{"id":663477,"date":"2024-12-17T12:00:13","date_gmt":"2024-12-17T12:00:13","guid":{"rendered":"https:\/\/wncen.com\/?p=663477"},"modified":"2024-12-18T10:05:44","modified_gmt":"2024-12-18T10:05:44","slug":"dogecoin-rally-ahead-85-growth-expected-by-2025-analyst","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-rally-ahead-85-growth-expected-by-2025-analyst\/","title":{"rendered":"Dogecoin Rally Ahead? 85% Growth Expected by 2025 \u2014Analyst"},"content":{"rendered":"

Dogecoin (DOGE) is expected to experience an 85% price increase, which could potentially elevate its value to approximately $0.75 by early 2025, according to analysts. Following a significant yearly peak of $0.47 last month, the cryptocurrency is currently trading in the $0.40 range.<\/p>\n

Related Reading: The $589 XRP Dream: Believers Aren\u2019t \u2018Delusional\u2019 Enough, Expert Says<\/a><\/div>\n

This forecast is being issued at this time. Significant whale activity and bullish market sentiment have contributed to the enthusiasm surrounding Dogecoin<\/a>, particularly in the wake of recent political events, such as Donald Trump’s re-election.<\/p>\n

Dogecoin: Present Market Conditions<\/h2>\n

There are numerous factors that have contributed to the recent increase in the price of Dogecoin. The investment from large holders, or “whales,”<\/a> has been substantial, with an estimated $160 million worth of DOGE purchased in the past 24 hours. This is particularly noteworthy. This accumulation indicates a high level of confidence in the asset’s future performance.<\/p>\n

\n

Whales bought another 160 million #Dogecoin<\/a> $DOGE<\/a> in the last 24 hours! pic.twitter.com\/FLr6XL3rMi<\/a><\/p>\n

\u2014 Ali (@ali_charts) December 13, 2024<\/a><\/p><\/blockquote>\n

The rush to buy along with the ongoing excitement surrounding Dogecoin has been seen by experts as a possible cause for new highs as 2024 comes to a close.<\/p>\n

\"\"<\/p>\n

Even though there was a 4.30% drop in the last month, a lot of experts believe that this phase of stability will end with a big break. The way prices are moving now is a lot like how they were moving in 2021, when Dogecoin prices went through similar events that made them stable.<\/span>
\n<\/span><\/p>\n

Bullish Outlook Backed By Technical Indicators<\/h2>\n

Based on Fibonacci retracement, Dogecoin could climb 85% from its current price level by January 2025.<\/span> If this comes to fruition, this rally would lift the price of the memecoin<\/a> to around $0.75, putting it within the coveted $1 mark.<\/span><\/p>\n

\"\"
DOGE market cap currently at $58.7 billion. Chart: TradingView.com<\/a><\/figcaption><\/figure>\n

The RSI has recently entered overbought territory. This condition frequently precedes substantial price fluctuations, whether upward or downward; nevertheless, historical evidence indicates that such signals have resulted in favorable trends for the memecoin.<\/p>\n

Additionally, analysts have underscored the significance of critical resistance levels at $0.50 and its previous all-time high of $0.7376. If DOGE is able to surmount these levels, it may facilitate the attainment of the anticipated target of $0.75.<\/p>\n

Related Reading: 3-Year Peak: Chainlink Rally Fueled By Historic Open Interest Levels<\/a><\/div>\n

Looking Ahead<\/h3>\n

Numerous members of the cryptocurrency community are anticipating the performance of Dogecoin as 2025 approaches. The potential for an 85% rally has sparked discussions regarding the possibility of DOGE eventually reaching the elusive $1 mark, a milestone that many investors have long anticipated.<\/p>\n

Dogecoin continues to be a central topic in discussions regarding the future of cryptocurrencies due to its growing interest from institutional investors and the support of a vibrant community.<\/p>\n

Featured image from DALL-E, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin (DOGE) is expected to experience an 85% price increase, which could potentially elevate its value to approximately $0.75 by early 2025, according to analysts. Following a significant yearly peak of $0.47 last month, the cryptocurrency is currently trading in the $0.40 range. Related Reading: The $589 XRP Dream: Believers Aren\u2019t \u2018Delusional\u2019 Enough, Expert Says This forecast is being issued at this time. Significant whale activity and bullish market sentiment have contributed to the enthusiasm surrounding Dogecoin, particularly in the wake of recent political events, such as Donald Trump’s re-election. Dogecoin: Present Market Conditions There are numerous factors that have contributed to the recent increase in the price of Dogecoin. The investment from large holders, or “whales,” has been substantial, with an estimated $160 million worth of DOGE purchased in the past 24 hours. This is particularly noteworthy. This accumulation indicates a high level of confidence in the asset’s future performance. Whales bought another 160 million #Dogecoin $DOGE in the last 24 hours! pic.twitter.com\/FLr6XL3rMi \u2014 Ali (@ali_charts) December 13, 2024 The rush to buy along with the ongoing excitement surrounding Dogecoin has been seen by experts as a possible cause for new highs as 2024 comes to a close. Even though there was a 4.30% drop in the last month, a lot of experts believe that this phase of stability will end with a big break. The way prices are moving now is a lot like how they were moving in 2021, when Dogecoin prices went through similar events that made them stable. Bullish Outlook Backed By Technical Indicators Based on Fibonacci retracement, Dogecoin could climb 85% from its current price level by January 2025. If this comes to fruition, this rally would lift the price of the memecoin to around $0.75, putting it within the coveted $1 mark. The RSI has recently entered overbought territory. This condition frequently precedes substantial price fluctuations, whether upward or downward; nevertheless, historical evidence indicates that such signals have resulted in favorable trends for the memecoin. Additionally, analysts have underscored the significance of critical resistance levels at $0.50 and its previous all-time high of $0.7376. If DOGE is able to surmount these levels, it may facilitate the attainment of the anticipated target of $0.75. Related Reading: 3-Year Peak: Chainlink Rally Fueled By Historic Open Interest Levels Looking Ahead Numerous members of the cryptocurrency community are anticipating the performance of Dogecoin as 2025 approaches. The potential for an 85% rally has sparked discussions regarding the possibility of DOGE eventually reaching the elusive $1 mark, a milestone that many investors have long anticipated. Dogecoin continues to be a central topic in discussions regarding the future of cryptocurrencies due to its growing interest from institutional investors and the support of a vibrant community. Featured image from DALL-E, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":663498,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[142,428,6664,1785,7,85699],"class_list":["post-663477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-altcoins","tag-bitcoin","tag-crypto","tag-doge","tag-dogecoin","tag-memecoin"],"acf":[],"yoast_head":"\nDogecoin Rally Ahead? 85% Growth Expected by 2025 \u2014Analyst<\/title>\n<meta name=\"description\" content=\"Dogecoin (DOGE) is expected to experience an 85% price increase, which could potentially elevate its value to approximately $0.75 by early 2025, according\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-rally-ahead-85-growth-expected-by-2025-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Rally Ahead? 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Rally Ahead? 85% Growth Expected by 2025 \u2014Analyst","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-rally-ahead-85-growth-expected-by-2025-analyst\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-rally-ahead-85-growth-expected-by-2025-analyst\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_1cbd5d.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_1cbd5d.png?fit=816%2C716"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","bitcoin","crypto","doge","dogecoin","memecoin"],"dateCreated":"2024-12-17T12:00:13Z","datePublished":"2024-12-17T12:00:13Z","dateModified":"2024-12-18T10:05:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Rally Ahead? 85% Growth Expected by 2025 \\u2014Analyst\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-rally-ahead-85-growth-expected-by-2025-analyst\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-rally-ahead-85-growth-expected-by-2025-analyst\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/a_1cbd5d.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/a_1cbd5d.png?fit=816%2C716\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"bitcoin\",\"crypto\",\"doge\",\"dogecoin\",\"memecoin\"],\"dateCreated\":\"2024-12-17T12:00:13Z\",\"datePublished\":\"2024-12-17T12:00:13Z\",\"dateModified\":\"2024-12-18T10:05:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_1cbd5d.png?fit=816%2C716","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/663477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=663477"}],"version-history":[{"count":7,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/663477\/revisions"}],"predecessor-version":[{"id":663513,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/663477\/revisions\/663513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/663498"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=663477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=663477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=663477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}