Dogecoin (DOGE) Price Prediction: Analysts Expect Dogecoin to Challenge $0.36 in Coming Weeks Following Meme Coin Comeback

Dogecoin is making headlines once again as the original meme coin gains bullish traction across the crypto market.

After weeks of consolidation, Dogecoin (DOGE) has broken through key resistance levels, reigniting optimism among traders and analysts. With trading volume surging and broader meme coin sentiment improving, many experts now forecast a potential move toward $0.36.

Dogecoin Gains Momentum Amid Broader Meme Coin Resurgence

Dogecoin (DOGE), the original meme cryptocurrency, is showing renewed strength after breaking past key technical levels, sparking bullish sentiment among analysts and traders alike. With volumes surging and technical charts flashing green, many experts now expect Dogecoin to challenge the $0.36 mark in the coming weeks, signaling a potential continuation of the meme coin rally.

Dogecoin (DOGE) was trading at around $0.24, up 7.38% in the last 24 hours at press time. Source: Brave New Coin

At the time of writing, the dogecoin price is hovering around $0.24, up nearly 14% in the last 24 hours. This uptrend comes as DOGE’s 30-day gains top 40%, making it one of the standout performers in the meme coin category. The broader meme coin sector has seen a 41% increase over the past month, and as the leading token in this segment, Dogecoin’s price action often sets the tone.

Analysts Target $0.36 as Next Major Resistance

Crypto analyst MMBTtrader believes the Dogecoin price could rally to $0.4 if it breaks above an ascending channel near $0.243. In a recent TradingView update, the analyst stated, “With good volume, the market will pump nonstop,” forecasting a potential 60% rally. He further noted that if DOGE reaches the $0.4 level, targets like $0.75 and even the elusive $1 could come into view, setting the stage for possible all-time highs.

Dogecoin is expected to revisit the $0.28–$0.30 range soon, as long as Bitcoin maintains its strength. Source: Kevin via X

Another market observer, Kevin Capital, emphasized on social platform X that “it’s only a matter of time” before Dogecoin pushes toward the $0.28–$0.30 range, contingent on Bitcoin maintaining its current strength.

Technical patterns support these projections. Trader Tardigrade pointed to a bullish Cup-and-Handle breakout in the DOGE/BTC chart, suggesting Dogecoin may soon outperform Bitcoin. The Relative Strength Index (RSI) still has room to climb, indicating more potential upside.

Fundamentals Fueling the Dogecoin Rally

On the fundamental side, multiple developments are supporting the current bullish dogecoin prediction. One of the most significant drivers is the recent approval of the Genius Act by the U.S. House of Representatives, which brings clarity to the cryptocurrency regulatory landscape. Analysts say the bill could accelerate institutional adoption across the sector.

U.S. House passes major crypto bills, boosting market confidence and adding fuel to Dogecoin’s rally. Source: Christopher Greene via X

Bit Origin, a publicly traded U.S. firm, recently announced plans to allocate $500 million into Dogecoin, becoming the first company to adopt the meme token as part of its treasury strategy. The move includes a $400 million stock offering and $100 million in convertible debt.

This news, coupled with expectations for the potential approval of Dogecoin ETFs, has added momentum. Bloomberg analysts James Seyffart and Eric Balchunas estimate a 90% chance that the SEC will approve such funds this year, further legitimizing DOGE in the eyes of traditional investors.

Volume and Breakouts Point Toward Bullish Continuation

Recent data from CoinMarketCap indicates that trading volumes for DOGE nearly doubled, now accounting for 19% of its circulating market cap. The price also cleared the psychological $0.20 level, a critical resistance that has now turned into support.

Dogecoin’s been consolidating for a while — but if it holds above $0.22, a quick run to $0.40 could be on the cards. Source: bulltradingtips on TradingView

Technical analysts believe the next challenge lies around $0.255 to $0.293. If Dogecoin price breaks through this resistance range, the path toward $0.36 becomes clearer. Analyst Ali, citing on-chain UTXO data from Glassnode, noted that large clusters of historical buy volume thin out above $0.20, reducing potential selling pressure as the price climbs.

Additionally, ZAYK Charts identified a breakout above Dogecoin’s 400-day descending trendline, pointing to a possible 81% gain with a target near $0.43. This aligns with short-term bullish projections that show DOGE entering a higher trading range if $0.22 is held as support.

Will Dogecoin Reach $1?

While the majority is optimistic, questions like “Will Dogecoin be at $1?” or “Will Dogecoin touch $1000?” are strictly speculative. Analysts point out that it will take some serious momentum, strong catalysts, and possibly another bout of retail sentiment—particularly from participants like Elon Musk, who has been a firm believer in Dogecoin.

Dogecoin rebounds from key support, eyeing a bullish breakout with targets at $0.80 and $1.25 in this cycle’s final rally. Source: TradingShot on TradingView

As meme token mania begins to gather steam again and institutional sentiment rises, the outlook for DOGE gets increasingly positive. But as with all cryptocurrencies, volatility is the rule. Traders need to search diligently for confirmation of breakouts, volume plays, and macro market signs.

Final Thoughts

Current Dogecoin price prediction is bullish, with the analysts looking to target $0.36 in the short term and expecting even greater returns if technical and macro fundamentals align. Dogecoin’s strong support base, meme credentials, and improving fundamentals hint at its comeback, potentially only just gaining momentum.

Whether or not it reaches the $1 milestone in 2025 remains to be seen, but one thing is for sure—Dogecoin is once more leading the meme coin charge.