Dogecoin Price Prediction: Hidden Chart Pattern Points to 1,000% Surge to $2 – Most Traders Missing What’s Coming

5 hours ago by · 4 mins read

Amid the ongoing market uncertainty, Dogecoin’s monthly chart continues to reveal a larger technical picture that few traders seem to recognize.

In the past 24 hours, DOGE is up almost 3% despite a 36% decline in trading volume, as per CoinMarketcap data.

According to analysts, the meme coin’s long-term structure still completes the handle of a massive cup-and-handle formation, a bullish continuation pattern that has been developing since 2021 and potentially targets $2 in the coming years.

The Cup-and-Handle Pattern Still Intact

Dogecoin’s higher-timeframe setup is structurally sound with the monthly candle showing that DOGE retraced as far as the 0.382 logarithmic Fibonacci level before rebounding to hold above the 0.618 level near $0.20.

This area has become the key support, maintaining the bullish symmetry of the cup-and-handle pattern.

The cup phase stretched from Dogecoin’s 2021 highs near $0.73 through the multi-year base that bottomed in 2022, followed by a rebound through 2023 and 2024 that completed the rounded base.

The handle formation has since been consolidating between $0.15 and $0.30. If the pattern holds, the breakout projection based on Fibonacci extensions points to $0.90, $1.25, and $1.99.

It is important to note that a confirmed breakout through $0.48, the cup’s neckline, would formally activate this pattern.

DOGE Price Analysis: Indicators Scream Bullish

The indicators on the monthly timeframe show that the RSI currently stands near 52.5, indicating that while momentum remains balanced, there is still room for a strong upside push if volume returns.

Meanwhile, the MACD histogram is contracting toward a potential bullish crossover, which could mark the early stages of trend reversal.

Past crossovers on the monthly chart have historically preceded multi-month rallies in Dogecoin.

Source: TradingView

The bullish scenario depends on Dogecoin holding above the $0.20–$0.18 support range. Sustained closes above $0.30 could signal renewed strength and re-expose $0.48 as the next resistance.

Beyond that level, a breakout could drive DOGE toward the $0.90–$1.25 range and potentially the $2 zone, representing a surge of nearly 900% from current levels.

However, failing to hold $0.15 could delay or invalidate the pattern. The next major support sits around $0.11, corresponding to the 0.382 Fibonacci level.

A monthly close zone, this threshold would compromise the handle symmetry and open the path for deeper consolidation before any further rally attempt.

What Most Traders Are Missing

While short-term traders fixate on daily fluctuations, the broader structure paints a very different story.

Dogecoin’s long-term consolidation mirrors previous accumulation phases that preceded its explosive rallies in 2017 and 2021.

DOGE Eyes Generational Rally as $SNORT Presale Takes Off

With Dogecoin preparing for a possible rally to $2, Snorter Bot ($SNORT) is standing out from the usual meme coin crowd by offering something that most lack: real utility.

At its core, Snorter is a trading assistant that helps users buy, sell, and manage tokens faster, safer, and smarter.

It mixes humor with function, allowing traders to “sniff out” the best opportunities across the fast-moving crypto market.

Originally built for the Solana ecosystem, Snorter Bot gives users a fast and intuitive interface for trading, tracking, and managing portfolios directly in Telegram.

You can swap tokens, join new launches, and stay protected from scams, all from one place.

For experienced traders, Snorter Bot also includes advanced tools like limit orders, scheduled buys, and automated strategies that rival platforms such as Dextools and Raydium.

The project has already raised $4.7 million in its ongoing presale with 5 days until the next price increase.

Early buyers of the $SNORT token will have access to a massive 108% in staking rewards.

To buy, visit the official Snorter Bot website and connect a supported wallet, such as Best Wallet.

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