Dogecoin Price Forecast: Expansion Phase May Be Near
- Dogecoin is showing signs of a potential bullish expansion, according to a recent analysis by Mags. The trader noted that the meme coin’s price structure suggests a strong rebound could soon take shape after months of accumulation near the $0.19 area.
- Dogecoin (DOGE) has been trading within an upward-sloping structure throughout 2025, with a clear ascending trendline acting as dynamic support. The chart shared by @thescalpingpro highlights a recent bounce from this support zone, signaling renewed buyer activity at approximately $0.19–$0.20 — levels that have repeatedly attracted accumulation since mid-year.
- According to the trader’s analysis, this move may mark the beginning of an “expansion phase,” represented by the green projection zone on the chart. In technical terms, the setup indicates that Dogecoin could be preparing for a potential rally toward the $0.35–$0.42 range, provided that the support line holds and market sentiment remains favorable.
- The overall structure shows a pattern of higher lows forming over several months, a classic early signal of a bullish reversal. However, the chart also underscores risk: a confirmed drop below the rising trendline could expose DOGE to a deeper pullback toward the $0.15 region, which served as a key base earlier in 2025.
- Beyond technicals, broader crypto market strength could play a decisive role. With Bitcoin holding above $70,000 and liquidity flowing back into altcoins, investors are increasingly optimistic about a potential recovery across major assets — and DOGE may be among the key beneficiaries if momentum continues.
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