Dogecoin tests key support, analyst projects 300% rally

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DOGE retests support. Analyst maps 300% move.

Dogecoin is back at long‑term support. A 300% range move is in play, per Will Taylor.

Taylor’s weekly DOGE/USDT chart shows price near $0.09006. Price presses the lower edge of a multi‑year bull pennant.

“Weekly RSI looks compressed,” he wrote. “We revisit an accumulation zone and bottom of a wider range.” He adds this sits at the heaviest volume node, often a reversal area.

Dogecoin price analysis

His chart marks ~$0.27304 as target. The label shows 302.43% upside from here. The setup assumes a move back to the range top.

Why this zone matters:

“If you accumulate and only play the range itself you’re looking at 300% to the upside,” he said on X. “Great for a spot buy technically though imo.”

Taylor also shared a DOGE/gold weekly view. It shows a support retest after a long drawdown. RSI again looks subdued and near oversold on that pair.

DOGE/Gold

At the time of his post, DOGE sat near the range low. The bullish case hinges on holding support and rotating to the upper band.