Dogecoin Price Prediction: Will DOGE Surge 180% if Bitcoin Continues to Rise?

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Dogecoin (DOGE), the original meme-inspired cryptocurrency, is once again capturing the attention of traders and investors as key technical and on-chain indicators point to a potential explosive rally. With Bitcoin (BTC) maintaining upward momentum and broader market sentiment turning increasingly bullish, DOGE has emerged as a standout performer in 2025 — showing signs of a powerful resurgence.

Recent analysis suggests that if Bitcoin continues its upward trajectory, Dogecoin could experience a parabolic move, with some forecasts predicting an 180% price surge. This article explores the technical patterns, on-chain metrics, and market dynamics fueling this optimism.

Strong Market Demand Behind DOGE’s 38% Monthly Gain

In May 2025, Dogecoin posted an impressive 38% monthly gain, outperforming most major cryptocurrencies — second only to select altcoins during the same period. Over the past week, DOGE’s price movement has closely mirrored that of Ethereum (ETH), indicating growing institutional and retail interest.

According to CoinGecko, DOGE recorded $4.7 billion in 24-hour trading volume, ranking fifth among non-stablecoin digital assets. This surge in liquidity reflects strong market demand and renewed confidence in the long-standing meme coin.

But price action alone doesn’t tell the full story. On-chain data reveals deeper structural strength behind DOGE’s rally.

On-Chain Data Shows Active Buying Pressure

One of the most telling indicators comes from CryptoQuant’s Spot CVD (Cumulative Volume Delta) metric for Dogecoin. This measures the net difference between buy and sell volumes over a 90-day window.

The current trend shows buy-side dominance, meaning buyers are consistently absorbing sell pressure. The last time this pattern appeared was in November 2024 — just before DOGE skyrocketed 385% in Q4 2024, peaking at $0.48.

👉 Discover how market sentiment shifts can trigger massive crypto rallies.

This sustained accumulation by active buyers suggests that smart money may be positioning ahead of a potential breakout — not reacting to one.

Long-Term Holders Turn Optimistic

Another powerful signal comes from Glassnode’s Net Unrealized Profit/Loss (NUPL) metric for long-term DOGE holders — defined as those who have held their coins for at least 155 days.

As of early March 2025, DOGE’s long-term NUPL crossed above 0.5 for the first time since 2024, entering what analysts call the “greed” or “trust” zone. A NUPL above 0.5 means the majority of long-term holders are sitting on substantial unrealized profits.

This shift has important implications:

When combined with strong spot buying activity, this creates a bullish feedback loop: rising prices attract more buyers, who then hold rather than sell, tightening supply and pushing prices even higher.

Technical Chart Pattern Hints at Parabolic Move

The Dogecoin/BTC trading pair has caught the eye of technical analysts due to a recurring bullish pattern. Anonymous trader Trader Tardigrade shared an analysis showing that DOGE/BTC recently formed a structure similar to its historic 2021–2022 run, when the pair surged from 0.0024 BTC to 0.739 BTC — a staggering 30,000% increase.

While such returns are extreme, the current setup suggests another strong upward phase could be underway — especially if Bitcoin enters a consolidation phase after a major rally.

Historically, Dogecoin tends to outperform during periods when Bitcoin stabilizes. With BTC correlation at 0.67 over the past three months (per Macroaxis), DOGE often gains relative strength when BTC pauses — allowing altcoins like DOGE to capture investor attention and capital flow.

MACD Bullish Cross Signals Major Upside Potential

A critical technical development has occurred on Dogecoin’s weekly chart: a MACD (Moving Average Convergence Divergence) bullish crossover.

This is the third time since 2024 that this pattern has appeared on the weekly timeframe — and each prior instance led to explosive moves:

Now, history may be repeating itself.

Trader Tardigrade highlights that this repeated formation strengthens the case for another major move, with initial targets set at $0.65**, followed by a psychological milestone at **$1.00.

Javon Marks, another prominent crypto analyst, echoes this view:

“$DOGE is showing significant strength after forming higher lows! A move toward $0.6533 could deliver nearly +180% upside, and there's real potential to break beyond that level, making a $1+ target achievable.”

Reaching $1 would mark the highest price for DOGE since its all-time peak in 2021 — a level that would reignite global media coverage and retail participation.

Frequently Asked Questions (FAQ)

What is driving Dogecoin’s recent price increase?

Dogecoin’s rally is being driven by a combination of strong spot market demand, increased active buying volume (CVD), and positive sentiment among long-term holders (NUPL). Technical indicators like MACD also support further upside.

Is Dogecoin correlated with Bitcoin?

Yes, DOGE has a historical correlation of around 0.67 with BTC over recent months. While it often follows BTC trends, DOGE tends to amplify gains during altseasons or when BTC consolidates.

What is the significance of the MACD bullish crossover on the weekly chart?

A weekly MACD bullish cross is a high-conviction signal in technical analysis. For DOGE, it has preceded major rallies in 2024 — including gains of 180% and 385%. Its recurrence increases confidence in another strong move.

Can Dogecoin reach $1 in 2025?

While not guaranteed, multiple analysts believe $1 is possible if current momentum holds and broader market conditions remain favorable. Reaching $0.65 first would be a key intermediate step.

What does NUPL above 0.5 mean for DOGE holders?

A NUPL above 0.5 indicates that most long-term holders are in profit. This typically reduces selling pressure and increases market confidence — often leading to extended bullish runs.

👉 See how top traders use NUPL and CVD to predict crypto breakouts before they happen.

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Final Outlook: Could DOGE Surge 180%?

All signs point to a confluence of favorable factors:

If Bitcoin continues to rise or enters a healthy consolidation phase, Dogecoin could leverage that momentum to launch one of its most significant rallies since 2021.

While past performance doesn’t guarantee future results, the current setup suggests that a 180% increase — potentially pushing DOGE toward $0.65 or even $1 — is within reach under the right market conditions.

👉 Stay ahead of the next big crypto move with real-time analytics and expert insights.

As always, investors should conduct their own research and consider risk management strategies before entering any position. The crypto market remains volatile, and while opportunities abound, so do risks.

But for those watching Dogecoin closely, 2025 might just be the year it defies expectations once again.