How High Can Dogecoin Price Go If It Maintains This Breakout?
Dogecoin is still trading below $0.10, but there’s still the question of just how far it can go if it plays out a breakout structure. A price target of $0.6533 is on the table for Dogecoin, a...
Source: NewsBTC
Dogecoin is still trading below $0.10, but there’s still the question of just how far it can go if it plays out a breakout structure. A price target of $0.6533 is on the table for Dogecoin, and if that level breaks, analyst Javon Marks says $1.25111 comes into play next, which would mark an all-time high for the meme coin. Long-Term Breakout Still Keeping The Bullish Structure Alive The main feature on Marks’ chart is a multi-year breakout from a descending resistance line that had stopped Dogecoin’s price advances since its previous top in 2021. That trendline, which is drawn from the May 2021 peak through later lower highs, acted as a resistance for a long period before price finally broke through in early 2025 and began forming a new structure. Related Reading: XRP Still In Danger Zone Without This Key Breakout: Analyst The technical chart from Marks also references a sequence of higher highs and higher lows after that breakout, which shows the current trend dominated by