rebound is possible in the near future, especially if Dogecoin continues to hold critical support above the $0.18 level.

With the market structure still bullish and technical analysis in favor, the opportunity for Dogecoin to reach higher targets seems wide open. Investors and crypto market watchers will continue to monitor Dogecoin’s price movements to see if the cryptocurrency can stage another spectacular rally like in previous cycles.

Conclusion

With in-depth analysis and an optimistic outlook from analysts, Dogecoin is showing signs that a big rally might just happen again. Although the crypto market is full of uncertainties, Dogecoin has proven that it has the potential to become a star among cryptocurrencies once again.

Also Read: Can XRP Reach $10 Before 2025 Ends? Investors Should Know This Analyst’s Assessment!

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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 Repeat $36,000 Rally. Accessed on October 21, 2025