Dogecoin Sets Sights on $1 as Bullish Cycle Gains Strength

Dogecoin (DOGE) is exhibiting renewed bullish momentum, supported by technical indicators and longer-term cycle analysis. The current price, hovering around $0.16, shows higher highs and higher lows, confirming an uptrend. Resistance levels at $0.1823 and $0.2171 are facing increased buying pressure. A recent break above a descending trendline, in place since 2021, signals a significant bullish reversal.

Source: Javon Marks

Analyst Javon Marks projects significant upside potential for DOGE, with targets at $0.6533, $0.74 (its all-time high), and $1.25111. These targets align with DOGE's recovery trajectory since its 2021 correction. Increased volume near previous resistance zones, coupled with market support at former resistance levels, further strengthens the bullish outlook.

Cyclical Patterns Suggest a Delayed Peak

Astro's long-cycle analysis, using TradingView data from 2014 to 2028, offers another perspective. This analysis tracks momentum shifts, indicating a transitional phase. According to Astro, DOGE's behavior differs between Embolismic and Normal years.

Source: Astro

In Embolismic years (like 2024 and 2025), DOGE typically peaks between March and September. However, Astro's analysis suggests no significant peak is expected before September 2025. This delay could lead to extended bullish waves and provide ample accumulation opportunities for traders.

Technical and Cyclical Alignment for Long-Term Growth

Both technical and cyclical analyses converge on a maturing market structure for DOGE. The cryptocurrency has transitioned from a prolonged downtrend to an accumulation and breakout phase. The establishment of support at former resistance levels reinforces this bullish narrative. With major resistance zones now being tested, upward momentum appears increasingly sustainable.

Dogecoin traders may find it beneficial to integrate these longer-cycle signals into their strategies. As broader market sentiment shifts, DOGE is building a strong case for sustained upward momentum through 2025 and beyond.