Dogecoin Price Prediction: Memecoin Likely Heading Toward A ‘Fresh Breakout,’ Above $0.185: Key Risks To Consider
Posted On April 25, 2025
A widely followed cryptocurrency trader predicted Thursday that Dogecoin’s (CRYPTO: DOGE) bullish momentum will sustain, forecasting a potential breakout above $0.1850.
What Happened: BitGuru, known for analyzing price patterns of cryptocurrencies, noted that the popular meme coin was stabilizing above a key support level after completing a “classic” cup-shaped recovery.
The cup-shaped recovery is a bullish continuation pattern in which the price recovers gradually after a downtrend, with the trajectory resembling a cup.
“If the price holds this level, we’re likely heading toward a fresh breakout above $0.1850 in the next leg up,” BitGuru said.
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