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Dogecoin

Dogecoin Could Perform Similarly To The 2021 Bull Run, What To Expect Next

Scott Matherson
by Scott Matherson
3 months ago
·
Posted in Dogecoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin’s price has shown strong bullish behavior in the past two weeks, gaining traction after forming a convincing base just above $0.15. This has allowed the Dogecoin price to push above the notable $0.22 price level again, and the next outlook is a continuation of the bullish run and seeing where it leads.

Interestingly, a technical outlook by a crypto analyst that goes by the name ÐOGECAPITAL (@DimaPotts36) on social media platform X says this could be the start of another explosive cycle for Dogecoin, one that might resemble the 2021 bull run.

Historical Trendlines Revisited: Precursor To A New Bull Cycle

According to a detailed analysis shared by crypto analyst DimaPotts36 on social media platform X, Dogecoin’s recent price action shows a pattern similar to previous breakout phases. The weekly candlestick formation shows Dogecoin bouncing from a critical yellow breakout trend line within a long-standing upward channel. Every time Dogecoin retested this yellow line, particularly in 2017 and again in early 2021, it caused a significant rally in its price.

Related Reading: Dogecoin Price Gearing Up For Major Explosive Rally – Why $1 Is Still In The Cards

Interestingly, during the week of April 14, 2025, Dogecoin reached a low of $0.13 to once again touch the same orange parallel line that acted as a launchpad in the past. Since then, the price has maintained an upward trend, which confirms the strength of the pattern. This upward movement is further supported by an overlaid structure of parallel lines in the weekly candlestick chart below by the analyst.

Dogecoin
Source: Dima Potts on X

What’s Next? Dogecoin To Perform Similarly To The 2021 Bull Run

Now that Dogecoin has bounced on the trendline, the next outlook is an upward move, with ÐOGECAPITAL predicting a similar pattern to 2021. Adding weight to the analysis is a custom indicator developed by the analyst, shown at the bottom of the shared chart. This tool, which has historically aligned well with DOGE cycle peaks, predicts that the top of the current cycle could arrive around the final week of October 2025. 

Related Reading: Dogecoin Price Could Reach $1.05 As Early As June – Analyst

This October 2025 timeline is based on the possibility of Dogecoin mirroring the timing of 14 weekly bars over 98 days before the market tops seen in both the 2017 and 2021 cycles. The comparison might not be exact, but there is an observable rhyme in the pattern, especially in how the timing of the rebound on the yellow trendline aligns in 2017 and 2021.

In terms of price targets, the analyst has a year-end estimate of $11.71. Interestingly, the chart also shows upper bounds based on Dogecoin’s growth pattern. The red parallel line, which has marked previous tops, intersects the timeline around October 27, 2025, at roughly $42. Above that, a higher yellow line sits at $69.42. However, these are predictions, but rather as reference points derived from logarithmic growth patterns observed across DOGE’s price movement since 2014.

At the time of writing, DOGE is trading at $0.2239.

Dogecoin
DOGE trading at $0.22 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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