Dogecoin (DOGE) is back on the radar. After struggling to maintain bullish momentum, the DOGE price has dropped 30% and is currently hovering above the crucial support of $0.20.
In the July bull rally, Dogecoin soared 80% reaching a 5-month high of $0.287. Despite this strong rebound, it has failed to maintain the momentum, eventually declining to retest the breakout zone.
However, sentiment is still optimistic. The breakout from the long-term declining channel pattern is still intact, and analysts believe a bull reversal is around the corner.
Will Dogecoin have a 3rd and even larger pump this bull cycle? Fall 2025 could be wild for $DOGE! pic.twitter.com/q4dlxKzOqV
— KrissPax (@krisspax) August 6, 2025
Dogecoin analyst, KrissPax, recently posted his analysis on the long-term price cycle. According to this analysis, DOGE remains in an accumulation/consolidation period before an upward rally. A similar structure can be seen in the current price action of Dogecoin. It has been consolidating for the last six months, which Kriss calls an accumulation zone.
He further added, “Fall 2025 could be wild for DOGE!” However, the crypto has many barriers to overcome in this accumulation zone. As enthusiasm builds around Dogecoin price prediction, other new potential memes could see a historic rise.
The standout meme coin contender of the season is Maxi Doge (MAXI). It recently launched the presale and has already raised $440,000, a blockbuster performance despite weakness in the broader crypto market.
Dogecoin Price Prediction: Forecast Says It Could Soar To $1.2
Dogecoin, the fun and community-driven crypto has cooled off after a strong rally. While DOGE often moves based on hype, it remains a favorite among retail investors.
The Dogecoin price has been trading in a clear downtrend for the last two weeks. The meme coin has not been able to recover despite increased buying activity and a rise in network activity.
Trader Tardigrade, a prominent crypto analyst, notes that the price macro chart is following the ascending broadening wedge pattern. The analyst forecasts it might rally to $1.2 if the pattern plays out.
$Doge/weekly#Dogecoin is moving within an ascending broadening wedge.
The next target at the top of the wedge is set at $1.4 ? pic.twitter.com/j5eYJOvojX— Trader Tardigrade (@TATrader_Alan) August 5, 2025
He expects the Dogecoin price to lead the next memecoin rally while setting the price target at the top of the wedge trend line.
At the moment, CoinMarketCap data shows the DOGE price is consolidating above the $0.20 zone. If the broader market remains volatile, DOGE may continue to move unpredictably. But the correction has also sparked fears of short-term resistance levels. Technical analysis suggests that it may consolidate before attempting another push toward reclaiming its highs.
While Dogecoin might not be able to replicate similar explosive moves due to its large market cap, the upcoming rally would create a massive bullish outlook for new meme coins like Maxi Doge.
Maxi Doge (MAXI): The Emerging Meme Catching Everyone’s Eye
While the Dogecoin price prediction has sparked optimism in the crypto market, Maxi Doge (MAXI) is the cryptocurrency in the spotlight. MAXI – the rebellious younger cousin of Dogecoin and Shiba Inu, watched from the sidelines in the 2017 and 2021 meme coin boom.
But now he has hopped on “MAXITREN,” with ripped body, life-changing 1,000x leverage, he’s sipping redbull, in a room by himself and ready to rise in rankings.
Maxi Doge believes in an “only win” mindset; therefore, No Stop Loss in the system. Sure, it is a double-edged sword, but the big winnings come from this mindset only. MAXI wants you to enjoy max gains in the upcoming meme coin madness.
Drawing strong attention from both retail and institutional investors, this new meme boss raised $100,000 within minutes of its presale launch. Now, the funds have shot up nearly $500k. The token is priced at $0.000251 in the current stage. This price will continue to rise across several stages. The project has a hard cap of $15,760,176, with 40% of its total supply allocated for this phase.
Dogecoin may still have potential, but its price remains highly volatile, and the upside looks limited. As market trends shift and DOGE predictions change, many investors are now turning their attention to newer alternatives like MAXI, which could be the next big opportunity.
