• Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact
Saturday, May 31, 2025
FinCurrency
No Result
View All Result
  • Home
  • News
  • Finance
  • Economy
  • Crypto
  • Home
  • News
  • Finance
  • Economy
  • Crypto
No Result
View All Result
FinCurrency
No Result
View All Result

Weekly Chart Shows That Dogecoin Price Is Primed To Cross $11 In 2025, Here’s How

Sergio Gruber by Sergio Gruber
January 2, 2025
in Crypto, News
Reading Time: 2 mins read
A A
0
This Crypto Trader Correctly Called Dogecoin Price Break Above $0.3 Back In October, The True Target Will Shock You
0
SHARES
0
VIEWS
FacebookTweetPinShareShare

Este artículo también está disponible en español.

Analyzing Dogecoin’s Potential to Reach New Heights

blockdag 70m

The cryptocurrency market never ceases to intrigue investors and enthusiasts alike, with Dogecoin being one of the most talked-about digital assets. Crypto analyst Dima James has made a striking prediction that Dogecoin could potentially see its price soar beyond $11 in the course of this year. This forecast is based on a detailed analysis of DOGE’s weekly chart, suggesting that the meme coin is well-positioned to achieve this ambitious target.

Insights from Dima James: Dogecoin’s Trajectory

In a recent post on X, Dima James shared his analysis, suggesting that Dogecoin’s price might not only touch $11 but could even reach $11.71. The forecast is grounded in historical data and chart patterns, showing trend lines that are mathematically calculated to predict where DOGE could stand by the end of its current cycle. The chart indicates that the red line has historically marked the peak in every cycle.

The analyst’s observations further reveal that this red line has been a reliable indicator of the cycle’s top in the past, notably in the 2017 and 2021 cycles. If past patterns hold true, he believes that Dogecoin’s price will at least reach this red line, targeting a price above $11.

Historical Trends and Future Possibilities

Examining past cycles, Dima James highlighted that Dogecoin’s price has increased by a factor of 37 from the beginning to the end of year four. Since Dogecoin started this year at $0.31660, a similar trajectory could see it closing at approximately $11.71 by the end of 2025, representing a 37-fold increase. Furthermore, Dima James speculated that the price might even exceed $11.71, as the red line for 2025 begins around $23 and trends upward over time.

Exploring a More Cautious Approach to Dogecoin’s Price

While some analysts are optimistic, others like Master Kenobi offer a more conservative outlook on Dogecoin’s potential price. He estimates that DOGE could peak between $1.2 and $3.4 during this market cycle. He suggests that if Dogecoin can surpass its current all-time high (ATH) of $0.74 by the end of January, it may test the $1.2 level, marked by the yellow trend line on his chart.

Potential Beyond the $1.2 Mark

Master Kenobi notes that while surpassing the $1.2 target would be a remarkable achievement, reaching the $3.4 mark—indicated by the orange line—by January’s end would be an added bonus, though it remains a challenging milestone in the current bull market phase. At the time of writing, Dogecoin’s price is trading at around $0.33, showing an increase of over 4% in the past 24 hours, according to CoinMarketCap data.

As the crypto market continues to evolve, the potential for Dogecoin to achieve these predictions remains a topic of keen interest among investors. With analysts offering varying perspectives, the future of DOGE will be closely watched by many in the crypto community.

Tags: analystcryptocrypto analystCrypto newsdogeDOGE newsDoge priceDogecoinDogecoin newsdogecoin pricedogeusddogeusdt
Previous Post

Do Kwon Pleads Not Guilty In First US Hearing After Extradition

Next Post

18 Days Until Gensler Steps Down, Pro-XRP Lawyer Says ‘Too Long

Sergio Gruber

Sergio Gruber

Financial writer Hello, my name is Sergio Gruber and I am a finance editor with a specialization in blockchain and cryptocurrency. I have a deep understanding of how the financial world is being transformed by these exciting technologies.I received my degree in Finance Editing from Western Washington University, where I learned how to combine my passion for writing and financial analysis. Since then, I have worked with a number of high-profile publications, helping to educate and inform readers about the latest developments in the world of blockchain and cryptocurrency.

Next Post
Ripple News: Why is the SEC Delaying the Appeal? Important Doubts Cleared!

18 Days Until Gensler Steps Down, Pro-XRP Lawyer Says ‘Too Long

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Popular News

  • How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    0 shares
    Share 0 Tweet 0
  • Top 10 Altcoins Under $1 to Invest in 2025

    0 shares
    Share 0 Tweet 0
  • Alex Mashinsky Net Worth: From Tech Pioneer to Legal Battle

    0 shares
    Share 0 Tweet 0
  • Vanguard Routing Number: How to Find and Use It

    0 shares
    Share 0 Tweet 0
  • How to Earn Passive Income? Embrace the Future of Passive Income and Earn 20% Instant USDT with Caged Beasts Coin

    0 shares
    Share 0 Tweet 0

Recent News

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025
FinCurrency Logo White Mode Retina Mobile

FinCurrency is a user-friendly platform that stands out as a unique source where our strong team of experienced and academically qualified writers, who are experts in their fields, analyze current issues and global affairs related to the finance and crypto world in an enjoyable and non-technical approach.

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025

WARNING:

The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.
Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

  • Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact

© 2024 FinCurrency - Global News

No Result
View All Result
  • Home
  • News
  • Economy
  • Finance
  • Crypto
  • Technology
  • Terms and Conditions
  • Contact

© 2024 FinCurrency - Global News

Banner 1
Banner 2
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms and Conditions.