Analysts Say DOGE Prices Have the Potential to Soar, Here's the Explanation!

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Analysts predict a high chance for DOGE price to rise to higher levels. With the support of the altseason phase and strong technical patterns, Dogecoin may be preparing for a big move ahead. What are the indicators?

Bull Run Cycle Drives DOGE Price Increase
The “Sub-Cycles” analysis chart shows that Dogecoin (DOGE) is forming a major cycle pattern that is divided into two sub-cycles.

This pattern was first seen between 2014 and 2018, where DOGE price experienced a long accumulation phase before finally surging sharply in 2017. During that period, the meme coin experienced two significant spikes before reaching its peak.

According to his findings, the same pattern has now been seen in previous bull run cycles, indicating that the next big increase is on the way.

“In this regard, the upcoming Doge Bull Run in 2025 is expected to follow the pattern of the 2017 Bull Run, which had two price spikes as seen on the chart,” he said in the analysis.