The Dogecoin price rebounded to $ 0.186 after decreasing from $ 0.185 to $ 0.15 earlier in the week. The rebound is proof that buyers fall down prices, a sign that some market observers consider a continuous force for the cryptocurrency of the same.
Analysts monitor the training of long -term models
With regard to analyst Steph is crypto, Dogecoin always follows what they call a “legendary trend line” which extends between three significant price lows over several years.
This support line started above $ 0.001 at the beginning of 2020, was again raped above $ 0.059 in 2024, and more recently broke below to find the support of about $ 0.14 in 2025. Each time the price hit this line, it fell higher.
Those who stay on Doge for a long time are an “absolute legend”, noted Steph in their exam, which gives a long -term price target of $ 10. It would be more than 5,000% of current levels.
#Dogecoin Road to $ 10!
If you still hold $ DOGEYou are an absolute legend. pic.twitter.com/zppo6utzsk
– Steph is crypto (@steph_iscryptto) May 1, 2025
Daily graphics display a more conservative view
Other analysts provide a less aggressive prediction using the trends in the daily graphic: Dogecoin tends to bounce from a growing trend line, which makes a higher sequence of low. Their results indicate that these rebounds tend to follow the false inversions that occur before major rupture movements.
Previous resistance levels become a new support
Taking longer periods, another trend can be observed in the movement of Dogecoin prices. In accordance with the analysis on three -day graphics, high high values act as support levels thereafter.
This happened when Doge broke out above $ 0.097 resistance to the end of 2023, then retired to test the same level as support in early 2024.
Future price targets based on historical models
The February peak of $ 0.29 in 2025 is another reference point which preceded the recent drop in prices. Although technical analysts tested the support point of $ 0.145 in April, they now consider $ 0.23 as the next level to look as a resistance point.
In the event that these trends remain consistent, some experts are of the opinion that Dogecoin could reach $ 0.80, which would be more than its summit of $ 0.73.
Although these predictions are largely based on models of technical graphics and not fundamental considerations, the predictability of the structure of Dogecoin prices has aroused the interest of certain observers of the cryptocurrency market.
The ascending trend line held even for various market cycles is a main indicator that most merchants monitor to assess the strength of the current Doge position.
Felash star image, tradingView graphic
