Dogecoin Ready to Rise? Crypto Analyst Predicts DOGE’s Sharp Rise to Higher Levels

Updated

October 24, 2025

Gambar Dogecoin Ready to Rise? Crypto Analyst Predicts DOGE’s Sharp Rise to Higher Levels

Jakarta, Pintu News – Leading market analyst Ali Martinez highlights that Dogecoin has the potential to bounce back from its recent lows, sharing possible price targets.

Martinez shared his views in Thursday’s review, amid signs of a price revival. The largest meme coin by market capitalization has seen a slight uptick in the past 24 hours, as Bitcoin has recovered to near the $110,000 mark.

Today’s recovery is in contrast to the price movements in the previous two days, where DOGE experienced declines of 3% and 2,467% respectively. Nonetheless, the token is still down 2.7% in the last seven days and 19.3% in the last one month.

Dogecoin Prepares for a Rebound

Dogecoin $DOGE is on the verge of a rebound! pic.twitter.com/PsSgEQz6h6
— Ali (@ali_charts) October 23, 2025

Meanwhile, Ali Martinez noted that the dominant bearish pressure on Dogecoin is likely to end soon. He emphasized that this could happen as DOGE approaches the lower boundary of the parallel channel on the 12-hour price chart.

Dogecoin entered this channel during the market correction in March, after peaking at $0.450 in January. Since entering into the rising wedge pattern, the popular meme coin has continued to move up and down between the upper and lower boundaries of the price structure.

Currently, DOGE is trading near the lower support area, after its recent underperformance. Martinez predicts that Dogecoin has the potential to bounce off this support level, with a surge in buying that could push the token’s price to higher levels.

How High Can Dogecoin Go?

If the price manages to bounce, Ali Martinez has identified several targets that may be reached in this bullish move. The first predicted target is the middle resistance area of the parallel channel, at $0.25 – which would mean an increase of about 29% from the current price around $0.197.

Martinez also mentioned that Dogecoin could go even higher. If DOGE manages to break the middle resistance, then the price could shoot up to $0.33, which is the upper limit of the parallel channel. This represents a price jump of about 70% from current levels.

Dogecoin Forms a Bullish Flag Pattern

Interestingly, another analyst named Trader Tardigrade has also observed a similar bullish development in the short term, noting that DOGE is currently moving in a bull flag pattern on the 4-hour chart – a technical formation that often precedes upward price spikes.

$Doge/4-hour#Dogecoin rebounded from $0.103 during the crash to its current level, forming a likely consolidation pattern.
This is a Bull Flag literally.
The target for this Bull Flag is set at $0.43 🔥 pic.twitter.com/epGI0LhPTj
— Trader Tardigrade (@TATrader_Alan) October 23, 2025

This pattern formed after DOGE plummeted to $0.103 on October 10, and since then the price has been in a consolidation phase. The long tail on the chart forms the pole, while DOGE fills the flag portion of the pattern.

Tardigrade predicts that there will be a breakout that pushes DOGE to $0.43 – an increase of about 122% from the current price.

Interestingly, this prediction aligns with a previous forecast from Tardigrade that Dogecoin has the potential to rise parabolically until it reaches its $1.15 target in the current cycle.

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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.

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