Dogecoin Price Surges 2% Today (2/26/25): Could DOGE Reach a $45 Target?

Jakarta, Pintu News – Dogecoin (DOGE), a cryptocurrency that was initially created as a joke, is now showing tremendous growth potential. Leading market analyst, Dima Potts, predicts that Dogecoin (DOGE) will rise up to 19,533% in this bullish cycle.

According to Potts, the key to this price surge lies in Dogecoin’s (DOGE) ability to bounce off the so-called “never miss zone”. In-depth technical analysis suggests that the next parabolic phase for Dogecoin (DOGE) is on the horizon.

Dogecoin price rises 2.75% in 24 hours

On February 26, 2025, Dogecoin (DOGE) saw a 2.75% increase in price over the last 24 hours, trading at $0.2118, or approximately 3,511 IDR. During this period, DOGE reached a high of IDR 3,516 and a low of 3,239 IDR .

As of the latest data, Dogecoin’s market capitalization stands at around $31.35 billion, with trading volume up by 23%, totaling $2.96 billion within the last 24 hours.

Read also: Ethereum Price Sees Slight Correction Today (2/26/25): Can ETH Rebound to $3,000?

Dogecoin rebounds from the “Never Miss Zone”

Potts has identified a critical area referred to as the “never miss zone”, where Dogecoin has historically rebounded after periods of consolidation, particularly in the 2017 and 2021 cycles.

He explained that recent price movements show DOGE moving towards this zone, which is an important indicator for a potential recovery.

Moreover, the asset’s cyclical behavior, where each cycle lasts about 1,442 days (or 206 weeks), suggests that Dogecoin is close to entering its next parabolic phase.

With the cycle having lasted for 1,388 days, Potts predicts that DOGE will soon enter the second phase of expansion, with technical clues pointing to an imminent spike that could take the price towards $4 (IDR65,579) as an initial milestone.

DOGE Potentially Reaches $45 Target (737,616 IDR)

According to Potts, once Dogecoin completes the second phase pump, there will likely be a brief retracement before the final push towards the top of the cycle.

Read also: Bitcoin Price Drops to $88,000 Today (2/26/25): BTC Enters Bear Market Territory!

Based on the historical patterns of previous cycles, he speculates that DOGE could follow the same path and reach its final target of around $45.

This projection comes from the observation that in the past, DOGE has always crossed the “red vertical line” on its cycle chart, and Potts expects a similar movement to occur this time.

The timing of reaching this level above the red line will be key in determining when the peak of the cycle is reached.

Whale DOGE Activity Declines

Potts remains optimistic that, driven by technological advancements, growing adoption, and growing institutional appeal, Dogecoin will follow or even surpass its historical cyclical pattern.

Although technical analysis shows optimism, current on-chain metrics provide a note of caution. Whale activity in the Dogecoin ecosystem has reached a new low, with only 66 large transactions recorded and around 60,000 active addresses per day.

This decrease in whale participation indicates that there is currently a lack of buying momentum. Currently, DOGE is trading at $0.2325, down more than 4% in the last 24 hours.

For the predicted surge to materialize, the market will need to see a correction in this on-chain trend, with increased whale activity that could strengthen demand.

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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:

• The News Crypto. Dogecoin Bull Cycle Could Deliver a 19,533% Surge, Predicts Analyst. Accessed on February 26, 2025