Two analysts are pointing to bullish technical signals on Dogecoin charts, predicting the meme coin could rally as much as 500% from current levels. Analysts Javon Marks and Jonathan Carter each identified separate patterns — one on a three-day time frame, the other on a daily chart — that they say suggest buyers are regaining control. If the forecasts hold, Dogecoin would trade near $0.65, just shy of its all-time high, with a potential next leg above $1.
The MACD Divergence Signal
Javon Marks says a Bullish Divergence has been forming on Dogecoin's three-day MACD indicator since 2025. That pattern, according to Marks, points to a 500% price rally targeting $0.6533. That level sits just 11.4% below Dogecoin's all-time high of $0.73, reached in 2021. After hitting $0.6533, Marks projects a further rally to $1.25.
Breaking the Descending Channel
Jonathan Carter sees a different setup on the daily chart. He says Dogecoin broke out of a descending channel, a pattern that typically signals the end of a downtrend and the start of an uptrend. Carter described the move as evidence that bulls are taking control.
Target Prices and Profit-Taking
Carter laid out four upside targets: $0.135, $0.153, $0.182, and $0.206. He recommends selling and taking profits around $0.206. He noted Dogecoin may have further room to rally to $0.28 but still advises selling at $0.206. The two analysts' targets overlap only at the lower end — Marks' initial target is far higher than Carter's sell zone.
The discrepancy raises a question: can Dogecoin sustain momentum past $0.20 toward $0.65? The answer hinges on whether the MACD divergence continues to play out while the daily breakout holds. Neither analyst cited specific catalysts beyond the technical patterns.
