Emily Walker
Crypto analyst KrissPax has caught the attention of the community by highlighting a bullish trend for Dogecoin’s price. He anticipates that Dogecoin may experience a price increase into double digits soon.
Dogecoin Set for Significant Price Rise
In a recent post on X, KrissPax forecasted a potential double-digit price increase for Dogecoin. This prediction follows the cryptocurrency’s breakout from a two-week descending wedge pattern. He noted that after a slight pullback, DOGE could rebound and surpass the $0.40 mark.
The $0.40 level is crucial, having previously served as strong support during a phase of Dogecoin’s prior bull run. Surpassing this price could signal the next significant rally for the meme coin, potentially allowing it to reach its previous all-time high (ATH) of $0.74, with aspirations to hit the $1 milestone afterwards.
In another X post, KrissPax expressed further optimism about Dogecoin’s prospects, mentioning that the coin had just tested a rising resistance line as support and was up 6% for 2025. He noted that a continued upward trend is expected, with charts suggesting a potential rally to as high as $2.
Additionally, increased activity among major Dogecoin investors, or “whales,” indicates positive sentiment. According to Bitrabo, there was a notable 41% increase in large transactions, amounting to $23.35 billion in trades within 24 hours. This trend suggests that significant investors are accumulating DOGE, which bodes well for its price recovery.
Potential Major Price Surge This Week
Another crypto analyst, Master Kenobi, has predicted a potential major price surge for Dogecoin this week. Reflecting on past trends, he pointed out that previously unexpected price jumps occurred about 258 days after the Bitcoin Halving. He estimates that DOGE could reach at least $1.2 if historical patterns repeat.
In an “ultra-optimistic” scenario, he suggests that Dogecoin’s price might even soar to $3.4. Likewise, crypto analyst Dima James recently shared a bullish outlook, projecting that Dogecoin could surpass $11 by the end of the year, with potential extremes of $23 or even $36 based on historical data.
Currently, Dogecoin is trading around $0.34, showing a more than 3% increase in the last 24 hours, according to CoinMarketCap data.