Dogecoin is getting some bold price calls this week. Crypto analyst Celal Kucuker laid out a detailed technical forecast that puts the memecoin's ultimate top near $1.61, while market expert Mikybullcrypto sees an even bigger move — a rally to $12 after a buy-in around $0.10. Both analysts point to chart patterns that suggest Dogecoin is setting up for a breakout, though not without a sharp pullback first.
Kucuker's descending channel and the $0.09 dip
Kucuker's analysis centers on a descending channel that's been forming since Dogecoin's peak in early 2025. He notes that the price has touched the upper boundary three times: first at roughly $0.517, then at $0.315, and now a third touch is expected at around $0.204. After that, he predicts a pullback to about $0.09 — a deep retracement that would shake out weak hands. From that base, Kucuker believes Dogecoin will break the channel and eventually reach $1.61. He also identified key levels to watch: resistance at $0.50, $0.30, $0.20, and $0.010, with support at $0.12, $0.08, and $1.60.
Mikybullcrypto's $12 target and the $0.10 buy zone
Market expert Mikybullcrypto is even more aggressive. He says the ideal buy zone for Dogecoin is around $0.10, and from there a strong bullish rally to $12 is imminent. His chart shows an ascending trend that dates back to 2014, with long-term targets ranging from $0.50 all the way to $50. While $12 might sound outlandish for a coin that's traded under $0.20 for most of this year, Mikybullcrypto's framework relies on the idea that the multi-year trend is still intact and that a breakout is overdue.
Why Elon Musk still matters for Dogecoin
Kucuker didn't just point to charts — he also named a catalyst that's been Dogecoin's biggest booster for years: Elon Musk. The Tesla CEO's ongoing ties to the coin, from accepting it for merchandise to his social media posts, have historically moved the price. Kucuker believes Musk's influence remains a critical driver for any rally. Whether that's enough to push Dogecoin past $1 — let alone $12 — is the open question, but both analysts are betting the pattern says yes.
The next concrete move to watch is that third touch of the channel's upper boundary near $0.204. If that plays out as Kucuker expects, the real test comes when Dogecoin drops toward $0.09. A bounce from there would set up the breakout. For now, the charts are talking — but Dogecoin has a habit of surprising everyone.
