A notable analyst has predicted Dogecoin price for 2025 in a market scenario where Ethereum claims an ambitious five-digit price target.
Notably, the cryptocurrency market has witnessed multiple bold predictions for 2025, and this is one of the latest. These come as the ongoing bull run, which started in late 2023, shows no signs of stopping.
Dogecoin Price if Ethereum Hits $12,500 in 2025
Market analysts have shared optimistic forecasts for various assets, with Ethereum and Dogecoin featuring prominently. According to projections from market watcher Professor Astrones, Ethereum has the potential to surge to $12,500 and DOGE could rise to $5 in 2025.
The predictions come amid a recent market pullback, where Bitcoin fell from an all-time high of $108,000 to below $95,000. Despite this collapse, analysts remain confident in Dogecoin’s long-term potential. This confidence mainly comes from its historical patterns.
For context, the $5 price prediction for Dogecoin price represents an ambitious 1,462% increase from its current value of $0.32. Meanwhile, Ethereum would only need to rally by 273% from the current price of $3,345 to claim the $12,500 price target.
These predictions are in order, considering Dogecoin’s greater volatility and penchant for higher growth. The meme coin has demonstrated resilience despite recent challenges. As a result, analysts suggest the current dip could mirror historical patterns, where pullbacks preceded massive rallies.
Analysts Remain Bullish on Dogecoin Price Prospects
For instance, Javon Marks, a market watcher, believes the current pullback resembles patterns from previous cycles, predicting a short-term surge of over 122% once the retracement ends. This rally could take Dogecoin past $0.73.
The recent pullback in $DOGE (Dogecoin) looks to have been something prices have encountered before last cycle, JUST BEFORE A PUSH TO AND BEYOND ALL-TIME HIGHS!
Looking to be similar positioning we can prepare for another >122% (>2.22X), at the minimum, to and beyond $0.73905… pic.twitter.com/xTXSz4Gepy
— JAVON⚡️MARKS (@JavonTM1) December 21, 2024
Meanwhile, The Krypto King noted that Dogecoin has held its support levels and shown strength against Bitcoin. Once Bitcoin reverses its downtrend, he believes Dogecoin could experience a 140% rally, pushing its price above $0.8.
In addition, Trader Tardigrade recently highlighted another bullish signal, as he confirmed Dogecoin price position within the Gaussian Channel.
#Dogecoin has entered the Gaussian Channel on the daily chart 🔥$Doge halted its downtrend at the mid-band of the channel, highlighting the supportive nature of the Gaussian Channel.$Doge will go back to the sky 🚀 pic.twitter.com/3BTgfJCXRf
— Trader Tardigrade (@TATrader_Alan) December 20, 2024
According to the market commentator, DOGE has found support at the mid-band of this channel, around $0.31 to $0.32, indicating a potential reversal. Notably, the bulls would have to defend this level to hedge against steeper declines to lower lows.
Broader Market Projections for 2025
Beyond Ethereum and Dogecoin, Professor Astrones also made ambitious price targets for other assets in 2025. He predicts that Solana could see an explosive 981% increase, reaching $2,000 from its current price of $185.
Further, the analyst projects XRP to hit $10, a 352% jump from $2.21, its present price. Meanwhile, VeChain (VET) might surge to $1, representing a remarkable 2,027% rise from $0.047.
Other notable predictions include Injective Protocol (INJ) reaching $250, Arbitrum (ARB) climbing to $30, and Fetch.ai (FET) hitting $20. Floki (FLOKI), another dog-themed meme coin, could also experience a notable rise, claiming the $0.005 region.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
