Cryptographic analyst KrissPax has drawn the community’s attention to a bullish pattern that has formed for the price of Dogecoin. Consequently, the analyst predicts that Dogecoin could soon record a double-digit price increase.
Dogecoin price forecast for double-digit rise
in a x publicationKrissPax predicted that Dogecoin price could enjoy a double-digit rise very soon. This came as he revealed that Dogecoin had surpassed a 2-week period. falling wedge. He added that after a pullback, DOGE could enjoy a bullish reversal as it climbs back above $0.40.
This $0.40 price level is significant as Dogecoin price formed crucial support around this range when it recorded the first phase of his confinement. As such, a rally above $0.40 could pave the way for the top meme coin to begin the next leg of its bull run. A run towards its current all-time high (ATH) of $0.74 could be on the cards for Dogecoin, and then a rally to the long-awaited $1 level.
In another post KrissPax provided more optimism that Dogecoin price is primed for a bullish reversal. He stated that Dogecoin has just finished a retest at an upward-sloping resistance line as support and is already up 6% in 2025. He added that a bullish continuation is expected. The accompanying chart showed that a rally of up to $2 was in play.
Crypto Whales also appears to anticipate a Dogecoin price rally. Bitcoinist reported that Dogecoin recorded a 41% increase in big transactionswith 23.35 billion dollars traded in 24 hours. This increase suggests an accumulation trend among these DOGE whales. This is also bullish for the top meme coin as these investors could contribute to the price recovery.
A major bomb could be produced this week
Cryptographic analyst Master Kenobi has predicted that the price of Dogecoin could see a major surge this week. He noted that a cycle ago, there was nothing indicating the massive surge in DOGE that occurred 258 days after the Bitcoin halving. Crypto analyst predicts DOGE should reach at least $1.2 this week if history repeats itself.
He added that Dogecoin’s price could even reach $3.4 in an “ultra optimistic” scenario. Cryptographic analyst dima james He also recently provided a bullish outlook for Dogecoin. He predicted that the top meme coin could cross the $11 mark before the end of this year. Based on historical trends, the analyst even raised the possibility of the meme coin rising to $23 or even $36.
At the time of writing, Dogecoin price is trading at around $0.34, up more than 3% in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
