{"id":135751,"date":"2026-02-16T20:30:32","date_gmt":"2026-02-16T20:30:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=135751"},"modified":"2026-02-16T20:30:32","modified_gmt":"2026-02-16T20:30:32","slug":"dogecoin-price-can-still-reach-1-but-it-may-not-be-soon-analyst-explains-why","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=135751","title":{"rendered":"Dogecoin Price Can Still Reach $1, But It May Not Be Soon, Analyst Explains Why"},"content":{"rendered":"

Crypto analyst XForce has assured that the Dogecoin price<\/a> can still reach the psychological $1 level. However, he suggested it may not happen soon, as he alluded to technicals that indicate a single pathway for the meme coin to reach this level.\u00a0<\/p>\n

Dogecoin Price Can Reach $1 In The Coming Years<\/h2>\n

In an X post<\/a>, XForce stated that the Dogecoin price still has the potential to record a 10x move in the coming years, potentially reaching $1 from its current level. He further noted that the idea is narrowed to a single primary bullish pathway, in which Wave 4 for DOGE<\/a> is a potential triangle.\u00a0<\/p>\n

His accompanying chart showed that the Dogecoin price could rally to as high as $1.3 on Wave 5, a move which could play out by 2028 based on the technical setup. This notably coincides with a period that analysts such as Benjamin Cowen have predicted could be the peak of the next bull run<\/a>. Meanwhile, the chart also showed that a drop below $0.05 could invalidate this setup for DOGE.\u00a0<\/p>\n

For now, XForce noted that the Dogecoin price continues to hold above the major low and could be the latest remaining meme coin to go on a major run. DOGE is notably back above the psychological $0.10 level, following the recent crypto market rally<\/a>, led by Bitcoin. However, activity in the derivatives market suggests that traders are still bearish on the meme coin.\u00a0<\/p>\n

CoinGlass data<\/a> shows that the long\/short ratio is below 1, indicating that most traders are bearish. Derivatives trading volume has dropped by over 13%, and open interest is down by over 12%. However, the options trading volume is up by over 32%, and options open interest is up by 72%.\u00a0<\/p>\n

A Rally To $5 Could Be On The Cards<\/h2>\n

Crypto analyst Bitcoinsensus has suggested that a Dogecoin price rally to $5<\/a> could be on the cards. In an X post<\/a>, the analyst stated that DOGE may have room to push to the $5 price level if this cycle plays out like previous ones. Bitcoinsensus noted that in the first cycle, DOGE recorded a 95x surge while it saw a 310x rally in the second cycle. This third cycle is now playing out, which could lead to another parabolic surge.\u00a0<\/p>\n

Bitcoinsensus noted that in past cycles, the Dogecoin price has thrived during risk-on environments, typically after long stretches of price consolidation<\/a> before the breakout. The analyst\u2019s accompanying chart showed that the meme coin could record this parabolic rally between now and 2027.\u00a0<\/p>\n

At the time of writing, the Dogecoin price is trading at around $0.10, down over 12% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Crypto analyst XForce has assured that the Dogecoin price can still reach the psychological $1 level. However, he suggested it may not happen soon, as he alluded to technicals that indicate a single pathway for the meme coin to reach this level.\u00a0 Dogecoin Price Can Reach $1 In The Coming Years In an X post, […]<\/p>\n","protected":false},"author":0,"featured_media":135752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-135751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135751"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135751"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/135752"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}