
{"id":75073,"date":"2025-06-21T02:00:22","date_gmt":"2025-06-21T02:00:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=75073"},"modified":"2025-06-21T02:00:22","modified_gmt":"2025-06-21T02:00:22","slug":"dogecoin-breaks-free-could-soar-60-analyst-says","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=75073","title":{"rendered":"Dogecoin Breaks Free\u2014Could Soar 60%, Analyst Says"},"content":{"rendered":"<p>Dogecoin edged up slightly to $0.17 on Friday, gaining 1.0% in the last 24 hours. Trading has thinned out this week, and <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" target=\"_blank\" rel=\"noopener\">Dogecoin<\/a> has slipped almost 3% over the past seven days.<\/p>\n<p>Based on reports, investors are moving carefully as volume dropped 30% to about $678 million.<\/p>\n<h2><strong>Trading Volume Drop Signals Caution<\/strong><\/h2>\n<p>According to on\u2011chain data, the slump in daily volume shows fewer traders are stepping in. That 34% slide in activity suggests a loss of momentum.<\/p>\n<p>Some market watchers say low volume often leads to whipsaws. When fewer coins change hands, even modest buys or sells can push prices sharply in either direction.<\/p>\n<p><a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> looks prime for a 60% price move! All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend.<\/p>\n<p>So go to <a href=\"https:\/\/twitter.com\/coinexcom?ref_src=twsrc%5Etfw\">@coinexcom<\/a>, sign up using my referral link <a href=\"https:\/\/t.co\/73n8mWavUX\">https:\/\/t.co\/73n8mWavUX<\/a>, and join me in this trade! <a href=\"https:\/\/t.co\/Im27DBuBka\">pic.twitter.com\/Im27DBuBka<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1935620101329625304?ref_src=twsrc%5Etfw\">June 19, 2025<\/a><\/p>\n\n<h2><strong>Triangle Pattern Points To Imminent Breakout<\/strong><\/h2>\n<p>On charts stretching from early 2024 into mid\u20112025, Dogecoin fits a <a href=\"https:\/\/www.axi.com\/int\/blog\/education\/symmetrical-triangle-pattern\" target=\"_blank\" rel=\"noopener\">symmetrical triangle<\/a>. Prices have carved lower highs and higher lows as trendlines converge.<\/p>\n<p>Data from crypto analyst Ali shows, this narrowing range often precedes a major move. He notes the tip of the triangle is due by June 2025, which puts a deadline on when volatility should pick up.<\/p>\n<p><strong>DOGE Bulls Eye Breakout<\/strong><\/p>\n<p>According to Ali\u2019s analysis, a daily close above $0.22 likely signals a bullish breakout. If that happens, he sees Dogecoin reaching roughly $0.35 or $0.36\u2014about 60% higher than current levels.<\/p>\n<p>On the flip side, a drop below $0.16 could spark a sell\u2011off toward $0.10. Investors are watching those exact levels to decide whether to join buyers or cut losses.<\/p>\n<p><strong>DOGE Price Forecast<\/strong><\/p>\n<p><a href=\"https:\/\/digitalcoinprice.com\/forecast\/dogecoin\" target=\"_blank\" rel=\"noopener\">Digital Coin Price<\/a> is on the optimistic end. They predict Dogecoin could go past $0.37 before year\u2011end and even test its old high of $0.74 again.<\/p>\n<p><strong>Market Catalysts Could Tip The Scales<\/strong><\/p>\n<p>Dogecoin\u2019s swings often mirror the wider crypto space or follow social media buzz. A surge in Bitcoin or Ethereum prices could carry <a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" target=\"_blank\" rel=\"noopener\">DOGE<\/a> higher, while a broader sell\u2011off would magnify losses. Some traders also keep an eye on endorsements from well\u2011known figures and major exchange listings.<\/p>\n<p>For now, patience may pay off. Traders will look for volume to confirm any move past $0.22 or under $0.16. Until then, expect choppy range\u2011bound action.<\/p>\n<p>The next few weeks will be critical as the symmetrical triangle tightens. If volume steps back in, Dogecoin could pick a clear direction\u2014either a strong rally or a deeper correction.<\/p>\n<p><em>Featured image from Imagen, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin edged up slightly to $0.17 on Friday, gaining 1.0% in the last 24 hours. Trading has thinned out this week, and Dogecoin has slipped almost 3% over the past seven days. Based on reports, investors are moving carefully as volume dropped 30% to about $678 million. Trading Volume Drop Signals Caution According to on\u2011chain [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":75074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75073","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\/75073"}],"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=75073"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/75074"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}