- Dogecoin price continues to hold a bullish pattern.
- Analyst anticipates a massive breakout for the price of DOGE soon.
- This could lead to a move to a greater ATH target of $1.25 for DOGE.
Anticipation for altseason arrival gains momentum as more and more altcoin price charts show multiple bullish indicators. Alongside ETH, XRP, and ADA, another popular altcoin showing high bullish signs is the pioneer memecoin DOGE. In particular, one analyst that that Dogecoin price continues to hold a bullish pattern as DOGE heads towards a massive breakout move.
Dogecoin Price Continues to Hold a Bullish Pattern
Expectations for altseason continue to grow by the day, and as the year moves towards the end of Q2, analysts and traders grow more anxious by the hour. Altseason peak was expected to arrive in Q1 of 2025. Historically, based on previous bull cycle patterns, the altseason peak phase has always arrived in Q1 following that bull cycle’s Bitcoin Halving event. However, this year the pattern was broken.
To highlight what the crypto market saw this Q1 of 2025, following a Bitcoin Halving year, was that Bitcoin (BTC), the pioneer crypto asset, entered a prolonged correction phase. This phase took the price of BTC from its latest ATH prices back to the ATH set before the Bitcoin Halving event took place. This led to much concern in the eyes of traders, while seasoned analysts saw it as a much-needed correction that eventually led to a healthier market.
Since then, the price of BTC hit a new ATH at the $111,000 price range. Presently, a reputed silver-tongued analyst expects the price of BTC to experience another similar brutal price dip back to the $93,000 and $95,000 price before a bounce back could occur. He says the crypto market is entering a volatile state due to political strife and war escalations. All in all, he encourages hedge trading to mitigate risks.
DOGE Prepares to Set a New ATH at $1.25
While Bitcoin hovers in a strong position, so does Ethereum (ETH). To highlight, the pioneer altcoin ETH set its bottom during Bitcoin’s correction phase at the start of the year. Since then, the asset has pumped with resilience and aims at reclaiming higher prices, leading traders and analysts to believe that the altseason peak phase may finally be preparing to make its long-awaited debut.
As we can see from the post above, this reputed analyst believes that DOGE is continuing to hold a bullish pattern and is preparing for a breakout that will propel the price of Dogecoin to move towards a bullish target of $0.6533. He expects the price of DOGE to continue to set higher lows that will lead to another breakout of over 260%, which could bring the asset to a new ATH target of $1.25.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed