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Crypto analysts have a shocking prediction for Dogecoin

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Crypto analysts initially appeared on The Street for shocking predictions by Dogecoin.

The cryptocurrency market has been gradually recovering from President Donald Trump’s tariff announcement, with domycin rising by about 3.5% in the past 24 hours.

While meme coins have been up and down over the past few months, popular crypto analyst Ali Martinez is watching historic moments of breakthrough.

Martinez, known on X as @Ali_Charts, shared a Doge Price analysis chart on August 7.

According to the chart, Dogecoin trades in long-term upward channels, and goes online in long-term upwards, and goes online as resistance, while the downwards serve as support. It is characterized by the price action over a long period of time placed in upward sloping parallel lines, high and higher lows.

Join Scott Melker for the discussion here.

As highlighted in the charts, 2017 and 2021 were historic touchpoints, leading to two large bullfighting matches.

The first transaction that caused meme coins to rise by more than 9,000% to trade at the end of January 2018 at $0.01857. The second caused it to soar more than 13,000% to $0.73,355 in May 2021.

In fact, during the bullish cycle in May 2021, Doge's all-time high (ATH) was 0.7376.

Martinez believes there is another historic touchpoint now.

“Dogecoin $Doge is trading within a historic buying zone that repeatedly triggers a cycle of the past!”

Dogecoin is a pioneer, the largest meme coin with a market capitalization of $34 billion. At press time, it traded at $0.2263.

Crypto analysts' shocking predictions for Dogecoin first appeared on TheStreet on August 8, 2025

This story was first appeared on August 8, 2025 by TheStreet.