Dogecoin Price Peaks Linked to Increases in Retail Futures Trading Activity

Dogecoin (DOGE) has increased by 48.7% in the past month as the crypto market improves amid reduced global tariff war concerns. Analysts suggest DOGE may still have potential for further gains before hitting a cycle peak.

Analyst Signals Potential Dogecoin Top

Retail futures trading activity often aligns with DOGE price tops, according to analyst burakkemeci's post on CryptoQuant.
A chart shows red bubbles indicating periods of excessive retail trading that coincide with major price peaks.
Green and pink bubbles represent lower retail participation, suggesting healthier market conditions.
Monitoring red bubbles can help anticipate short-term price corrections due to increased market greed.
Current futures activity is neutral, indicating DOGE may have room for growth.

Analyst Anup Dhungana noted a breakout from a long-term falling wedge pattern, suggesting potential price rallies. He forecasts DOGE could reach $1 in this market cycle.

Focus on $1 Target

The $1 price point is a significant goal for Dogecoin supporters; it previously reached a high of $0.73 in 2021.
Some analysts believe DOGE could finally hit $1, with targets around $1.10–$1.25 suggested based on Fibonacci levels.
Ali Martinez warned that DOGE needs to surpass a resistance level at $0.36 to maintain bullish momentum.
Currently, DOGE trades at $0.22, showing a 1% increase in the last 24 hours.