Will Dogecoin Rise Even Higher? The Main Harmonic Model Indicates a Price Increase Movement

After a difficult start in 2025, when even Ethereum fell 45% in Q1, the crypto market is finally showing signs of recovery. ETH has risen 12% in the past week and this bullish momentum is now spreading to memecoin — with Dogecoin (DOGE) showing one of the most attractive recovery patterns. In the memecoin group, Dogecoin (DOGE) — has recently undergone a significant correction — has managed to achieve a remarkable recovery. The memecoin has risen nearly 17% in just over a week, reducing its year-to-date losses to about 42%. Now, a classic harmonic pattern suggests that this recovery may continue further.

Harmonic Model Indicates More Bullish Dynamics The daily chart of DOGE, viewed through Heikin Ashi candles, shows a Bearish Cypher pattern — a harmonic pattern that often signals a bullish continuation until the key reversal zone. The structure begins at point X, marking a rejection from the highest level on February 14 at $0.2866. The price then drops to point A, followed by a recovery bouncing up to point B and another deep correction to point C, bottoming out around $0.1298 on April 7 — a 59% decrease from point X.

Currently, DOGE is completing the final leg, CD, with strong momentum pushing the price higher. If this pattern completes as expected, the next main target is point D, aligning with the 78.6% Fibonacci retracement level of the move from X to C — at around $0.2533. This marks a potential increase of 38% from the current price of $0.1827. What Will Be the Next Step for DOGE? DOGE is entering a key resistance zone on leg CD — an area that could trigger profit-taking or accelerate quickly depending on the momentum. Before reaching the final point D, this coin must first surpass the intermediate resistance level at $0.1896, which coincides with the Fibonacci retracement level of 0.382. A solid breakout from there could send DOGE soaring towards the ultimate Cypher target much faster. Technically, the structure remains solid in the bullish trend. The MACD has moved into positive territory, continuing to support the ongoing bullish trend — at least in the short term.