Dogecoin Price Surge to $2.1? Analysts Predict 1,500% DOGE Breakout Ahead

Dogecoin has been under heavy pressure over the last few months, but analysts are beginning to point toward a potential Dogecoin price surge. After hitting a 2-year high in November 2024, the meme coin has suffered a steep correction. It has lost over 50% of its value in less than six months. This DOGE price has been accompanied by a significant drop in trading volume, indicating low interest among retail and institutional traders alike.

DOGE Volume Collapse Sparks Concern

Back in mid-November 2024, Dogecoin saw a massive surge in trading activity, with daily volumes crossing $60 billion. However, by the end of March 2025, that figure had collapsed to below $3 billion. This more than 90% drop in volume has only intensified concerns among investors. April hasn’t offered much relief either. Dogecoin’s average daily volume remains under $5 billion, suggesting that the crypto dump sentiment is still dominating the market.

This sharp decline in volume aligns closely with the ongoing DOGE price, indicating the bearish narrative. As liquidity goes up, price volatility becomes more unstable, often leaving long traders exposed. On a Sunday, over $4 million in DOGE long positions were liquidated. More than 80% were from long traders; declines mounted due to the bearish pressure. 

Market Turmoil Deepens DOGE Plunge

Former President Donald Trump’s tariffs have triggered the worst market crash since 2010. As a result, the sell-off has spread to the cryptocurrency markets, causing a decline in prices. Bitcoin has tumbled toward $80,000. While Bitcoin is down around 25%, Dogecoin has plunged, emphasizing the scale of the ongoing DOGE price.

Technical analysts are starting to notice signs of recovery despite the macro environment. Technical indicators that show patterns similar to past bull cycles are a sign of a potential reversal.

Analysts Predict Dogecoin Price Surge

Crypto analyst Trader Tardigrade recently pointed out that technical indicators on Dogecoin’s chart resemble patterns from 2016 and 2021. It showcases that both of them preceded major rallies. He shared an analysis on X (formerly Twitter) highlighting a fractal formation that has historically preceded a Dogecoin price surge.

Dogecoin is about to Surge again 🔥 pic.twitter.com/QZ35KbNrcl

— Trader Tardigrade (@TATrader_Alan) April 6, 2025

According to Tardigrade, if history repeats, DOGE could be eyeing a massive run-up, potentially gaining as much as 1,500% and reaching $2.1. While this prediction might seem overly optimistic amid the current crypto dump, it repeats the sentiment of those tracking long-term technical indicators and macro cycle patterns.

Bullish Sentiment Builds Amid Bear Dominance

While the bears have dominated the market in recent months, the Dogecoin bullish trend is far. Many in the community still see DOGE as a long-term play, especially with increasing speculation around broader crypto adoption and potential integrations. If DOGE continues to support bullish momentum and volume returns, the potential for a Dogecoin price surge remains strong. Dogecoin has historically recovered from comparable lows with support levels, despite the recent decline in price.

Final Thoughts: Dogecoin Price Surge Incoming?

The upcoming months could be critical. A recovery in trading volume might signal renewed interest and capital inflows. If that aligns with favorable macro conditions and cycle alignment, the market may once again witness a Dogecoin price surge. 

As of now, strategic traders are keeping a close watch, monitoring the charts. They’re waiting for the next breakout to confirm the rising Dogecoin bullish trend amid the ongoing crypto dump.