New Evidence Suggests Dogecoin (DOGE) Is Going Above the $1 Mark

The crypto market has been wild lately. On October 11, many top coins fell sharply, making traders nervous. But Dogecoin stayed strong. Its chart still looks solid despite the chaos.

An analyst from X, Bitcoinsensus, says Dogecoin’s long-term outlook is still bullish. The uptrend is intact as long as the price stays above the rising support line. If that structure holds, DOGE could still be gearing up for a much bigger move.

Dogecoin Price Still Moving Inside a Logarithmic Uptrend

The chart shared by Bitcoinsensus shows Dogecoin trading within a large rising channel that began around early 2023. This setup is called a logarithmic uptrend. It means each major rally gets larger, but also takes longer to form as the price scales upward.

Each time DOGE hit the lower support, it bounced back fast. In early 2024, the price went from $0.08 to $0.23, a 290% rise. Then in 2025, it jumped again to nearly $0.50, up about 440%.

This repeating structure suggests Dogecoin’s trend is still guided by the same long-term momentum. The lower support line acts like a floor for price action, while the upper line represents a potential ceiling where the next rally might reach. As long as the DOGE token stays within these lines, the macro trend remains bullish.

@Bitcoinsensus / X DOGE Price Projection Toward the $1–$1.40 Zone

Using the same pattern, the upper line of the channel now aligns with the $1 to $1.40 range. That zone represents where the next major wave could potentially reach if momentum continues. The chart points to a possible +740% rise from the current levels to the upper boundary.

This doesn’t mean Dogecoin will go straight up, but it shows that the path is still open. The structure continues to form higher highs and higher lows, which usually signals strength in long-term trends.

The analyst behind Bitcoinsensus also notes that Dogecoin’s progress remains tied to Bitcoin’s general movement. If Bitcoin keeps trending higher, Dogecoin could follow the same direction, possibly breaking past the $1 mark for the first time.

What the Trend Says About Dogecoin’s Future

Even during heavy volatility, the Dogecoin price continues to respect its long-term structure. That is what makes this setup stand out. The DOGE token has shown a steady rhythm pullbacks to support followed by strong recoveries.

Read Also: What’s Next for Sui Price After the Latest Crypto Market Collapse?

This pattern gives confidence that Dogecoin is not just a short-lived hype coin anymore. It has evolved into an asset that moves with structure and technical consistency. Holding above the rising channel means the long-term buyers are still in control, and that’s a strong sign for any bullish continuation.

Dogecoin’s long-term chart is clear. The same pattern that fueled every big rally since 2023 is still holding. If it continues, DOGE could climb to $1 or even $1.40 before the next correction starts.

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The post New Evidence Suggests Dogecoin (DOGE) Is Going Above the $1 Mark appeared first on CaptainAltcoin.