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Dogecoin Price Analysis: $1 Projection for Q3

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by Giorgi Kostiuk

5 hours ago


Analysts are once again discussing the price of Dogecoin (DOGE) as it has formed an important bullish pattern. Recent data suggests a potential rise to $1 in the upcoming quarter.

Second Support Test on Trendline

Dogecoin price has completed a second retest of its long-term ascending trendline support on the weekly chart. This support line has existed since mid-2023, linking several low points and indicating a broad uptrend structure. The most recent confirmation occurred towards the end of June 2025, consistent with previous bullish reversals where the price responded well to this line. Analysts view such setups as continuation signals in the ongoing trends.

Key Horizontal Zone at $0.159

In addition to the trendline, Dogecoin price has also bounced off a horizontal support point of about $0.159. This level has stabilized the price several times in 2025 and has served as a floor for past recoveries. The last drop to this level resulted in buyers re-entering the market, causing a noticeable price jump in the daily chart. Analyst Crypto Cred indicated that price action is respecting the $0.159 area and expects it to continue moving toward $0.25 and beyond.

Breakout Targets Between $0.30 and $1

Analyst Crypto Cred noted that the Dogecoin price structure outlined a wide breakout range, with near-term targets starting around $0.30. The predicted levels are based on historical resistance zones and past price actions when similar combinations occurred. The potential path includes reclaiming short-term resistance near $0.20 and $0.25, which may trigger additional buying by traders. The analysts also pointed out decreasing selling pressure and short liquidations near $0.235, which could accelerate gains if DOGE breaks above that mark.

Recent trends in Dogecoin's price resemble previous movements that led to strong surges. The double support touch and tight consolidation suggest that the current base is structurally sound, and the asset could repeat past price jumps as long as trading volumes continue to rise.

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