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DOGE Price Chart Reveals Huge Breakout Signal – Could a Run to $11 Be Next?

The Doge army has long coveted the dollar mark, but fresh analysis says the world's biggest meme coin could even hit $11

Last updated: February 18, 2025 12:33 EST

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Tim Hakki

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Tim Hakki

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A journalist and copywriter with a decade's experience across music, video games, finance and tech.

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Last updated:

February 18, 2025 12:33 EST

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Choppy market conditions have kept Dogecoin (DOGE) from reclaiming the $0.30 mark in recent weeks, raising concerns among its supporters despite its massive $37.4 billion market cap.

Earlier predictions placed DOGE’s potential 2025 peak at $0.64.

However, a fresh technical analysis now suggests the meme coin could be setting up for an even bigger rally—with a staggering target above $11.

Dogecoin analysts highlight long-term $11.16 DOGE price target

A new TradingView analysis highlights a long-term breakout pattern that could propel Dogecoin ($DOGE) to an astonishing $11.16. The study pinpoints critical resistance and breakout levels that signal a sustained upside potential.

At its current price of $0.25, DOGE is hovering above a crucial demand zone, which the analyst now sees as a buyback area. If this holds, Dogecoin could begin a strong rally toward its former all-time high of $0.73, set on May 8, 2021.

Should DOGE decisively break through this key resistance, the analysis suggests it could enter price discovery mode, potentially surging as high as $11 based on historical trends in Dogecoin’s parabolic rallies.

Another bullish factor in play is the Adam and Eve pattern, which DOGE completed following a breakout in late 2024.

This move initially propelled the price above multi-year resistance, peaking at $0.475 before encountering stiff resistance. However, rather than signaling a rejection, this pullback is seen as a necessary consolidation for an even stronger push higher.

DOGE has been correcting since its recent peak, but it remains above key support where traders are actively accumulating. As long as this level holds, it could set the stage for the next leg up.

The price chart further supports this outlook.

Since early February, DOGE has traded within a stable range, while its Relative Strength Index (RSI) sits at 43—suggesting it’s approaching oversold levels but beginning to recover.

The fact that DOGE has largely avoided extreme oversold territory this month indicates strong underlying support at current levels.

While meme investors stack $DOGE, Bitcoin-rewarding meme coin BTC Bull ($BTCBULL) bags $2.2 million

DOGE is not the only meme coin primed for a potentially explosive price breakout. Whispers on the industry grapevine suggest that a brand new high-utility meme coin, BTC Bull ($BTCBULL), may follow a similar trajectory in the mid-to-long term.

BTC Bull is for both established Bitcoin bulls and prospective converts. Essentially, it gives investors a novel way to earn Bitcoin through automatic airdrops whenever BTC reaches certain key price milestones.

Backed by viral momentum, the BTC Bull presale exploded on launch—netting $100,000 within minutes last week and already rallying beyond the $2 million milestone in presale investments.

https://twitter.com/BTCBULL_TOKEN/status/1891198324968947996

All BTC Bull holders earn Bitcoin whenever BTC hits specific price targets, creating an incentive for early adoption and long-term holding.

To maximize rewards, BTC Bull also features high-yield staking with a considerable 193% annual return, allowing investors to put their money to work while simultaneously supporting the project’s development.

$BTCBULL tokens retail on the official website at just $0.00237, and the team is actively posting updates on both X and Telegram.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.