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HomeCrypto NewsMarketThis Historical Pattern Could Push Dogecoin to $1.60

This Historical Pattern Could Push Dogecoin to $1.60

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A market analyst has identified a historical Dogecoin pattern suggesting a possible 800% price increase to new price heights.

Dogecoin (DOGE) is showing signs of accelerating growth, with technical patterns pointing toward a possible breakout continuation. Notably, a repeating structure observed on the weekly chart suggests that the meme coin may be entering its most aggressive leg yet, with projections indicating a potential target near $1.60 if momentum holds.

Dogecoin Price Repeating Historical Growth Cycles

This commentary came from Bitcoinsensus, a market analytical resource. Specifically, its Dogecoin long-term chart outlines a consistent pattern of expansion followed by consolidation.

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The first major leg in this recurring cycle began in October 2023, when DOGE was trading around $0.06. Over the following months, buying pressure accelerated, driving the token to $0.23 by March 2024.

According to the chart, this surge represented a 300% gain, marking the start of the repeating structure. Importantly, this breakout established a higher base of support near $0.10, where price consolidated after the rally cooled.

Following the consolidation period, the second uptrend started in August 2024, with DOGE price trading close to $0.08–$0.09. The move gained momentum in the months that followed, reaching a peak of $0.48 in December 2024.

Dogecoin 1W Chart Bitcoinsensus
Dogecoin 1W Chart | Bitcoinsensus

This growth represented a 500% rise from its base, confirming the growth pattern identified in the chart. After the peak, the token retraced back toward the $0.18–$0.20 range, but the correction still formed a stronger support floor than before, showing that buyers were holding positions at higher levels.

The most recent leg began in mid-2025, when DOGE rebounded from the $0.18 zone. At press time, the price has surged past $0.25, breaking out of resistance structures seen on shorter timeframes. The chart suggests this cycle could expand into an 800% rally, which would project a potential peak near $1.60.

The pattern shows a consistent trend. Specifically, each corrective phase has been followed by a sharper rally, and each cycle has produced progressively stronger support zones. This suggests that long-term accumulation is taking place alongside price expansion, confirming the bullish trajectory visible in the chart.

Dogecoin Short-Term Charts Show Breakout Confirmation

Meanwhile, shorter timeframes show the broader structural narrative. On the four-hour Dogecoin price chart, we see that DOGE recently broke out of a descending resistance line that had limited recovery attempts throughout September.

The breakout occurred after Dogecoin retested the $0.22 to $0.23 zone, a key area where buying activity consistently re-emerged. Following this retest, DOGE surged to trade around $0.255, signaling a successful breach of the downward trendline.

Notably, the Awesome Oscillator (AO) shifted into positive territory, reflecting strengthening upward momentum after several weeks of bearish pressure. Volumes also expanded as the breakout occurred, pointing to stronger participation from market traders.

Dogecoin NEw1v1v1v1111111
4 hour DOGEUSDT Chart | Source TradingView

Immediate levels now lie at $0.27 and $0.30, which represent earlier rejection zones. Sustained moves above these thresholds would confirm the continuation of the rally and lend further credibility to the long-term target outlined in the weekly chart.

On-chain data reinforces the technical picture by showing a rise in Dogecoin’s role within decentralized finance. According to data from DeFiLlama, the total value locked (TVL) in Dogecoin-based protocols has risen to $22.13 million, an 8.27% increase within the past 24 hours. This marks steady growth in participation and adoption, extending Dogecoin’s influence beyond speculative trading.

The coming sessions will determine whether DOGE can sustain momentum above $0.25 and challenge resistance near $0.30. Should these levels hold, the technical case for continuation toward higher targets will strengthen. 

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.

Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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