Dogecoin (DOGE) is holding firm above a long-term ascending channel’s lower boundary, signaling a potential bullish reversal. Currently trading around $0,1733, DOGE remains within a pattern that has historically preceded significant rallies. If demand rises from this support level, analysts suggest the price could climb toward the middle or upper range of the channel—between $1 and $5.

Channel Support Holds as Bullish Structure Intact

According to analyst Ali, DOGE is testing a crucial support line it has bounced from in previous cycles. Past rebounds from this zone led to major price surges, reinforcing its role as a strong foundation for new rallies. If buying pressure returns, the price could revisit previous highs, targeting the central and upper bounds of the channel.

DOGECAPITAL notes that DOGE historically experiences explosive growth in the fourth year of its market cycle, referencing rallies in 2017 and 2021. Projections range from a possible high of $10 by year-end to a December target near $11,71. These estimates are supported by expectations of increased institutional adoption, rising network activity, and potential tech upgrades.

DOGE Price Prediction for 2025

While there are no guarantees, historical performance and current technical alignment suggest DOGE could be preparing for another breakout. A drop below the current support would invalidate the bullish case and potentially send prices toward $0,10. But for now, all eyes are on demand at this level—if momentum builds, the next leg up may be closer than expected.

See also: Elon Musk Dismisses Dogecoin Adoption by US Government