{"id":3280,"date":"2025-02-23T19:13:10","date_gmt":"2025-02-23T19:13:10","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/dogecoin-price-confirming-final-retest-here-are-the-levels-to-watch-for-a-bullish-breakout\/"},"modified":"2025-02-23T19:13:10","modified_gmt":"2025-02-23T19:13:10","slug":"dogecoin-price-confirming-final-retest-here-are-the-levels-to-watch-for-a-bullish-breakout","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/dogecoin-price-confirming-final-retest-here-are-the-levels-to-watch-for-a-bullish-breakout\/","title":{"rendered":"Dogecoin Price Confirming Final Retest, Here Are The Levels To Watch For A Bullish Breakout"},"content":{"rendered":"<p>Crypto analyst Basic Trading has revealed that the <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-final-retest\/\" target=\"_blank\" rel=\"noopener nofollow\">Dogecoin price is confirming<\/a> a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout.\u00a0<\/p>\n<h2>Levels To Watch For As Dogecoin Price Confirms Final Retest<\/h2>\n<p>In a <a href=\"https:\/\/www.tradingview.com\/chart\/DOGEUSD\/hIpWP0Nj-Dogecoin-The-Final-Break-And-Retest\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView post<\/a>, Basic Trading highlighted $0.2, $0.5, and $5 as the levels to watch out for as the Dogecoin price confirms a final retest. This came as the analyst noted that market participants are about to witness a textbook \u2018break and retest\u2019 for Dogecoin. Alluding to the monthly chart, the analyst said that DOGE is obviously in an <a href=\"https:\/\/bitcoinist.com\/dogecoin-upward-momentum\/\" target=\"_blank\" rel=\"noopener nofollow\">upward trend<\/a> despite recent corrections.\u00a0<\/p>\n<p>Basic Trading also remarked that the Dogecoin price has seen the expected correction of about 50% following its textbook retest of the previous <a href=\"https:\/\/bitcoinist.com\/dogecoin-to-hit-ath-above-1\/\" target=\"_blank\" rel=\"noopener nofollow\">all-time high<\/a> about three months ago. The analyst is confident that the foremost meme coin is about to confirm the bullish break and retest, which would eventually lead to a parabolic rally and new highs.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-large wp-image-701303\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Dogecoin-chart-from-Basic-Trading.png?w=512&#038;resize=512%2C262\" alt=\"Dogecoin\" width=\"512\" height=\"262\" \/><\/p>\n<p>He predicts that DOGE will witness significant buy pressure, pushing the Dogecoin price to its current local high of around $0.5. This potential breakout would pave the way for a rally to a new ATH. Basic Trading believes that the foremost meme coin can rally to as high as $5 because of its performance in <a href=\"https:\/\/bitcoinist.com\/dogecoin-to-outperform-previous-bull-cycles\/\" target=\"_blank\" rel=\"noopener nofollow\">previous cycles<\/a>.\u00a0<\/p>\n<p>The analyst noted that the Dogecoin price enjoyed an 8,000% gain in the 2017 bull cycle and a 50,000% in the 2021 cycle. As such, he believes the $5 price level is a conservative target for DOGE in this bull run. Crypto analyst Dima Potts also recently predicted that Dogecoin could reach $10 in this cycle as it is mirroring a similar pattern from the 2017 bull cycle.\u00a0<\/p>\n<h2>$3 Remains A Strong Possibility For DOGE<\/h2>\n<p>In an X post, <a href=\"https:\/\/bitcoinist.com\/xrp-in-demand-whales-go-on-400-million-buying-spree\/\" target=\"_blank\" rel=\"noopener nofollow\">crypto analyst Ali Martinez<\/a> revealed how the Dogecoin price could rally to as high as $3 in this market cycle. He noted that the most critical support zone for DOGE is between $0.19 and $0.16. According to him, if this level holds, the $3 target remains a strong possibility for the foremost meme coin.\u00a0<\/p>\n<p>Crypto analyst <a href=\"https:\/\/bitcoinist.com\/ethereum-retests-triangle-pattern\/\" target=\"_blank\" rel=\"noopener nofollow\">Trader Tardigrade<\/a> also provided a bullish outlook for the Dogecoin price. In an X post, he stated that DOGE\u2019s macro chart is showing a similar price pattern. The analyst remarked that if it mirrors the 2017 moves, DOGE could soon experience another massive surge. His accompanying chart showed that the meme coin could reach $1.7 when this massive surge happens.\u00a0<\/p>\n<p>At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" rel=\"nofollow noopener\" target=\"_blank\">data<\/a> from CoinMarketCap.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/Yx6y4aCb\/\" alt=\"Dogecoin\" width=\"2301\" height=\"1546\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout.\u00a0 Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView post, Basic Trading&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[221],"tags":[552,1823,1824,1825,167,168,169,166,170,171,172,173,1826,1568],"class_list":["post-3280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-ali-martinez","tag-basic-trading","tag-coinmarktcap","tag-dima-potts","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt","tag-final-retest","tag-trader-tardigrade"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=3280"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/3281"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=3280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=3280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=3280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}