- Dogecoin dropped by 22.26% in 2025, but can rally on the basis of the Elliott wave model.
- The Dogee 3 wave could peak at $ 1,1293 before a decline at $ 0.7702 in wave 4.
- Song 5 could lead DOGE to $ 6.08, marking an increase of 2,391% of current levels.
Dogecoin (DOGE) was a hot topic on the cryptography market, attracting attention to its unpredictable price fluctuations. This year was difficult, with a drop of 22.26%, but analysts predict a return. An expert, “Doge Lord”, believes Doge is on the right track for a historic rally, based on a model of Elliott Wave.
According to Doge Lord, Dogecoin sails in a five wave elliott wave formation, a structure commonly linked to massive price overvoltages. He suggests that Doge is currently in the third wave, which is generally the strongest. If it is correct, the meme piece could soon soar in value.
The rally started in January 2024, with Dogecoin reaching $ 0.2288 by March, finishing wave 1. However, wave 2 made a strong correction, chasing Doge at $ 0.0805 in August. The recovery was rapid in wave 3, fueled by the Boom of the wider cryptography market under President Donald Trump, proposing Doge to a summit of $ 0.4843 in four years in December.
Dogecoin set for an explosive rally 2025
Despite its continuous correction, Dogecoin remains in wave 3, according to Doge Lord. Its graph notes that Doge is ready for a rebound, targeting the Fibonacci 1 level, which coincides with a summit of $ 1,1293. Once this level has been reached, wave 3 would end, making room for wave 4, which should lead to prices less than $ 1, maybe at $ 0.7702.
Vague 5 should provide the most important gains. Doge Lord provides for an increase at $ 6.08, an incredible increase of 2,391% compared to its current value. “DOGE preparing for huge movements in 2025,” he said, highlighting the potential of one year to come.
Adding to excitement, another trader, “dogegod”, believes Doge could rally up to $ 7. Analyst Ali Martinez extended that $ 10 are at hand. If these predictions are realized, Dogecoin could break expectations in 2025.
Market feeling and current price trends
Dogecoin is currently negotiating at $ 0.244, having a decrease of 5.29% today and a decrease of 37.24% in last month. However, optimism remains high. Crypto Ali Martinez analyst highlighted A purchase signal on the TD sequential indicator, suggesting that a Haussier turnaround could be close.
The market remains unpredictable, but the Dogecoin trajectory generates excitement. If Doge Lord’s forecasts materialize, DOGE could become one of the largest winners of 2025. That it reaches $ 6, $ 7 or even $ 10, the following year could change the game for memes and its investors.
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