Dogecoin Price Action Tracks 50 Arnaud Legoux Moving Average, A Rise in Sight?

Despite the increased volatility in the market, Dogecoin has shown robust resilience and is holding strong at key support levels. Given its capacity to maintain key support levels, many cryptoanalysts believe that the dog-themed meme coin still has the potential to rise massively throughout the year.

Next massive breakout for Dogecoin in 2025

As the market shows increasing optimism, crypto trader and expert Trader Tardigrade predicts 2025 as a bullish year for Dogecoin that could produce its biggest rally. The expert’s prediction is part of a larger view of the DOGE’s ability to hit a new all-time high within the year, suggesting that the bull cycle is not yet over.

To dive into DOGE’s price actionhighlighted Trader Tardigrade that the meme coin is in line with the 50-period Arnaud Legoux Moving Average (ALMA). Known for its sensitivity to price trends, this technical indicator is able to gauge a crypto asset’s next move.

An adjustment to this key indicator often indicates a possible change in momentum, which could open the door to a large increase in Dogecoin’s value. In the past, notable bullish movements has preceded similar interactions with ALMA, raising expectations for a breakout for DOGE.

Trader Tardigrade noted that this pattern is perfectly synchronized with the last market cycle from 2018 to 2020. As a result, he believes that meme coin “is in the middle of a rise”, possibly to a new record high in 2025.

It is worth noting that the expected bullish breakout could reach as high as the $2.4 price mark, as indicated in the expert’s chart. DOGE’s breakout to this crucial level could trigger further upside growth as many expect a change to $6 or $10 milestone in the current cycle.

Will DOGE’s Rally in the current cycle be bigger than in the past?

Dima James Potts too predicts a large parabolic feature for DOGE in 2025with reference to past price trends and market cycles. His prediction is based on a year-4 cycle theory, as each cycle experiences a price increase greater than the last.

In the first cycle, DOGE saw a significant increase of about 9,404%. Meanwhile, the second cycle recorded an almost 3 times growth than the first, with an increase of over 26,626%. Comparing previous cycles, James Potts argues that the fourth year of each cycle has been the most significant for these performances, suggesting a repeat of the trend.

It is important to note that 2025 marks the fourth year of cycle 3. With each cycle larger than the last, the analyst expects a more significant parabolic rise within the year, driven by the widespread use of Dogecoin and expanding technological advancements.

Seam institutions around the world are becoming more interested in cryptocurrency assetswarns James Potts that those who have a low target based on market capitalization would be left in disbelief.

Featured image from Unsplash, chart from Tradingview.com