Dogecoin Advances Toward $1.40 as Logarithmic Uptrend Gains Strength

Expanding Wedge Structure and Projections

DOGE’s price action follows a classic logarithmic growth pattern.

• Pattern: Broadening Wedge (ascending volatility, higher highs, higher lows)
• Historical Rallies:
  • First Wave: +290% to $0.23
  • Second Wave: +440% to $0.50
• Current Phase: Mid-channel consolidation after correction
• Next Target: $1.40 — a projected +740% surge from the base

This structure suggests increasing momentum with each cycle, driven by growing adoption and market maturity.

“Bigger and bigger waves” — Bright (@brightinweb3)

Strengthening Market Metrics and Liquidity

The fundamentals are aligning for a breakout.

• Current Price: $0.2322
• 24h Change: +6.93%
• Trading Volume: $2.89B (↑ 152.82%) — strong institutional and retail participation
• Market Cap: $35.03B — solidly in the top 10 cryptos
• Supply:
  • Circulating Supply: 150.85B DOGE
  • Fully Diluted Valuation = Market Cap → No future inflation
• Liquidity Health:
  • Volume-to-Market Cap Ratio: 8.25% — excellent for price efficiency and stability

This combination of high liquidity, fixed supply, and rising volume makes DOGE a prime candidate for a major move.

Next Potential Move and Support Levels

Key levels to watch as momentum builds.

• Immediate Support: $0.22 — critical zone for bulls
  • Loss of this level could lead to retesting $0.20–$0.30 range
• Next Resistance: $0.25 — breakout could trigger short squeeze
• Bull Case: Sustained volume and price expansion within the wedge → path to $1.40

The broadening wedge is not just a technical pattern—it’s a blueprint for exponential growth when volatility resolves upward.

Final Takeaway: The Next Leg of DOGE’s Ascent Has Begun

• ✅ Trading at $0.2322, up 6.93% on strong volume
• ✅ Broadening wedge pattern suggests a $1.40 target
• ✅ $2.89B daily volume, no supply inflation, high liquidity

Dogecoin is no longer just a meme.
It’s a technically sound, institutionally watched asset riding a proven growth cycle.

And in 2025,

the next $1.40 could be just one wave higher.