{"id":4147,"date":"2025-04-18T05:00:27","date_gmt":"2025-04-18T05:00:27","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoins-1-dream-isnt-dead-analyst-predicts-summer-breakout\/"},"modified":"2025-04-18T05:00:27","modified_gmt":"2025-04-18T05:00:27","slug":"dogecoins-1-dream-isnt-dead-analyst-predicts-summer-breakout","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoins-1-dream-isnt-dead-analyst-predicts-summer-breakout\/","title":{"rendered":"Dogecoin\u2019s $1 Dream Isn\u2019t Dead\u2014Analyst Predicts Summer Breakout"},"content":{"rendered":"<p>The Dogecoin weekly chart has slipped back into the same lull that characterised the first half of 2024, yet two independent technicians argue the lull is nothing more than a reset before a decisive push higher.<\/p>\n<h2>Dogecoin to $1 By Summer\u2019s End?<\/h2>\n<p>On the one\u2011week time\u2011frame, analyst Chris (@StonkChris) <a href=\"https:\/\/x.com\/StonkChris\/status\/1912685925215141916\" target=\"_blank\" rel=\"noopener nofollow\">plots<\/a> an expanding rising channel that has been guiding price action since the October\u20112023 low at \u202f$0.056. That structure has produced a sequence of higher highs\u2014~$0.229 in March\u202f2024 and ~$0.484 in December \u202f2024\u2014and higher lows around $0.077 (February\u202f2024) and $0.08 (early August 2024).<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-734046 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/Gos5p80WkAAhHkf.jpg?resize=1024%2C528\" alt=\"Dogecoin price analysis\" width=\"1024\" height=\"528\" \/><\/p>\n<p>The latest pull\u2011back has just retested the channel\u2019s lower rail at $0.13, where Chris notes that the weekly Stochastic\u2011RSI has begun to curl up from single\u2011digit territory and the Ichimoku cloud is turning supportive above $0.22.<\/p>\n<p>From that confluence he sketches a steep, almost parabolic trajectory that slashes through the cloud resistance in May, re\u2011tests the mid\u2011cloud span near $0.30 and accelerates toward the upper boundary of the channel\u2014an area that will sit close to $1.00\u2013$1.10 by late\u2011summer 2025. \u201cDOGE to $1 by the end of the summer\u202f2025 anyone?\u201d he asked followers on X, leaving little doubt about his conviction that the secular up\u2011trend remains intact.<\/p>\n<h2>A Higher High Is Needed<\/h2>\n<p>The short\u2011term picture is less binary in the eyes of Olivier (@Dark64), who <a href=\"https:\/\/x.com\/Dark64\/status\/1912442199867875398\" target=\"_blank\" rel=\"noopener nofollow\">analyses<\/a> Dogecoin on the daily chart. His canvas is dominated by two features: a descending regression channel (labelled \u201cBLSR\u201d) that has trapped price since the November peak at $0.484, and a large rounded accumulation base projected to end between 5\u202fMay\u202f2025 and 29\u202fJune\u202f2025.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-734047 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/GopcBhGWAAAKQd9.jpg?resize=1024%2C554\" alt=\"Dogecoin descending channel\" width=\"1024\" height=\"554\" \/><\/p>\n<p>Key horizontal levels flank the pattern. Immediate support sits at $0.1533, the level price is presently hugging. Should that shelf give way, Dogecoin could revisit the lower line of the channel below $0.13. To the upside, Olivier marked $0.2175 the most crucial resistance where DOGE could break out of the descending channel and mark the first higher high in months.<\/p>\n<p>Meanwhile, the area around $0.229 could be a last line of defense for bears as this is the local high from March 2024. A break above this level would expose $0.3496\u2014a key support in December last year until January this year. Ultimately, the December high at $0.4361, with the year\u2011to\u2011date high at $0.484 completing the measured\u2011move objective.<\/p>\n<p>Olivier\u2019s trading logic is brutally simple. \u201cThe up\u2011trend won\u2019t resume until it prints a new higher low,\u201d he wrote, adding in reply to a sceptic who wondered whether DOGE might first undercut $0.12: \u201cIf it breaks the last low, it will go lower. If it prints a new higher low and a new higher high, then I\u2019ll be confident a new up\u2011trend is on.\u201d<br \/>\nHis road\u2011map therefore allows for one more flush\u2014potentially into the $0.13\u2013$0.11 pocket.<\/p>\n<p>At press time, DOGE traded at $0.154.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-734049\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/DOGEUSDT_2025-04-17_16-50-09.png?resize=1024%2C453\" alt=\"Dogecoin price\" width=\"1024\" height=\"453\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dogecoin weekly chart has slipped back into the same lull that characterised the first half of 2024, yet two independent technicians argue the lull is nothing more than a reset before a decisive push higher. Dogecoin to $1 By Summer\u2019s End? On the one\u2011week time\u2011frame, analyst Chris (@StonkChris) plots an expanding rising channel that&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4148,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[63,374,64,65,216,375],"class_list":["post-4147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=4147"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4148"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}