The post Dogecoin (DOGE) May Surge to $1.60 This Year: Analyst appeared on BitcoinEthereumNews.com.

Dogecoin may target $1.60, per analyst Reality check for Dogecoin Pseudonymous crypto analyst Trader Tardigrade has published a bullish outlook for the most popular meme-themed cryptocurrency, Dogecoin, for this year. The trader believes that, powered by the current bullish reversal on the crypto market, Dogecoin could go up and reach levels close to $2 per coin. Dogecoin may target $1.60, per analyst Trader Tardigrade shared a DOGE/USD chart with a classic example of fractal analysis. The trader spotted a recurring pattern over the past decade, and he told the crypto community that the likelihood of similar explosive Dogecoin growth occurring again is high this year. XRP Breaks Out: $1.92 Emerges as Technical Target, Bitcoin Recovers to $71,000 Fueled by Quarter Billion in Short Liquidations, Cardano Sees Massive 230 Million ADA Whale Redistribution: Morning Crypto Report Ripple CEO Says Clarity Act Is About Protecting Interests of Americans The trader identified the “bullish breakdown” pattern on the chart. A breakdown shows an asset’s price falling below a support line and, thus, showing a bearish sign. The chart shows that before every tremendous bull run staged in 2017 and 2021, the meme coin’s price briefly went down below the local support level. Crypto analysts usually believe that during such price dips, the market shakes out “weak hands” and short-sellers before it starts going up again, leaving those behind. The analyst’s chart shows that a similar breakdown is taking place at the moment, with DOGE trading at a support zone around $0.07-$0.09 after a 3.4% surge over the past 24 hours. The expected breakout this year, according to Trader Tardigrade, is $1.60 and $2.20. This would significantly exceed Dogecoin’s all-time high of $0.70 reached in May 2021. You Might Also Like Reality check for Dogecoin However, the community should bear in mind that in…

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Filed under: News - @ March 4, 2026 8:25 pm