{"id":480,"date":"2025-03-19T13:39:43","date_gmt":"2025-03-19T13:39:43","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=480"},"modified":"2025-03-19T13:39:45","modified_gmt":"2025-03-19T13:39:45","slug":"dogecoin-set-to-explode-like-in-2017-is-1-dollars-next-target","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/dogecoin-set-to-explode-like-in-2017-is-1-dollars-next-target\/","title":{"rendered":"Dogecoin Set to Explode Like in 2017 : Is $1 the Next Target ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"is-dogecoin-a-remake-of-the-2017-bull-run\">Is Dogecoin a Remake of the 2017 Bull Run ?<\/h2>\n\n\n\n<p>Since the beginning of 2023, <strong>Dogecoin<\/strong> has experienced highs and lows, swinging between euphoria and disillusionment. However, some analysts suggest that DOGE&#8217;s current trajectory could mimic that seen during the famous <strong><a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto-bullrun\/\">bull run<\/a> of 2017<\/strong>, hinting at a potential new peak of $1.1.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udca1  WHEN DOGE? <br><br>The current pattern on the DOGE chart rhymes very well with the 2017 pattern. The bull market back then consisted of two roughly equal pumps, both in terms of value and duration. I\u2019ve marked them on the chart on the left with two yellow, equal, and parallel lines\u2026 <a href=\"https:\/\/t.co\/Qra9wDan1o\">pic.twitter.com\/Qra9wDan1o<\/a><\/p>&mdash; Master Kenobi (@btc_MasterPlan) <a href=\"https:\/\/twitter.com\/btc_MasterPlan\/status\/1901435179933061421?ref_src=twsrc%5Etfw\">March 17, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to the well-known crypto analyst Master Kenobi, the current Dogecoin price pattern is in line with the 2017 bullish frenzy. Back then, the memecoin experienced two roughly equivalent phases of increase in terms of duration and value. After an initial pump phase, DOGE then underwent a period of <strong>consolidation before recording a parabolic rally<\/strong> peaking at record levels.<\/p>\n\n\n\n<p><em>&#8220;Based on the similarities between the 2017 bull run and the current cycle, Dogecoin could well experience the second phase of its bull run, just like in 2017,&#8221;<\/em> stated Master Kenobi in a post on X. He predicts that DOGE could reach the long-awaited limit of <strong>$1<\/strong> as early as the first week of June.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"technical-signals-and-key-levels\"><strong>Technical Signals and Key Levels<\/strong><\/h2>\n\n\n\n<p>Aside from the parallel with 2017, other crypto analysts also see positive technical signs for Dogecoin in the short term. Crypto trader Lycus, for example, believes that DOGE has bottomed out and a <strong>bullish reversal is imminent.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> is showing a bottoming formation after a sharp correction from $0.50, followed by a steep decline to the current support zone around $0.17.<br><br>This is a crucial level for <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a>, as it has previously acted as a consolidation area before the last breakout. If DOGE rebounds from\u2026 <a href=\"https:\/\/t.co\/Irwed3ldw3\">pic.twitter.com\/Irwed3ldw3<\/a><\/p>&mdash; LaCryptoLycus\ud83d\udc3a (@CryptoLycus) <a href=\"https:\/\/twitter.com\/CryptoLycus\/status\/1901654501268054510?ref_src=twsrc%5Etfw\">March 17, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to him, Dogecoin is showing a support formation after a sharp correction from <strong>$0.50<\/strong>, followed by a sharp decline to the current support zone around <strong>$0.17<\/strong>. This <strong>$0.17<\/strong> level is crucial, having already served as a consolidation zone before the last breakthrough.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If DOGE bounces from this zone, its price could rise towards <strong>$0.25 and $0.35<\/strong>&#8220;<\/em>, indicated Crypto Lycus. However, he warns that a break below this support could lead to further decline towards <strong>$0.10<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<p>On the other hand, analyst Trader Tardigrade has also noted that Dogecoin is currently building momentum to initiate a bullish trend reversal. His weekly chart indeed shows a doji, a signal often heralding a <strong>change in trend,<\/strong> as was the case at the start of the last rally.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"676\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/03\/DOGEUSDT_2025-03-19_08-46-42-1024x676-1.jpg\" alt=\"DOGEcoin price in 1D\" class=\"wp-image-482\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/03\/DOGEUSDT_2025-03-19_08-46-42-1024x676-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/03\/DOGEUSDT_2025-03-19_08-46-42-1024x676-1-300x198.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/03\/DOGEUSDT_2025-03-19_08-46-42-1024x676-1-768x507.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>Whether in June 2023 or August 2024, DOGE had rebounded from the lower end of its Mean Reversion Channel, before <strong>heading towards new highs.<\/strong> The chart shows that DOGE has touched this critical zone. So, can it repeat history?<\/p>\n\n\n\n<p>DOGE will need to break the <strong>24-cent resistance<\/strong> to stabilize in a new uptrend. A price that also corresponds to its 200-day moving average. This is the crucial resistance to watch.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/bonus.bitget.com\/SEO\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy DOGE on Bitget and Get a Bonus !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/hbar-price-crash-investors-bet-hedera-altcoin\/\">HBAR Price Crashes as Investors Aggressively Bet Against Hedera\u2019s Altcoin<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/stellar-xlm-critical-bearish-signal-price-forecast\/\">Stellar (XLM) Faces Critical Bearish Signal : Will It Break Down ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/mubarak-next-memecoin-or-hype\/\">Mubarak Memecoin : A New Phenomenon or Just Another Hype?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analysts unanimously agree: Dogecoin (DOGE) appears to be following a bullish pattern similar to that of 2017, hinting at a potential new epic rally for the original meme coin. What does this mean for the future of DOGE?<\/p>\n","protected":false},"author":32,"featured_media":478,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"dogecoin","_yoast_wpseo_title":"Is Dogecoin Ready to Skyrocket to $1 like in 2017 ?","_yoast_wpseo_metadesc":"Dogecoin could surge like in 2017, can it hit $1 this time ? Explore key insights, price predictions, and technical analysis now.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is Dogecoin Ready to Skyrocket to $1 like in 2017 ?<\/title>\n<meta name=\"description\" content=\"Dogecoin could surge like in 2017, can it hit $1 this time ? 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