 
 
Dogecoin, the most valued memecoin by market capitalization, is well on its way to hitting a new all-time high, according to an analysis laid out by one market expert.
The memecoin, like many other altcoins in the market, appears to be shedding off losses sustained in the previous week, although the market remains in a volatile state.
Despite DOGE’s current performance, one market analyst is optimistic about the future and has outlined a bullish pattern that has positioned the memecoin for a rise to new highs.
According to GalaxyBTC, a cryptocurrency analyst known for interpreting technical charts, Dogecoin is primed to hit $2.5 in price value—a never-before-seen price mark.
The analyst took to X, formerly Twitter, to share his outlook with his 111,000 followers, by first revealing that DOGE has mimicked a pattern last recorded between 2015 and 2017. In the technical chart pattern dating back to the period above, the asset recorded a swift price jump, going from $0.00008 to $0.00039.
 
In a similar manner, the asset mirrored this pattern, going from 2023 to 2025, with prices jumping from $0.01852 to $0.23294.
According to the chart displayed, a repeat of the trend pattern could set the stage for the following attainable price points, with $0.50 as a lower end price point, and $2.50 as a higher end price point.
Hinting that a bullish outpouring is underway, the analyst made a cryptic comment suggesting that things could heat up quickly for DOGE. “The dog definitely has legs, and it will show sooner or later.” The analyst wrote.
During the time of this report, DOGE was trading at $0.19, with hourly losses going above 3.15%, although gains from the past 7 days remain above 19% at this time.
Source: https://zycrypto.com/dogecoin-bulls-prepare-to-test-the-2-5-mark-after-successfully-maintaining-upward-trajectory/