Dogecoin (DOGE) could be on the verge of a breakout, with recent price action closely mirroring its 2017 bull market rally. A detailed comparison between Dogecoin’s 2017 and 2025 market cycles reveals a repeating pattern that may signal a major surge ahead. If the pattern holds, DOGE could surpass its all-time high and reach double-digit prices.
Patterns Show Similarities Between 2017 and 2025 Cycles
The latest analysis shows similarities between Dogecoin’s 2017 rally and its current 2025 setup. In 2017, DOGE traded within a descending price channel before breaking into an upward trend. A similar pattern will be formed in 2025, with Dogecoin consolidating inside a downward-sloping channel.
Dogecoin Price Patterns: 2017 vs. 2025. Source: DOGECAPITAL on XThe white arrow marks a critical point in the pattern, indicating that Dogecoin may be in the same phase of the cycle as before its 2017 breakout. A red curved line projects a possible parabolic move, suggesting that the price could soon surge. Additionally, the yellow diagonal line, which acted as resistance during the 2017 cycle, could again serve as a target for this rally.
Historical data indicates that Dogecoin has experienced a price surge approximately every 1,442 days. In its first major cycle, DOGE’s price increased by about 21,821%, reaching a peak in January 2018. The second cycle saw an even more substantial rise of approximately 54,890%, culminating in a peak in May 2021.
Dogecoin price performance throughout history. Source: CoinMarketCapIf the current price action continues to mirror the 2017 cycle, Dogecoin may break past its all-time high of $0.73, which it reached in May 2021. The projections suggest that DOGE could even push towards double-digit prices, with $10 being a possible long-term target if market momentum accelerates.
Analysts Differ on Dogecoin’s Price Target
Some predictions even suggest that Dogecoin could reach $1.35 by mid-April—representing a 400% gain from its current price of $0.27.
Analyst predicts that Dogecoin could reach $1.35 by mid-April. Source: Master Kenobi on XHowever, not all analysts agree on how high DOGE can climb. Some believe that while a rally is possible, expectations for DOGE to reach $10 this year may be overly optimistic.
One analyst suggests that Dogecoin’s next move will likely mirror its previous rallies, particularly its rise from $0.20 during a past cycle. Based on similar patterns, the analyst estimates that Dogecoin could reach a price range of $1.20 to $1.30 if the market remains favorable. According to this view, while a strong rally is expected, it may fall short of the highly optimistic $10 target.
Some traders agree with the conservative estimate of around $1.30 but believe that a future bull market, possibly in the next few years, could push Dogecoin beyond $10.
Will 2025 Be the Biggest Year for Dogecoin?
With the crypto market already gaining momentum following Bitcoin’s rally after the 2024 US election, the altcoin market could be preparing for its turn to rally. Historically, Dogecoin has followed Bitcoin’s lead, often lagging before entering its parabolic phase. This behavior was evident during the 2017 and 2021 bull markets, and a similar scenario may unfold in 2025.
While past performance does not guarantee future results, the recurring patterns in Dogecoin’s price movements strongly suggest a potential breakout.
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