Dogecoin (DOGE) has been struggling in recent weeks, dropping 32% since January 20, amid broader market turbulence. The meme coin has recorded three consecutive weeks of losses, putting investors on edge.
However, analysts believe that history may repeat itself, paving the way for an explosive rally beyond $20. Based on previous bull cycles, Dogecoin has demonstrated a pattern of exponential growth, which some experts predict could lead to a major breakout in 2025.
Analysts Predict Massive Dogecoin Rally
Crypto analyst Javon Marks highlights Dogecoin’s past bull runs:
- 2017 Bull Run: DOGE surged 90x.
- 2021 Bull Run: DOGE skyrocketed 306x.
Marks suggests that if this pattern continues, DOGE could reach $20+ in the current cycle. His chart analysis reveals a series of higher lows, a common setup before a parabolic rally.
Dogecoin’s Historic 4-Year Cycle Repeats?
Dima Potts, another market expert, has identified a repeating four-year cycle in Dogecoin’s price history.
- The first cycle in 2017-2018 saw DOGE rise 21,821%, reaching $0.0187.
- The second cycle in 2021 saw an even bigger 54,890% surge, peaking at $0.74.
- If this pattern holds, Potts predicts DOGE could surpass $10 by April 14, 2025.
With historical data aligning, long-term investors remain optimistic about Dogecoin’s future price action.
Key Support & Short-Term Concerns
Crypto analyst Ali Martinez highlights $0.19 as a key support level for DOGE. Currently, DOGE is trading at $0.253, down 3.65% in the past 24 hours.
“As long as $0.19 support holds, Dogecoin still has the potential for a parabolic rally toward $10+,” Martinez states.
Another analyst, AMCrypto, warns of a potential short-term dip before DOGE resumes its rally. He notes that DOGE recently broke out of a cup-and-handle formation, leading to a 300% surge. However, he expects a retest of the breakout zone around $0.17-$0.18 before DOGE resumes its upward momentum.
Will Dogecoin Break Past $20?
While short-term volatility remains, the long-term outlook for Dogecoin appears bullish if historical patterns hold. With growing interest, strong historical cycles, and key support levels, investors are eyeing April 2025 as a potential breakout period.
Can DOGE repeat history and hit $20+? Analysts believe the stage is set—only time will tell.
