Crypto analyst KrissPax drew public attention to the bullish pattern formed in the price of Dogecoin. In line with this, the analyst predicts that Dogecoin can quickly record a double-digit price increase.
Dogecoin Price Eyes Double-Digit Surge
In an X postKrissPax predicted that the price of Dogecoin could enjoy a double surge soon enough. This happened as he revealed that Dogecoin was out in 2 weeks the one who descends. He added that after the pullback, DOGE could enjoy a bullish reversal as it backed up above $0.40.
This price level of $0.40 is important as the price of Dogecoin forms a significant support in this range while recording the first stage of its bull run. As such, a rally above $0.40 could pave the way for the top meme coin to start the next leg of the bull run. A run to the current all-time high (ATH) of $0.74 may be on the cards for Dogecoin, followed by a rally to the much-anticipated $1 level.
In another X post, KrissPax gave further hope that the price of Dogecoin is ready for a bullish reversal. He said that Dogecoin recently completed a retest of the resistance line rising above as support and is already up 6% in 2025. He added that high progress is expected. The accompanying chart showed a rally as high as $2 in cards.
Crypto Whales also seem to be waiting for another rise in the price of Dogecoin. Bitcoinist reported that Dogecoin recorded a surge of 41%. great dealwith $23.35 billion sold in 24 hours. This increase suggests a trend of overlap between these DOGE Whales. This is also bullish for the leading meme coin, as these investors can contribute to the price recovery.
A Big Pump Is Possible This Week
Crypto analyst Master Kenobi predicted that the price of Dogecoin could witness a big pump this week. He noted that the previous cycle, there was nothing to show the big pump in DOGE that happened 258 days after the Bitcoin Halving. The crypto analyst predicts that DOGE should reach at least $1.2 this week if history repeats itself.
He added that the price of Dogecoin could reach $3.4 in a “very optimistic” scenario. Crypto analyst Dima James and recently gave a bullish view of Dogecoin. He predicted that the leading meme coin could cross the $11 mark before the end of this year. Based on historical trends, the analyst even suggested that the meme coin could rise to $23 or even $36.
At the time of writing, the price of Dogecoin is trading around $0.34, up more than 3% in the last 24 hours, according to the report. the data from CoinMarketCap.
The featured image was created with Dall.E, a chart from Tradingview.com