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Dogecoin (DOGE) now has an upward trend line: After testing resistance many times, it is looking at $0.29 in the short term and may hit 1 trillion in market capitalization in the long term

ELON 2025-10-14 20:34 87296人围观 DOGE

An upward trend line pattern was found on the Dogecoin chart. DOGE is trading at $0.2454 after multiple resistance tests near $0.27. The pattern mirrors the move in late September leading up to a high of $0.26. A clear uptrend line appears on the Dogecoin
  •  An ascending trendline pattern has been spotted on the Dogecoin chart.
  • DOGE is trading at $0.2454 after multiple resistance tests near $0.27.
  • The pattern mirrors the move in late September leading up to a high of $0.26.
A clear upward trendline pattern appears on the technical chart of Dogecoin (DOGE). Although the price has fallen back to $0.2454 after testing the $0.27 resistance many times recently, the pattern is similar to the trend before the rise in late September, suggesting that there may be an 18.2% rise to $0.29 in the short term, and a bullish prediction of a trillion market capitalization (corresponding to $6.90) in the long term.

The upward trend line is forming: the highs and lows are rising, replicating the prelude to the September rally.


DOGE opened this week at about $0.27 and currently fell to $0.2454. It fell 7.3% in the past 24 hours, but it still rose 6.2% in seven days.

From a technical perspective, an upward trend line has been formed - the price continues to make "higher lows" and the overall price slowly rises over time. This structure began to appear when the price fell back from the resistance of $0.26 on October 4.

What is more noteworthy is that the current pattern is highly similar to the trend in late September: when DOGE was around $0.22 on September 26, it first tested the resistance of $0.234 and then fell back to the support of $0.225.；

The second impact on September 29 was still blocked by the resistance of $0.235, but it always held support above the upward trend line, indicating that low buying continued. DOGE subsequently rose from $0.22 on September 30 to $0.26 on October 3, providing a "historical reference precedent" for the current form.


Multiple resistance tests: $0.26-0.27 encountered selling pressure, but support was not broken


Bulls have made two recent attempts to break through key resistance: the first time they hit $0.26, they were sold off, and the price fell back to trendline support near $0.25.； The second attempt on October 6 briefly broke through $0.27, but eventually fell back to the support level.

Although both breakthroughs were unsuccessful, the core support (uptrend line and around $0.25) has never been broken, which shows that even in the face of resistance selling pressure, low-level buying interest is still there and has not disappeared due to short-term corrections, laying the foundation for subsequent attacks on resistance again.

Price prediction: In the short term, the price is US$0.29, and in the long term, the market value is 1 trillion.

  • Short-term target: Combined with the historical performance of this technical pattern (such as the rise after the late September pattern), DOGE is expected to break through current resistance and move toward $0.29. Based on the current price of $0.2454, an increase of 18.2% is needed to reach the target.
  • Long-term outlook: Another bullish view predicts that DOGE may eventually rise to $6.90, corresponding to a market capitalization of $1 trillion. The logic of this prediction is based on the valuation ratio of the previous cycle - when the market value of DOGE in the last bull market was nearly US$100 billion, the market value of Bitcoin exceeded US$1.2 trillion, and the valuation of DOGE was approximately 8.33% of Bitcoin. ； If the market value of Bitcoin reaches US$12.5 trillion in the current cycle, DOGE calculates in the same proportion, a market value of US$1 trillion (corresponding to US$6.90) is feasible, and the early signs of the current "memecoin super cycle" also provide support for this long-term goal.





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