Doge Megabull targets $2-3 by November 2025 - Up to 3,000% gains

Hi everyone!

Today, lets dive in the technicals and boom and bust cycles of Dogecoin:

Short-term:
Doge will likely for the rest of the 2024 year remain in sideways and bound in the wide range delimited with the:
Support block (green box) at: 0.056-0.036; and,
Top resistance block (red box) at: 0.11-0.16c.

In the incoming days / weeks, I am expecting doge to rally (a bit similar to the blue fractal as reference) towards the top resistance block (red box) at 0.11-0.16c which would be a great opportunity to take a little profit off the table there. There is a chance that doge retraces down from that resistance block to the 0.07c support block again which would be a great rebuy in 2024. I do not anticipate lower target unless there is a black swan even, but I do not expect any currently.


Midterm:
There are clear patterns that repeat across Crypto on altcoins which I always point to for those familiar with my charting and in this case doge is clearly displaying those bottoming bull reversal patterns although still unconfirmed:
(1) Basing with a double bottom at 0.056-0.036c
(2) Rounding bottom (half blue circle)


Long-term:
Dogecoin has still not broken the top resistance block (red box) at 0.11-0.16c and is still very far from breaking the previous ATH at 0.74c~.

So buying know at 0.088c (see the WE ARE HERE arrow) is still considered an extremely cheap entry and you could still make a whopping 3,000% in gains if my 2025 forecast plays out as expected and we see Dogecoin top at either T1: $2 or at T2: $3 by October 2025 through December 2025.

Looking further ahead at the next bear market of 2026-2027 and based on the repetitive boom and bust cycles of doge and crypto, we could expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at 0.61-044c!


Closing Notes:
This multiyear Dogecoin chart is my attempt at forecasting the action of doge for the next 4 years and will be updated regularly.

Please give a like and follow to this chart if you appreciate this chart and the work put behind it.

Best of luck and happy trading!
Carl M.

Trade active:

For those who want to see more details, here is a 4K screenshot of the Weekly Dogecoin chart which I could not publish properly on Tradingview as the candles were too cramed.

Comment:

Note this idea had to be republished on Tradingview as the previous publication violated a house rule..

Comment:

Dogecoin has seen strong bullish action above the red resistance block 0.11-0.16c and will very likely be closing this Sunday's Weekly close above it.

I expect to see Dogecoin to at least double and run towards the ATH in the incoming days earlier than expected compared to the previous cycle.