Dogecoin Price Prediction – Whale Activity Spikes as Analyst Predicts a Rally to $1 in 2025

Highlights:

• Dogecoin price pushes into a consolidation channel, currently at the $0.15 mark, as trading volume drops 22%.
• Whales have unloaded over 570 million DOGE in the past week, as optimism rises of a potential rally.
• The crypto analyst has highlighted a potential spike in Dogecoin price to $1 in 2025.

The Dogecoin price (DOGE) remains set to recover to the limelight as a meme coin, bringing back the crowds day after day. According to research analysts, Dogecoin will reach its historical price target of $1 by 2025. In the present Dogecoin chart, the future substantial price rise foreseen is evidence to predict the price resilience. The meme coin is currently consolidating within a rectangular channel, as its daily trading volume drops 22%. 

Meanwhile, the whales have unloaded over 570 million DOGE in the past week. This recent whale activity suggests increased optimism in the market. This may trigger a rally in the DOGE market, with the bulls targeting the $0.25 resistance mark in the short term. 

Whales have unloaded over 570 million #Dogecoin $DOGE in the past week! pic.twitter.com/rBhd4beokH

— Ali (@ali_charts) April 18, 2025

Dogecoin Price Outlook

The dog-themed meme coin is range-bound, oscillating between $0.14 and $0.17. It is currently at $0.15, almost a 1% drop. The Dogecoin price trades below key moving averages, suggesting some bearish sentiment. The immediate resistance lies at $$0.17, coinciding with the 50-day MA, and $0.25, aligning with the 200-day MA. If the sellers keep dominating the DOE market, the meme coin could drop below the consolidation channel. This will cause Dogecoin to drop to the $0.1405 support area. 

On the other hand, the consolidation channel may act as an accumulation period, triggering a rally. The technical indicators show a potential surge, as the Relative Strength Index has spiked from the undervalued region to 43. Increased buying appetite could cause a rise in Dogecoin price as the SI flips above the 50-mean level. 

The MACD indicator notably shows a potential rally in the meme market. This is manifested by the blue MACD line flipping above the orange signal line, calling for traders and investors to buy more DOGE. 

Can DOGE hit $1?

If buyers take advantage of the technical indicators and buy more DOGE, the dog-themed meme coin could rally. In such a case, the bulls could target the $0.17 resistance area. If the bulls flip this level into support, further upward movement could see the bulls target $0.20, $0.22, and $0.25. 

Meanwhile, in early 2025, Dogecoin price movements appeared to give signs of momentary strength, but it entered a period of consolidation. According to crypto analyst Chris (@StonkChris), the channel pattern has been rising since October 2023. Dogecoin May Hit $1 According to His Prediction. Dogecoin may rise to a target between $1 and $1.10 by summer 2025. 

$DOGE to $1 by the end of the summer 2025 anyone? pic.twitter.com/zxUTNA3epx

— Chris (@StonkChris) April 17, 2025

Chris says that technical indicators like stochastic RSI and Ichimoku cloud patterns indicate that Dogecoin is set up to move up in a bullish fashion. Given that Dogecoin could grow and achieve $1, it will have the opportunity to pass $0.30, which will be the next resistance level. If Dogecoin comes out on top to get to this development point, it might go through a frenzied price growth akin to that of 2021.