Dogecoin Enters Historic Support Zone – Is a Massive DOGE Price Surge Ahead in 2025?

Dogecoin (DOGE), the popular meme coin, is once again showing signs of a potential rally. Crypto analyst MasterAnanda has highlighted an interesting observation in the weekly candlestick timeframe, suggesting that Dogecoin could revisit the bull market support zone it previously broke through in 2021. The historical support zone, which acted as a resistance in early 2021, has since become a strong support level in subsequent years.

DOGE Revisits Historic Support Zone

MasterAnanda’s analysis suggests that Dogecoin has re-entered its most significant historical support zone when compared to Bitcoin on the weekly chart. This zone, marked in blue, acted as resistance in early 2021 before the Dogecoin price surge, during which DOGE soared to new highs and outpaced Bitcoin in the fifth wave of the bull run. After that rally, the resistance turned into support and has held strong in multiple retests since then.

In June 2022, the support zone was tested, and later, in late 2023 and early 2024, as Bitcoin gained dominance. Despite Bitcoin’s market-leading performance, DOGE bounced back each time, reaffirming the strength of this support zone as a key accumulation point. This continued validation has created a solid foundation for potential price movement in the future.

Will Dogecoin Price Surge Again in 2025?

Stepping forward and looking ahead, we can see Dogecoin price prediction (against Bitcoin) that is forming a higher low inside the blue support zone, which shows a bullish structural development. Master Ananda noted that this could consolidate and indicate the beginning of another major rise, as we got a glimpse of the previous bull run.

As well, from a Fibonacci extension chart, we can see indicators that Dogecoin price has a possibility of new all-time highs today. The 2021 peak is 630% away, suggesting solid upside if the coin’s price maintains momentum. All said, while Dogecoin price surge is in the second cycle and Bitcoin has seen substantial growth since late 2023, and while the original meme has a slower cycle than Bitcoin these days, we can see sentiment is building still, especially in retail to buy into the 2023 emergency.

The Importance of Dogecoin Whale Activity

Whale activity in Dogecoin has also contributed to the coin’s stability and potential future price growth. Whales—large investors with a substantial amount of DOGE—have acquired more of the meme coin, which could put upward pressure on the price when demand drives the price movement. You can glean whale activity to know if DOGE is primed to make a significant price move in the coming months.

Dogecoin Price Resistance Level: Key to Future Growth?

As Dogecoin price prediction continues, it will likely have to break price resistance before it can produce any noteworthy upward momentum. Price resistance has historically indicated a key area during price cycle events, so if Dogecoin can breach the resistance, it may be able to recover some price action.

Chart 1 – DOGE/USDT live price, provided by Insights, published on TradingView, April 22, 2025.

As of now, Dogecoin is trading at $0.162, a 4.2% increase in the past 24 hours. Bitcoin, which has been leading the crypto market, is currently trading at $87,390, an increase of 3.8% in the past 24 hours. Although Bitcoin is leading the way, there is more potential for the Dogecoin price forecast to have its near-term rally events take shape.

Dogecoin Price Forecast for 2025: What to Expect?

Given the positive momentum from the support zone and heightened retail attention, there is a lot of anticipation surrounding Dogecoin’s future. The Dogecoin price forecast indicates a strong bullish catalyst could push DOGE on a major rally. There are also price projections that suggest levels much higher than where Dogecoin trades today. Still, Dogecoin’s future performance will heavily depend on market conditions and investor sentiment over the following months.

Will Dogecoin Price Go Up in 2025?

At this point, it is hard to say exactly what Dogecoin might look like in the future, but while Dogecoin is currently consolidating, it appears to be positioned for some price growth. The positive Dogecoin price prediction suggests that if Bitcoin continues to hold its market dominance and if retail traders keep their interest in buying altcoins like DOGE alive, Dogecoin may experience significant growth in 2025.

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