Dogecoin Could Rally 364% to $0.67, Top Analyst Predicts
Despite recent volatility, a prominent TradingView analyst believes Dogecoin (DOGE) could be on the verge of a massive 364% surge, projecting a long-term price target of $0.67. The forecast comes as technical indicators point to a possible inflection point, even as short-term performance remains mixed. Dogecoin saw a sharp decline from April 5 to April 7, bottoming out at $0.13. While the token rebounded briefly to $0.15 on April 10, it struggled to maintain upward momentum, falling back to around $0.14. Over the past week, Dogecoin has dropped 5.8%, extending to a 13.8% loss over 14 days and 6.9% over the last 30 days. Despite the red candles, analysts tracking historical patterns believe DOGE may be setting up for a major breakout. Breakout Patterns Emerge on 3-Day Chart The analyst without_worries shared a 3-day candlestick chart that reveals a technical formation similar to previous bull runs. He noted the following indicators supporting his projection: According to the analyst, these signals reflect the same pre-breakout setup that preceded earlier rallies. He confidently projects a 364% price increase, estimating Dogecoin could reach $0.67 if these signals hold and volume confirms a breakout. Interestingly, this analyst previously predicted a 70% price drop in February, which materialized as DOGE fell to the $0.20 level—bolstering his credibility among followers. $0.14 Support Remains a Key Battleground Another analyst, MonoCoinSignal, offered a more tempered perspective. In a recent report, he noted that Dogecoin increased 0.11% on a day when the overall crypto market plunged 4.4%, suggesting a level of price resilience. However, he emphasized that $0.14 is a crucial support zone. A sustained dip below this level could reverse recent gains and reintroduce bearish sentiment. Related article: Dogecoin Sheds 23% in One Month: Is the Meme Coin Losing Momentum or Primed for a Bounce? Resistance at $0.15 Limits Short-Term Upside MonoCoinSignal also pointed out that $0.15 serves as immediate resistance, and any move toward $0.16 depends on strong trading volume. A confirmed breakout above $0.16 could open the door to retesting $0.20, setting the stage for mid-term bullish momentum. He also warned that broader macroeconomic concerns—particularly those stemming from President Donald Trump’s ongoing trade policy decisions—may weigh on crypto markets, limiting DOGE’s rapid price appreciation. While short-term metrics remain bearish, analysts see signs that Dogecoin may soon pivot into a strong rally. With technical setups aligning and previous predictions proving accurate, optimism is growing—especially among traders betting on DOGE’s breakout above $0.16. Still, the path to $0.67 hinges on volume, macro conditions, and the market’s reaction to key support levels. For now, Dogecoin sits at the edge of possibility.
