{"id":37756,"date":"2025-05-13T09:13:40","date_gmt":"2025-05-13T09:13:40","guid":{"rendered":"https:\/\/coincentral.com\/?p=37756"},"modified":"2025-05-13T09:13:40","modified_gmt":"2025-05-13T09:13:40","slug":"dogecoin-doge-price-traders-eye-180-jump-as-bitcoin-strength-continues","status":"publish","type":"post","link":"https:\/\/coincentral.com\/dogecoin-doge-price-traders-eye-180-jump-as-bitcoin-strength-continues\/","title":{"rendered":"Dogecoin (DOGE) Price: Traders Eye 180% Jump as Bitcoin Strength Continues"},"content":{"rendered":"<h2>TLDR<\/h2>\n<ul>\n<li>Dogecoin has surged 38% in May, its strongest monthly performance this year<\/li>\n<li>Spot-buyer volumes have been dominant since March, indicating strong market demand<\/li>\n<li>Technical analysts predict a potential 180% rally with targets at $0.65 and $1<\/li>\n<li>A bullish MACD crossover signals possible significant gains ahead<\/li>\n<li>One analyst projects Dogecoin could reach $1.05 as early as June 2025, comparing current patterns to 2017 cycle<\/li>\n<\/ul>\n<hr \/>\n<p>Dogecoin has experienced a remarkable price increase in recent weeks, with May delivering the memecoin&#8217;s strongest monthly performance of 2025. The popular cryptocurrency has gained 38% this month, rallying alongside Ethereum in a synchronized upward movement that has caught the attention of traders and analysts.<\/p>\n<p>According to data from CoinGecko, DOGE recorded $4.7 billion in trading volume over a 24-hour period, ranking fifth among top cryptocurrencies when excluding stablecoins.<\/p>\n<figure id=\"attachment_37757\" aria-describedby=\"caption-attachment-37757\" style=\"width: 907px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-37757\" src=\"https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2.png\" alt=\"Dogecoin\nDOGE Price\n\" width=\"907\" height=\"640\" srcset=\"https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2.png 907w, https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2-300x212.png 300w, https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2-119x84.png 119w, https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2-768x542.png 768w, https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2-50x35.png 50w, https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2-150x106.png 150w, https:\/\/coincentral.com\/wp-content\/uploads\/2025\/05\/doge-price-2-450x318.png 450w\" sizes=\"(max-width: 907px) 100vw, 907px\" \/><figcaption id=\"caption-attachment-37757\" class=\"wp-caption-text\"><br \/>Dogecoin<br \/><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\">DOGE Price<\/a><\/figcaption><\/figure>\n<p>On-chain metrics paint a picture of growing momentum. CryptoQuant data shows that DOGE&#8217;s spot taker 90-day cumulative volume delta has been &#8220;taker buyer dominant,&#8221; indicating more aggressive buying than selling.<\/p>\n<p>This pattern was last observed in November 2024, which preceded DOGE&#8217;s breakout rally of 385% to $0.48 in Q4 2024.<\/p>\n<p>The long-term holder net unrealized profit\/loss recently crossed above 0.5 for the first time since March 1, 2025, shifting to &#8220;belief&#8221; sentiment. This metric suggests most long-term holders are in profit, which often leads to reduced selling pressure as investors hold for potentially higher gains.<\/p>\n<p>Together, these metrics point to strong market demand with investors actively accumulating Dogecoin, likely fueling its recent price appreciation.<\/p>\n<h2>Historical Patterns Point to Potential Rally<\/h2>\n<p>Technical analysis from several prominent crypto traders suggests DOGE may be on the verge of another parabolic move.<\/p>\n<p>Anonymous analyst Trader Tardigrade highlighted a bullish outlook for the DOGE\/BTC trading pair, noting similarities to a previous pattern when DOGE surged 30,000% from $0.0024 to $0.739.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> \/ <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> signals a bullish pattern that led <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> to spike 30,000% in the past cycle. The same chart pattern has developed \ud83d\udd25<\/p>\n<p>What to expect:<br \/>1. Surge in <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> (causing a sudden drop in <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> \/ <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>)<br \/>2. <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> remains sideways<br \/>3. Huge surge in <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> for several weeks \ud83d\ude80 <a href=\"https:\/\/t.co\/C3WAIS5i9J\">pic.twitter.com\/C3WAIS5i9J<\/a><\/p>\n<p>&mdash; Trader Tardigrade (@TATrader_Alan) <a href=\"https:\/\/twitter.com\/TATrader_Alan\/status\/1921928109835862431?ref_src=twsrc%5Etfw\">May 12, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trader Tardigrade also pointed out that Dogecoin has exhibited a weekly MACD bullish crossover for the third time since 2024. Past instances of this signal were followed by dramatic price increases \u2013 jumping 180% between January and March 2024, and 385% between September and December 2024.<\/p>\n<p>Crypto trader Javon Marks set an immediate target of $0.65 <a href=\"https:\/\/coincentral.com\/dogecoin-doge-casinos\/\">for Dogecoin,<\/a> which would mark its highest price since May 2021. &#8220;DOGE now showing major strength after setting higher lows! $0.6533 can be coming in another nearly +180% upside and prices could even break above, bringing $1+ into play,&#8221; Marks stated.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> (Dogecoin) now showing MAJOR STRENGTH after setting Higher Lows!<\/p>\n<p>$0.6533 can be coming in another nearly +180% upside and prices could even break above, bringing $1+ into play&#8230; <a href=\"https:\/\/t.co\/7Jt82s0jLy\">https:\/\/t.co\/7Jt82s0jLy<\/a> <a href=\"https:\/\/t.co\/vbCjIxzlzR\">pic.twitter.com\/vbCjIxzlzR<\/a><\/p>\n<p>&mdash; JAVON\u26a1\ufe0fMARKS (@JavonTM1) <a href=\"https:\/\/twitter.com\/JavonTM1\/status\/1921167932547014693?ref_src=twsrc%5Etfw\">May 10, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The correlation between Dogecoin and Bitcoin remains strong at approximately 0.67 over the past three months, according to Macroaxis data. This relationship suggests that Bitcoin&#8217;s movements will continue to influence DOGE&#8217;s price trajectory.<\/p>\n<h2>June Price Target of $1.05<\/h2>\n<p>Crypto analyst Master Kenobi has made an even more bullish prediction, suggesting Dogecoin could reach $1.05 as early as June 2025.<\/p>\n<p>Kenobi&#8217;s analysis draws parallels between current price action and the 2017 cycle, but with an accelerated timeline. He notes that the 2017 pattern showed a 220% gain over 70 days, followed by an 850% breakout to a new all-time high.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udca1  If we adapt the 2017 DOGE second pump model to the current pace of events, we could infer that DOGE might reach $1.05 by early June.<\/p>\n<p>To estimate this, we consider the period before the second leg-up in 2017, which lasted 70 days. The current cycle appears to be moving at\u2026 <a href=\"https:\/\/t.co\/s4MwfR0S9O\">pic.twitter.com\/s4MwfR0S9O<\/a><\/p>\n<p>&mdash; Master Kenobi (@btc_MasterPlan) <a href=\"https:\/\/twitter.com\/btc_MasterPlan\/status\/1921296686002929688?ref_src=twsrc%5Etfw\">May 10, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The current structure shows a similar pattern but at twice the speed, with the initial phase compressed to 35 days and the expected bullish breakout phase projected to last just 22 days.<\/p>\n<p>At the time of writing, Dogecoin is trading at $0.244, up 6% in the past 24 hours. To reach the projected $1.05 target, DOGE would need to maintain and intensify its current momentum.<\/p>\n<p>Kenobi suggests this prediction fits within a broader expected upward move for many altcoins toward late May and early June, with Dogecoin potentially leading the charge as one of the market&#8217;s most popular altcoins.<\/p>\n<p>As Bitcoin continues to approach new all-time highs, all eyes remain on Dogecoin to see if these bullish predictions will materialize in the coming weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR Dogecoin has surged 38% in May, its strongest monthly performance this year Spot-buyer volumes have been dominant since March, indicating strong market demand Technical analysts predict a potential 180% rally with targets at $0.65 and $1 A bullish MACD crossover signals possible significant gains ahead One analyst projects Dogecoin could reach $1.05 as early<\/p>\n","protected":false},"author":9001,"featured_media":28036,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"iawp_total_views":32,"footnotes":""},"categories":[28150,28164],"tags":[],"class_list":{"0":"post-37756","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-memes"},"wppr_data":{"cwp_meta_box_check":"No"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - 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