Dogecoin (DOGE) Eyes $1, While MAGACOIN FINANCE Analysts Call It the Next 75x Breakout Play
The post Dogecoin (DOGE) Eyes $1, While MAGACOIN FINANCE Analysts Call It the Next 75x Breakout Play appeared on BitcoinEthereumNews.com.
Meme coins remain one of the most interesting sectors in the cryptocurrency market. Despite market cycles, their capacity to surprise investors with sudden rallies has ensured that they maintain positions in the investors’ portfolios. Among them, Dogecoin remains a subject of interest for its suggested climb near the symbolic $1 milestone. However, Dogecoin is not the only coin that is being watched over by analysts. Predictions of explosive growth surround a newly established presale project, MAGACOIN FINANCE. Some analysts argue it might repeat Dogecoin’s early stages and provide a 75x breakout in 2025. This tie between the two tokens has led to increasing interest from retail and institutional investors alike. Dogecoin Builds Toward $1 Target Dogecoin is currently trading within an ascending megaphone pattern. Historically, this feature has produced big breakouts in the price. Analysts note the growing formation has a target of $1. The rising megaphone has higher lows gradually increasing and higher highs spreading, indicating increasing momentum. In the case of Dogecoin, the pattern has been developing since mid-2023 and is still holding in 2025. This pattern sets up a structure for potential rallies as long as the buyers maintain control. Historical Rallies Confirm Uptrend This outlook is also supported by historical evidence. Since 2023, Dogecoin has been following a consistent pattern of accumulation, breakout, and consolidation. For instance, the meme coin consolidated around $0.06 in late 2023, then rose to above $0.15 in early 2024. After each upward move, DOGE retreated into consolidation zones before repeating the cycle. Analysts believe this action gives weight to the overall bullish framework that might ultimately drive DOGE to $1. Tight Consolidations Before Steep Rallies One analyst, Trader Tardigrade, points out other shorter-term cycles that put Dogecoin’s strength in perspective. His chart displayed repetitive tight consolidations followed by strong rallies. The…
Filed under: News - @ October 4, 2025 10:29 pm