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Dogecoin (DOGE) is once again capturing market attention as top analysts predict a bullish breakout, fueled by renewed optimism across the crypto market. On Monday, April 14, crypto analyst Ali Martinez forecasted a potential rally to $0.29, provided the meme coin can decisively close above the $0.17 resistance level.
Currently trading around $0.1659, Dogecoin has surged nearly 20% in the past week, rebounding from a low of $0.13. Martinez emphasized that maintaining support above $0.13 is crucial, as it solidifies DOGE’s bullish structure. According to his analysis on X, breaking through $0.17 could pave the way for a swift move to $0.21, and potentially $0.29 in the near term.
#Dogecoin $DOGE is gearing up for a big week. A close above $0.17 could open the door to $0.21 or even $0.29, as long as it holds the key $0.13 support. pic.twitter.com/oUnTLRqe3D
— Ali (@ali_charts) April 14, 2025
Adding to the bullish sentiment, another respected analyst, Javon Marks, shared his perspective, suggesting DOGE could see a spectacular run to new all-time highs (ATH). Marks noted that Dogecoin is “looking ready to put on yet another magical bullish performance,” projecting gains between +200% and +330%—a rally that could push prices well above its previous ATH of $0.73 set in May 2021.
Meanwhile, Trader Tardigrade added fuel to the fire, citing that DOGE is currently in phase D of the Wyckoff Accumulation pattern. This phase typically marks strong buying support and precedes a major price uptrend, potentially transitioning into phase E, which signifies breakout momentum.
With bullish indicators flashing across multiple analyst forecasts and Dogecoin reclaiming key support zones, investor sentiment continues to lean strongly optimistic. According to a CoinGape analysis, the 3-month bias indicator confirms the dominance of bulls in the DOGE market.
As the broader crypto market recovers, Dogecoin appears ready to capitalize on the momentum. A break above $0.17 could be the trigger for a major price surge, making the meme coin one to watch closely in the coming weeks.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Dogecoin ETF Update: 21Shares Files as Whales Dump and Miners Accumulate
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
