This Dogecoin Setup Pushed Price From $0.002 To $0.7 In 2021. Why It Could Push Price To $2 This Time

Summary

A crypto analyst sees Dogecoin (DOGE) forming a long-term pattern similar to its 2021 breakout, when it surged from about $0.002 to above $0.72. He says DOGE has already completed two breakout phases in 2023–2024, retested support near $0.11, and started another upward leg in 2025 while trading inside a descending channel. On that basis, he projects a possible rally to $2, which would mean a gain of more than 2,700% from around $0.10. He also argues that market psychology could repeat: traders may dismiss DOGE at low prices, remain skeptical during intermediate gains, then chase it near $1 as FOMO returns, before regretting missing the move if it reaches $2.