Dogecoin is currently regaining momentum and gaining prominence in the market. The token is showing signs of a potential breakout, finally free from its earlier key resistance levels. After battling some notorious price levels in the past, the token is now past its $0.20 level, trading at $0.27 at press time. What’s fueling Dogecoin’s price surge, and how high can the token truly go in 2025? Let’s find out.
Also Read: Dogecoin Soars With 45% Rally: DOGE To $0.35 This Weekend?
Dogecoin Breaks Out: What’s Happening
Dogecoin has long been stuck in a loop, unable to break past its $0.20 price barrier in the long term. However, with Bitcoin’s recent surge to $120K, Dogecoin has finally managed to break the spell, rising to hit $0.27 in the process. This current surge has primarily been fueled as Doge successfully soared above the $0.25 price level, which was a key placement, a resistance level stopping the token from moving ahead. In addition to this, constant whale accumulation, with DOGE whales adding 1.08M Dogecoin tokens in the last 48 hours, has also helped the token spike 40% in the process.
Dogecoin has joined the party, now worth $40 billion. pic.twitter.com/2aeisp1Ich
— The Kobeissi Letter (@KobeissiLetter) July 20, 2025
That being said, Ali Martinez, a notable cryptocurrency analyst, has shared how Dogecoin is now on the verge of hitting two leading milestones in the future. Per Ali, Doge is now eyeing $0.33 and $0.40 as next potential price targets, which could change the game for the token in a promising way.
“Dogecoin $DOGE is breaking out! As long as the $0.25 support holds, $0.33 and $0.40 become a magnet.”
Dogecoin $DOGE is breaking out! As long as the $0.25 support holds, $0.33 and $0.40 become a magnet. pic.twitter.com/vjNqg6BaGO
— Ali (@ali_charts) July 20, 2025
Dogecoin 2025 Outlook
As per CoinCodex, DOGE may soar to stabilize at $0.31 in the near future.
“According to our current Dogecoin price prediction. The price of Dogecoin may rise by 21.34% and reach $0.326983 by July 20, 2026. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 72 (greed). Dogecoin recorded 19/30 (63%) green days with 13.06% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
However, for now, the altcoin index is showing strong signs of a gradual surge, sitting at 53 at press time. If the market continues to favor the altcoins, doge may secure better gains before the end of the year 2025.
Also Read: Cardano (ADA) & Dogecoin (DOGE) Price Prediction For July End 2025