Dogecoin’s Comeback Gains Steam – Could $11 Be Closer?
After shaking off a dip to $0,13, Dogecoin is back in the spotlight with a sharp 12% rebound, reclaiming the $0,1499 level. That move has reignited optimism across the meme coin’s community, with analysts now eyeing a much larger breakout on the horizon.
Technical Indicators Build a Strong Case
DOGE has punched through its previous ascending channel—an action often tied to trend reversals. Weekly charts now show the coin hovering above the Ichimoku cloud, a bullish support zone, while the 100- and 200-week SMAs just completed a golden cross. A bullish hammer candle further strengthens the setup, hinting that momentum is building for a sustained push higher.
Cycle Data Suggests a Much Bigger Move
Beyond the short-term excitement, Dogecoin appears to be aligning with its historic four-year pattern. Similar moments in 2017 and 2021 preceded massive rallies, with DOGE finishing each cycle over 37 times higher than its yearly open. If history repeats, the current cycle could target $11,71 by year-end—with upside potential beyond that, given previous peaks exceeded initial forecasts.
As the broader market finds its footing, Dogecoin’s technical resilience and cycle symmetry make a compelling case for those looking beyond the memes and into momentum.
