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Analysts MikybullCrypto and Ryker are pointing to bullish momentum for Dogecoin, with MikybullCrypto identifying a potential $5–$10 price target in the next bullish phase based on monthly chart analysis. The current market structure shows DOGE holding a long-term rising support line after a consolidation period, mirroring patterns from previous cycles. However, the coin must first break through the $0.70–$0.80 resistance zone before the larger target becomes more actionable. Dogecoin's position as the leading meme coin and its strength against Bitcoin (DOGE/BTC) and in direct dollar terms (DOGE/USDT) are reinforcing the bullish case among analysts tracking the asset's long-term trajectory.
MikybullCrypto's Monthly Chart Analysis
MikybullCrypto shared a monthly chart showing Dogecoin holding above a long-term rising support line, with the analyst pointing to a possible move toward the $5–$10 range. The DOGE monthly chart displays a structure similar to the previous cycle, where the coin moved inside a tightening range, touched rising support multiple times, then broke sharply higher.
The current setup shows DOGE again holding above rising support following a long consolidation phase. The chart marks repeated support reactions near the trendline, indicating buyers are defending the long-term base. The upper resistance area sits near the previous cycle high zone around $0.70–$0.80, which DOGE must break before the larger bullish target becomes more relevant.
The purple projection on MikybullCrypto's chart points to a larger move, with the analyst calling for $5–$10 in the next bullish phase. However, that target depends on a strong monthly breakout, not just support holding. The lower indicator also sits near an oversold zone, similar to earlier accumulation phases, adding to the bullish view. For now, the chart shows long-term accumulation with support still intact, and Dogecoin needs to hold the rising trendline and reclaim major resistance before the $5–$10 target can gain strength.
Ryker's Bullish Sentiment on DOGE Strength
Ryker stated that the DOGE/BTC and DOGE/USDT charts both look strong for the long term, describing Dogecoin as the leading meme coin and comparing its role in the meme sector to Bitcoin's role in the wider crypto market. The analyst noted that Dogecoin "never dies," pointing to the coin's long market history and its continued position as the most recognized meme asset.
Ryker's post did not include specific price levels, support zones, or resistance targets. The bullish view is based more on market positioning and chart confidence than on exact technical levels. DOGE/BTC remains important because it shows whether Dogecoin is gaining strength against Bitcoin—if the pair rises, DOGE is outperforming BTC. DOGE/USDT also matters because it tracks Dogecoin's direct dollar price action. A stronger move on both pairs would support the broader bullish case.
