Dogecoin’s (DOGE-USD) price could potentially reach a target of $2.35 in 2025 if current bullish trends hold. Analysts are pointing to a fractal pattern in the asset’s price movement, suggesting that a rally above $0.35 could lead to new all-time highs.
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Fractal Analysis Suggests a Big Jump
Technical analysts, including Chandler Bing, suggest that Dogecoin’s price could climb between $2.35 and $2.60, with a potential gain of up to 683% from its current price. This target, though ambitious, is grounded in Dogecoin’s past performance relative to Bitcoin (BTC-USD) and Ethereum (ETH-USD) during previous bull runs.
Short-Term Setbacks Don’t Deter Optimism
While Dogecoin has faced some struggles, including recent dips below $0.30, analysts believe the asset may be forming a bottom. According to an anonymous investor on X, if Dogecoin regains momentum above $0.35, it could trigger a rally in 2025.
At the time of writing, DOGE is sitting at $0.3175.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
