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Dogecoin Breakout Watch: Chartists Say $0.20 Close Could Trigger Rally to $0.25

Dogecoin Breakout Watch: Chartists Say $0.20 Close Could Trigger Rally to $0.25

CoinEditionCoinEdition2025/04/28 16:00
By:Anisha Pandey

Dogecoin analysts say a monthly close above $0.20 could trigger a breakout toward $0.25. DOGE shows bullish momentum with RSI above 52 and MACD flashing a strong crossover. Price projections for DOGE range from $0.25 to as high as $10 by late 2025, depending on cycle strength.

  • Dogecoin analysts say a monthly close above $0.20 could trigger a breakout toward $0.25.
  • DOGE shows bullish momentum with RSI above 52 and MACD flashing a strong crossover.
  • Price projections for DOGE range from $0.25 to as high as $10 by late 2025, depending on cycle strength.

Dogecoin (DOGE) is showing fresh signs of strength on both short- and long-term charts, with analysts signaling that the meme coin may be preparing for its next major breakout. 

While DOGE still sits around $0.18–$0.19, still well below its 2021 peak of $0.74, but momentum is building across technical indicators and macro-pattern setups. Multiple well-known chart watchers have now outlined key levels to watch — with targets ranging from $0.25 in the short term to as high as $10 by 2025 if broader cycle conditions hold

Ali Martinez Flags $0.20 Monthly Close as Breakout Trigger

On-chain analyst Ali Martinez shared a DOGE monthly chart showing a major breakout attempt. According to Martinez, a monthly close above $0.20 would confirm a trend reversal and signal the start of a bullish cycle. 

If this resistance is broken, “DOGE may aim for $0.74 and beyond,” he posted on social media platform X.

Breakout Retest Pattern Shows Momentum, Says Trader Tardigrade

Echoing the bullish sentiment, popular trader “Trader Tardigrade” sees a classic breakout-retouch-continuation setup on DOGE’s daily chart. The chart clearly shows DOGE breaking above a key resistance line, retesting it as support, and starting a fresh leg upward – a classic technical pattern. 

Tardigrade is calling for a short-term target of $0.25 and a longer-term projection of $2.80, saying the current setup is similar to previous pre-rally formations seen in earlier Dogecoin cycles.

Related: Beyond the Bark: Charting Dogecoin’s Path Through Support Resistance

DOGE Within 10-Year Channel: Eyes $10 to $15 by Late 2025

A third analyst, Potts, is watching Dogecoin’s movement inside a 10-year ascending price channel. His key condition: DOGE must close above $0.20 on the monthly timeframe to avoid a false breakout. 

Dogecoin Breakout Watch: Chartists Say $0.20 Close Could Trigger Rally to $0.25 image 0 Dogecoin Breakout Watch: Chartists Say $0.20 Close Could Trigger Rally to $0.25 image 1 Source: X

In his recent analysis , Potts noted that during the 2021 rally, DOGEfailed to reach the top of the channel – implying that the final blow-off top for this cycle may be delayed rather than denied. 

“We could be looking at a cycle top sometime in late 2025, with DOGE reaching as high as $10–$15 if momentum continues.” 

Technical Indicators Suggest Strength, With Some Caution

Meanwhile, Dogecoin’s RSI (Relative Strength Index) on the daily timeframe is above 52, indicating increasing strength without being overbought. 

Dogecoin Breakout Watch: Chartists Say $0.20 Close Could Trigger Rally to $0.25 image 2 Dogecoin Breakout Watch: Chartists Say $0.20 Close Could Trigger Rally to $0.25 image 3 Source: TradingView

Related: Memecoins and AI Tokens Control 62.8% of 2025 Crypto Market Attention — Here’s Why

The MACD also flashed a bullish crossover earlier this month, signaling growing momentum in favor of buyers. The histogram remains bullish but the intensity of the bars is declining, suggesting rising selling pressure.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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