Dogecoin's Long-Term Bullish Outlook: Potential to Exceed $10

Summary:
Dogecoin (DOGE) remains in a bullish long-term trend, according to crypto analyst Olivier D Maximus. Despite recent sluggish price movements, he believes the meme coin could eventually soar past $10. Alongside this optimism, another analyst, Trader Tardigrade, has identified a crucial price zone that will significantly impact Dogecoin's next steps.

Key Takeaways

Dogecoin’s long-term chart indicates a bullish structure.
Analyst Olivier D Maximus predicts that DOGE could surpass the $10 mark.
Dogecoin's recent price actions are viewed as part of a larger trend.
Trader Tardigrade highlights a crucial price point around $0.122, essential for determining DOGE's future movement.
A break above this level could lead to an increase, while a drop below may lead to a decline.

Dogecoin

Dogecoin's Bullish Structure Suggests Movement Towards $10

As of recent reports, Dogecoin has regained attention within the crypto community due to its long-term bullish framework. Crypto market expert Olivier D Maximus has shared insights indicating that despite the current modest monthly price changes, the overall technical trend for DOGE remains strong. He anticipates that Dogecoin could eventually surge beyond the $10 level.

In a post on X, Maximus pointed out that, although the price movement has been lackluster, the underlying bullish structure of DOGE stands firm. He released a detailed chart showing that, while the latest monthly close may not have generated immediate excitement, the overall bullish outlook remains promising. Analysts are now keenly observing January, expecting it to mark a pivotal phase for the crypto.

Maximus remarked that long-term movements often unfold quietly before significant gains, and Dogecoin appears to be adhering to this pattern. He emphasized the need for patience when analyzing monthly charts, which typically reflect broader trends instead of immediate fluctuations. He believes the current consolidation phase does not undermine Dogecoin's potential for upside.

Dogecoin Chart
Source: Chart from Olivier D Maximus on X

The chart reveals that Dogecoin is trading within a well-defined Ascending Channel that has persisted for several years. The current price sits above a long-term rising support zone, showcasing higher lows over time. Additionally, several diagonal trend lines demonstrate that DOGE has consistently corrected toward mid-channel support before moving upward again, reinforcing the likelihood of a healthy long-term uptrend.

Maximus has also highlighted various all-time-high (ATH) levels that he envisions for Dogecoin over time, indicating potential targets above $12 and even reaching $25. He suggests that as long as Dogecoin sustains its structural integrity, the potential for it to reach double digits—rising from below $1 to $10—is technically feasible.

Critical Price Level for DOGE in 2026

In another analysis, Trader Tardigrade has noted that Dogecoin is currently situated within a Descending Triangle formation, trading at the tip of the pattern near $0.122. This price point has been identified as a critical make-or-break level that could dictate Dogecoin’s subsequent move—either a pullback or an upward surge.

Trader Tardigrade forecasts that if DOGE breaks above the upper boundary of the Descending Triangle, it could initiate a breakout with a target of approximately $0.132, which would represent an 8.2% increase from the current price. Conversely, a drop below the triangle’s lower boundary could see DOGE fall toward $0.116, indicating a potential decline of about 4.9%.

DOGE Trading Chart
DOGE trading at $0.12 on the 1D chart | Source: DOGEUSDT on Tradingview.com