Dogecoin (DOGE) is ready to rebound! Data patterns suggest that $1 Dogecoin is really coming?!

ELON 2025-10-28 12:45 39698人围观 DOGE

Famous market analyst Ali Martinez emphasized that Dogecoin may rebound from recent lows and shared possible targets. Martinez shared this insight in comments on Thursday even as prices have shown signs of recovery. The largest meme coin by market cap has

Prominent market analyst Ali Martinez highlighted that Dogecoin could rebound from its recent lows and shared possible targets.

Although prices have shown signs of recovery, Martinez in comments on Thursday Still shared this insight. The largest meme coin by market capitalization has gained slightly over the past 24 hours, in line with Bitcoin’s rebound to nearly $110,000.

Today’s rally is in stark contrast to the price action of the past two days, which saw Dogecoin lose 3% and 2.467% respectively. Still, the coin is down 2.7% over the past seven days and 19.3% over the month.

Dogecoin expected to rebound

Meanwhile, Martinez noted that Dogecoin Major Bearish Momentum May be running out. He highlighted that this could happen as Dogecoin approaches the bottom of a parallel channel on the 12-hour price chart.

Dogecoin entered this channel during the correction in March after peaking at $0.450 in January. After entering a rising wedge, the famous meme coin has been fluctuating between the tops and bottoms of the price structure.

Dogecoin (DOGE) has had poor price performance recently and is currently trading close to downside support. Martinez Prediction, Dogecoin A rebound from support is possible and a surge in buying could push its price higher.

How high can Dogecoin go?

If prices rebound, Martinez highlighted possible targets for this bullish price action. The first higher price Dogecoin could rebound to is the channel midpoint Resistance at $0.25 , an increase of 29% from its current market price of $0.197.

At the same time, he predicts that the price of Dogecoin may rise further. If the midpoint supply breaks out, the price of Dogecoin could rise to $0.33, in line with the parallel channel’s upper resistance. This means that the price of Dogecoin is up 70% from current levels.

Dogecoin forms bullish flag pattern

Notably, another analyst, trader Tardigrade, also Short-term trend for Dogecoin Hold a similar bullish view. He highlighted that Dogecoin is within a bull flag pattern on the 4-hour chart, a pattern that typically signals an upward breakout.

The pattern formed after the drop to $0.103 on October 10, and the price has been consolidating in this range since then. The long shadow forms the flagpole, and Dogecoin price then fills the flag.

Tardigrade predicts that DOGE price will exceed $0.43, which would represent a 122% increase from current levels.

Interestingly, this is in line with Tardigarde’s prediction that Dogecoin will This cycle went parabolic, reaching its price target of $1.15。

This article is only market analysis and does not constitute any investment advice. The digital currency market is extremely risky, so please make decisions with caution.

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