Dogecoin is currently trading at $0.22, down 4% in the last 24 hours. The token is now aiming for a higher price haul, the one that helps widen DOGE’s price horizons. The token has long been craving a new price spike, which can help elevate its market status. While DOGE has consolidated for long, one analyst has noted a unique pattern on the token’s chart, stating how DOGE is already on the path to hit $0.70. Here’s how.
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DOGE to $0.70: Details
According to Ali Martinez, a notable cryptocurrency analyst, Dogecoin is currently eyeing a new price high of $0.70 in a shorter time frame. DOGE can breach this price level only when the asset is easily able to surge above the $0.36 mark, the ascent to which the token has already commenced.
“Once Dogecoin $DOGE clears $0.36, the path is clear. Targets reset to $0.70.” Ali Martinez stated
Dogecoin $DOGE seems to be shaping a double bottom pattern, targeting $0.42! pic.twitter.com/EpaYIoPEtY
— Ali (@ali_charts) July 18, 2025
Moreover, the token is eyeing moonshot price levels, as Ali later shared on X. The token has already started to form a double bottom pattern. This pattern indicates how the token is initially trying to move towards the $0.42 price mark.
Dogecoin $DOGE seems to be shaping a double bottom pattern, targeting $0.42! pic.twitter.com/EpaYIoPEtY
— Ali (@ali_charts) July 18, 2025
How Rich One Can Get Once The Asset Hits $0.70?
Investing $500 in Dogecoin right now at the current price of $0.22 will enable an investor to purchase nearly 2272 Dogecoin tokens. Once the asset’s price hits $0.22, the total cost of purchase would be $1590, which entitles the investor to a profit worth $1090.
As per CoinCodex DOGE data, the token is now eyeing a massive $0.90 price overhaul, which it’s predicted to breach around 2040.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to rise by 303.94% and reach $0.900398 by December 28, 2040. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 68 (greed). Dogecoin recorded 15/30 (50%) green days with 9.53% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: Whales Scoop 1B Dogecoin Stock—3 Reasons DOGE Still Holds Value