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Dogecoin Price Prediction 2025: Decoding the Possibility of Reaching $1
In a recent analysis, we discussed the possibility of Dogecoin (DOGE) price falling below $0.25 and remaining consolidated around that range for a while. However, despite this bearish pressure, the DOGE price remains primed to trigger a healthy rebound and revive an ascending trend to reach the crucial barrier at $0.7 during Q1 2025.
The DOGE price has not broken the ascending trend line, which has been a strong support and hence keeps up the possibility of a healthy upswing. If this trade materializes, then the price is expected to trade along the rising trend line and reach the apex, followed by a breakout to the important resistance at $0.7.
As the market heads into 2025, it’s crucial to understand that the DOGE price remains primed for a robust rebound. The token’s current consolidation pattern has the potential to be a significant event in determining the future of Dogecoin.
Source: coinpedia.org
