Dogecoin's Next Leap: Analysts Eye $4 Target and Key Breakout Timeline

by Crypto Hobby

Updated July 02, 2025

Dogecoin leaping towards a bright future. — "Dogecoin's Next Leap: Analysts Eye $4 Target and Key Breakout Timeline" - thumbnail

Dogecoin (DOGE), the prominent meme coin, is generating significant buzz among analysts who are forecasting a potential surge to $4. This ambitious target comes after a period of relatively sluggish price movement, with the last notable breakout occurring during the US election season last November. The community is now eagerly anticipating its next major price milestone.

Dogecoin's Ambitious Price Targets

Some analysts are bypassing the long-awaited $1 mark for Dogecoin, setting their sights directly on $4. This projection, while ambitious for a meme coin, is gaining traction among several experts. If achieved, it would place DOGE in a price territory previously associated with cryptocurrencies like XRP.

Analyst Insights and Technical Indicators

Trader Tardigrade's "Three Touches" Theory: Analyst Trader Tardigrade recently highlighted on X (formerly Twitter) that Dogecoin has completed "three touches" to horizontal support on its descending triangle chart. This technical pattern, previously observed before a significant surge to the Fibonacci level of 2.786, could indicate a repeat performance. If history repeats, Dogecoin could initially target $1.09.
Long-Term Outlook: Trader Tardigrade suggests that Dogecoin is aiming for a long-term target of $4 as early as 2026.
Javon Marks' Conservative Projections: Analyst Javon Marks also sees Dogecoin on a path to success, though with more conservative immediate targets. Marks predicts DOGE could first reach $0.65 before moving towards $1.25.

Catalysts for a Potential Breakout

Several factors are emerging that could contribute to a bullish trajectory for Dogecoin:

Spot Dogecoin ETF: The prospect of a Spot Dogecoin Exchange-Traded Fund (ETF) appears to be nearing. Crypto fund manager Bitwise recently amended its S-1 application with the SEC for a Dogecoin ETF, a move that Bloomberg analysts suggest could increase approval chances.
Recent Price Rebound: Dogecoin's price has shown a rebound since June 23, leading analysts to anticipate a positive performance in July.

While a $4 Dogecoin might seem distant, the confluence of technical indicators and potential market developments suggests a positive outlook for the meme coin in the near future, with several analysts forecasting significant price appreciation.