Crypto Analyst crispax has drawn the community’s attention to a bullish pattern that has formed for the Dogecoin price. In line with this, the analyst predicted that Dogecoin could soon register a double-digit price increase.
Dogecoin price sees double-digit growth
in one X postCrispax predicts that the price of Dogecoin may soon enjoy double-digit growth. This came after he revealed that Dogecoin had broken for 2-weeks The shrinking gap. He added that after a retracement, DOGE could enjoy a bullish reversal as it bounces back above $0.40.
This $0.40 price level is important because Dogecoin price formed significant support around this range when it recorded The first stage Its bull run. Thus, a rally above $0.40 could pave the way for the leading meme coin to begin the next phase of its bull run. A run to its current all-time high (ATH) of $0.74 could be on the cards for Dogecoin, and then a rally to the much-anticipated $1 level.
In another X post, crispax Provided further optimism that Dogecoin’s price is poised for a swift reversal. He said Dogecoin completed a retest of an upward-sloping resistance line as support and is already 6% higher in 2025. A sustained high is expected, he added. The accompanying chart shows a rally as low as $2 on the cards.
Crypto whales also expect a rebound for the price of Dogecoin. Dogecoin has recorded a 41% increase, Bitcoinist reported Big deal$23.35 billion was traded in 24 hours. This increase suggests a cumulative trend among these DOGE whales. This is also bullish for major meme coins, as these investors can contribute to the price recovery.
A big pump could happen this week
Crypto Analyst Master Kenobi has predicted that the price of Dogecoin may witness a major pump this week. He noted that nothing represented the big pump on DOGE a cycle ago, which occurred 258 days after Bitcoin’s halving. The crypto analyst predicts that DOGE should reach at least $1.2 this week if history repeats itself.
He added that Dogecoin’s price could even reach $3.4 in an “overly optimistic” scenario. Crypto Analyst Dima James also provided a bullish outlook for Dogecoin recently. He predicted that the most prominent meme coin could cross the $11 mark before the end of this year. Based on historical trends, analysts have also raised the possibility of Meem Coin rising to $23 or $36.
At the time of writing, the Dogecoin price is trading at around $0.34, up more than 3% in the last 24 hours, according to data From CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
