Usman Salis
Dogecoin (DOGE), long known for its unpredictable rallies and meme-fueled price action, is once again gaining traction. As DOGE trades near $0.24448, technical analysts are pointing to long-term Fibonacci extension levels that may open the door to much higher targets—including the bold $3.00 mark.
While speculative, the chart suggests this isn’t just a meme—key levels are aligning with historical breakout behavior.
DOGE Price Gains 4.89% as Bulls Reclaim $0.24 Zone
DOGE price has climbed 4.89%, pushing back above the $0.236 Fibonacci retracement at $0.21432. This zone now acts as a support level, reinforcing the bullish outlook. The RSI on the 3-day timeframe is showing upward momentum, suggesting DOGE could continue higher in the near term.
If the uptrend continues, the next resistance levels are found at $0.31641 (0.382 Fib), $0.38922 (0.5 Fib), and $0.48143 (0.618 Fib)—all of which were major zones during past cycles.
Dogecoin Price Prediction: $3.00 Target Based on Fibonacci Extensions
The Fibonacci extension tools plotted on the chart indicate long-term price projections beyond $1.00. Key levels include the 1.618 extension at $1.18067, the 2.618 level at $1.87992, and the 3.618 at $2.57916. Notably, the 0.236 long-term extension level sits at $3.01129, making $3.00 a technically viable long-range target.
While reaching $3.00 would require a massive shift in sentiment and volume, the setup exists on the chart. Given Dogecoin’s historic tendency to defy expectations, the potential for another surprise rally cannot be ruled out.
Usman Salis
