May 22, 2025

Dogecoin Price Prediction: After a 44% Rally, Is DOGE Winding Up for a Move to $1?

3 min read

The coveted $1 DOGE valuation is inching closer, with a 44% surge on the monthly bolstering the near-term Dogecoin price prediction . DOGE is now testing the upper boundary of a two-week consolidation range between $0.20 and $0.25. Clear of this hurdle, DOGE could have a claim to the “best crypto to buy” conversation. While still far from the post-inauguration rally’s $5.4 billion peak, DOGE is currently maintaining open interest at February levels at $2.7 billion according to CoinGlass Data . Dogecoin open interest. Source: CoinGlass. With recent FUD easing, the door has opened to bullishness. Traders appear to be positioning for a continuation, with the Binance long-to-short ratio of 2.23—69% of traders have bet on price increases. Dogecoin Price Analysis: Is DOGE Ready to Hit $1? This renewed bullish sentiment could fuel a breakout from Dogecoin’s current consolidation zone—and potentially end the broader descending channel that’s shaped its multi-month downtrend. DOGE / USDT 1-week chart, pending descending channel breakout. Source: TradingView / Binance. Momentum indicators further support this outlook. The MACD has formed a golden cross, surpassing the signal line, typically a strong indicator of a longer-term trend reversal on higher time frames. More so, the RSI is holding firm above the neutral 50 mark at 53, suggesting sustained buying interest is outweighing any short-term profit-taking. If momentum persists, a breakout could drive the DOGE price toward $0.45—an 87% potential gain from current levels. From there, a more substantial catalyst will likely be needed to drive the next Dogecoin price wave, such as the June 15 decision deadline on a US spot DOGE ETF . Traders should watch for a confirmed breakout above $0.25 to avoid a false signal, while the 50-day SMA at $0.195 stands as the next major support level if a correction unfolds. New ICO is Ready to Disrupt an $85 Billion Industry Presale investing has become a popular strategy, offering a hedge against recent economic uncertainty-driven downturns and a shot at above-average returns. One project catching early attention is SUBBD ($SUBBD) , an AI-powered content platform redefining a $85B industry by giving fans true access and creators better monetization tools. Never miss a sale again. As a top creator, your audience is global. It’s just not possible to cater to everyone – you can’t be online 24/7 That’s where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you’re making money… pic.twitter.com/ju9VjLBmea — SUBBD (@SUBBDofficial) March 26, 2025 Traditional creator-subscriber platforms often take hefty cuts—up to 20%—while giving users little agency over their communities. SUBBD flips the script, cutting out the middleman and putting the power directly in creators’ hands—to great support with over $470,000 raised in its ongoing presale . These perks extend to fans in an access-driven ecosystem. Token-gated content, discounts, and early access allow supporters to engage with their favorites in a meaningful way. You can keep up with SUBBD on X , Telegram , and Instagram , or join the presale on the SUBBD website . The post Dogecoin Price Prediction: After a 44% Rally, Is DOGE Winding Up for a Move to $1? appeared first on Cryptonews .

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