Dogecoin is holding its long-term rising support line while analysts point to a possible $5-$10 move in the next bullish phase. However, DOGE still needs to break the $0.70-$0.80 resistance zone before the larger target gains strength. Dogecoin Monthly Chart Shows $5 to $10 Target as Long-Term Support Holds Dogecoin is holding a long-term rising support line on the monthly chart shared by MikybullCrypto on X, with the analyst pointing to a possible move toward the $5-$10 range. The DOGE monthly chart shows a similar structure to the previous cycle. In the earlier setup, Dogecoin moved inside a tightening range, touched rising support several times, then broke sharply higher. DOGE/USD Monthly Price Chart. Source: MikybullCrypto on X The current structure shows DOGE again holding above rising support after a long consolidation phase. The chart also marks repeated support reactions near the trendline, suggesting buyers are still defending the long-term base. The upper resistance area sits near the previous cycle high zone around $0.70-$0.80. DOGE would need to break that area first before the larger bullish target becomes more relevant. The purple projection on the chart points to a much larger move, with MikybullCrypto 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. That adds to the analyst’s bullish view, but it does not confirm a breakout yet. For now, the chart shows long-term accumulation with support still intact. Dogecoin needs to hold the rising trendline and reclaim major resistance before the $5-$10 target can gain strength. Dogecoin Bullish Sentiment Builds as Analysts Point to DOGE/BTC Strength Dogecoin sentiment is turning bullish again after Ryker said the DOGE/BTC and DOGE/USDT charts both look strong for the long term. The analyst described DOGE as the leading meme coin and compared its role in the meme sector to Bitcoin’s role in the wider crypto market. Ryker also said Dogecoin “never dies,” pointing to the coin’s long market history and its continued position as the most recognized meme asset. The post did not include specific price levels, support zones, or resistance targets. Because of that, 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, it means 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. For now, the post shows rising confidence around Dogecoin, but it does not confirm a breakout. DOGE still needs clear chart levels and stronger price action to support the bullish view.
