The cryptocurrency market now focuses more on Dogecoin because its current price is near the $0.16 support point. Technicians say investors have their last chance now between $0.15 to $0.17 before prices break out. Technical analysis readings show that Dogecoin could rise from $2.77 to $20 based on its past price movements.

At this time Dogecoin is attempting to remain above $0.15 to $0.17 in its price range. The Relative Strength Index (RSI) shows the three-day chart bottoming out at extremely depressed levels which normally predicts a price recovery. Market professionals believe support at current levels would propel DOGE to go up in value.

Market expert Ali Martinez observes that Dogecoin stays within an upward moving channel for its long-term trend. Based on his research the $0.16 support point offers the best chance to spur a major price increase. Through Fibonacci analysis Martinez foresees Dogecoin pursuing upward movement up to $2.77 where it would set a fresh high watermark for the cryptocurrency.

#Dogecoin $DOGE still has a chance to go parabolic if the $0.16 support level holds! pic.twitter.com/NoHS9nnfr3

— Ali (@ali_charts) March 14, 2025

Dogecoin’s Historical Patterns Hint at Massive Price Surge

Experts who watch the market believe Dogecoin will grow if Bitcoin remains strong and the crypto continues its past multi-year rise up to $20 with price passing $2.77. For the predicted bull market to develop our support needs to hold at its existing level.

The price chart of Dogecoin indicates that buying phases lasted long before massive price spikes. The research from Trader Tardigrade shows that Dogecoin stays in holding mode for many months then jumps in value sharply.

Previous price spikes took place both in 2017 and 2021 after periods of consolidation and bear markets bottomed out. The present market phase matches earlier patterns because traders show more activity on the blockchain platform while trade volume keeps growing. DOGE typically increases in value after similar cycles and so another bull period could begin.

Investors examine how Dogecoin follows a steady upward slope in its value growth. According to Trader Tardigrade Dogecoin has increased in price for each major rally following a steady growth pattern extending over time.

https://twitter.com/TATrader_Alan/status/1900456888816583023

The latest analysis shows Dogecoin could achieve a value near $4.50 when the present accumulation period completes its usual pattern. The market data reveals that Doge will continue along its established upward track.

Investors track Dogecoin closely because its current trading range stays important at $0.16. Analysts predict that Dogecoin could rise to different targets from $2.77 to $20 if price maintenance takes place. Current market trends suggest this down period ends as the next large price increase begins for meme coins.