Will Dogecoin Price Rally to $0.65 Amid These Bullish Indicators?

Key Insights:

• Analyst targets $0.6533 for Dogecoin price, a 200% gain from current levels, based on a confirmed multi-year breakout.
• DOGE price faces strong resistance at $0.25-$0.26, a critical zone that has blocked multiple breakout attempts since 2024.
• Dogecoin has broken out from a descending wedge, with potential targets at $0.3757, $0.4884, and $0.6160.

Several analysts noted that Dogecoin price could surge, with a potential target of $0.65. Technical analysis and on-chain trends signal that the bull run may continue, but the meme coin is held back at key points.

Dogecoin Price Multi-Year Breakout Targets $0.65

Notably, Dogecoin price is now breaking free from a wedge that marks the start of a possible trend reversal. The breakout was verified when DOGE surged above the long-term resistance line that had stayed valid since the peak in 2021. This recent event changed the structure, as it marked an end to a long series of lower highs and lower lows.

Analyst Javon Marks is bullish on Dogecoin price and set the target at $0.6533. Hitting this target would mean a 200.79% increase over the current price of $0.2172. His outlook is shaped by DOGE resistance to falling below $0.16, proving a bullish trend. If this trend continues, the crypto could hit its all-time high of $0.74 and possibly surpass it soon.

DOGE Faces Key Resistance at $0.25-$0.26

However, Dogecoin price might experience resistance at the $0.25 to $0.26 level. The level has repeatedly prevented a surge in the past few months. In late 2024, the level was a key support but became a strong resistance area early 2025. Several efforts to surpass this range have not been successful. One such attempt took place in May 2025 when the top meme coin price rose to $0.24 only to fall back to $0.22.

According to crypto analyst Ali Martinez, a breakout at this level could lead to a large increase. Due to the resistance, DOGE price has not been able to move much higher than its short-term trading zone.

DOGE On-Chain Activity Surges

According to IntoTheBlock, Dogecoin network activity has increased significantly, backing the bullish outlook. Dogecoin new addresses rose by 102.40% in the past week, and active addresses also increased by 111.32%.

Rising participation might suggest more interest in the token, and may push Dogecoin price past the $0.25-$0.26 resistance.

Furthermore, the number of zero-balance addresses jumped by 155.38% compared to the previous period. This increase in address activity means that traders and investors are engaging more. Hence, this is in line with the wider recovery seen in the market over the past few weeks.

Dogecoin Price: Technical Targets and Future Outlook

More so, another analyst, Rose Premium Signals, has identified $0.21 and $0.22 as the immediate support for Dogecoin price. Additionally, the near-term targets are $0.3757, $0.4884, and $0.6160. These targets align with the multi-year breakout projections, providing a roadmap for potential gains if bullish momentum sustains.

However, the analyst pointed out the stop-loss set at $0.14, showing that risk must be managed in such volatility. This level supports the overall market, helping to avoid excessive losses when the market falls.

A different analyst, Bitcoinsensus, noted that Dogecoin price has confirmed an inverse head-and-shoulders breakout, crossing its neckline and trendline resistance. This pattern indicated a potential surge to the $0.43 supply zone, aligning with the current bullish structure. A successful retest of the trendline within the next seven days could reinforce this upward momentum.

Further supporting a bullish outlook, recent analysis suggested that Dogecoin price is repeating a historical cycle observed between 2014 and 2018. The meme coin has twice rebounded from the lower boundary of a long-term rising channel, indicating potential for another surge. If this structure holds, Dogecoin could target $0.29 in the short term, representing a 30% gain from its current price.

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