Key Insights:
- According to Javon, Dogecoin price is setting up for another major cycle move, similar to previous bull markets.
- Insights from Polymarket indicate the odds of DOGE ETF approval before the end of 2025 increased to 94%.
- On the multi-year chart, DOGE price is now aligning with a logarithmic uptrend.
A new prediction on X suggests that the Dogecoin price could rally by 860% to $2.28. The buzz comes as anticipation builds around the Rex-Osprey DOGE ETF launch, which has already boosted market sentiment for the largest meme coin.
In the past 24 hours, Dogecoin has climbed 7% to trade at $0.231, while daily trading volumes have surged 123% to $2.6 billion. Over the past week, the coin has also gained more than 10%, bouncing strongly from a recent low of $0.205.
Dogecoin Price Eyes 860% Gains
According to Javon, Dogecoin price is setting up for another major cycle move, much like the ones seen in the past. Historically, Dogecoin has followed a clear pattern of long accumulation periods followed by explosive rallies.
In the first cycle, it gained over 1,600% from its lows, while the second cycle produced even larger returns. Therefore, the current structure suggests that history could be repeating once again.
At the moment, Dogecoin has been consolidating since its 2021 peak. This extended base formation is important because it often acts as a launchpad for the next big move.
Moreover, Fibonacci extensions applied to the current cycle point toward a possible target near $2.28, which represents more than 860% upside from current levels. Although no forecast is ever certain, the rhythm of these past cycles gives strong weight to the bullish scenario.
Furthermore, the price range around $0.15–$0.20 has shown resilience as strong support, adding confidence to the setup.
If Dogecoin can break above the $0.50 level and sustain that move, the path toward new highs becomes much clearer. Consequently, this would confirm the beginning of cycle three’s rally, where a near 10X upside could soon become reality.
Odds of DOGE ETF Approval Hit 94%
According to insights from Polymarket, the odds of DOGE ETF approval before the end of 2025 increased to 94% over the last three days. This sharp rise shows how quickly market sentiment is shifting.
Last week, Rex Osprey suggested that their DOGE ETF could launch soon, which sparked a wave of optimism around the meme coin. Adding to the momentum, Nate Geraci, President of NovaDius Wealth Management, shared his thoughts on X, further fueling the growing excitement.
Future Outlook: DOGE Price Aligns with Long-Term Logarithmic Uptrend
Looking ahead, Dogecoin appears to be positioning itself for a major surge. On the multi-year chart, DOGE price is now aligning with a logarithmic uptrend, which analysts believe could fuel as much as 860% upside during this bull cycle. The pattern indicates that every rally in the past has been stronger than the one that preceded it, suggesting growing momentum.
The chart also highlights how Dogecoin has been moving inside a broadening wedge, with higher highs and higher lows marking steady progress. If this trend continues, experts anticipate the next key target to be around $1.40. That would represent a big leap from current levels, confirming the possibility of another exponential rally past $2.
Of course, markets are unpredictable, but the technical setup gives bulls plenty of reasons to be optimistic.