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A crypto analyst predicts that the popular meme coin, Dogecoin, could be up for a potential price surge, seeing the token reach $1.
Market expert Henry said the meme coin could be gearing up for a possible “huge breakout” as shown in recent chart patterns.
Breakout Might Be Coming
Henry declared in an X post that Dogecoin could experience a price rally any time soon after the analyst examined the meme coin’s price movement.
There is so much uncertainty and negative sentiment in the broader cryptocurrency market today, but many investors have maintained their positive outlook on the coin as it showed some flashes of strength this week.
$DOGE huge breakout starting imo.
Last time It did similar thing was at Sep 24.
50¢ next, then $1.00
Trust the cycle 🔁 pic.twitter.com/q7oiQTkOjg
— Henry (@LordOfAlts) March 26, 2025
The crypto analyst forecasts that recent chart patterns revealed that the popular meme coin is up for a potential surge. “$DOGE huge breakout starting,” Henry said in a post, a prediction that can bring a great deal of excitement among traders. The analyst added that the last time Doge was in a similar situation was on September 24.
Dogecoin Could Hit $1
Henry presented a chart in a post that illustrates the price movement of Dogecoin, saying that the meme coin could be heading for a huge breakout.
According to the crypto analyst, if investors would look closely in the chart, they will observe that DOGE has broken out of a triangle flag pattern on the daily candle chart, noting that the meme coin has been locked in the triangle flag pattern since December 2024.
Henry interpreted this pattern as an indication that Dogecoin could be up for a price increase, saying that the coin might be moving towards the $0.50 mark.
The crypto analyst suggested that after DOGE reaches the $0.50 mark, the meme coin could surge further to hit the all-time high of $1, noting that the coin needs to hold above the top of the pattern to achieve this milestone.
At the time of writing, Dogecoin is traded at $0.173 per coin, down by 4.6% in the last 24 hours. It seems the meme coin could be retesting this pattern.
A Similar Pattern In September
The crypto analyst said that historically, DOGE experienced a similar price action in September 2024, noting that it broke out of an extended correction that started in March 2024.
Henry emphasized that investors saw during the September 2024 breakout over a 400% surge in the coin’s price that it went above $0.48.
For DOGE to hit $1, it needs to have a 450% increase.
Featured image from Gemini Imagen, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
