 
 
Dogecoin (DOGE) traded comparatively flat on Thursday, mirroring lackluster actions which have persevered for the reason that starting of the month.
Notably, makes an attempt to recuperate final week, after costs rebounded from a flash crash to $0.20 earlier this month, have been watered down, with the highest meme coin wiping out all of final week’s good points.
This silent worth motion comes amid a broader market pattern. Additional evaluation reveals that key on-chain metrics, similar to each day lively addresses and transaction volumes, have remained comparatively flat.
On-chain information additionally signifies a notable decline in whale exercise. On Thursday, analyst Ali Martinez noticed that giant DOGE holders have adopted a “wait-and-watch” method, with no vital shopping for or promoting exercise in latest days.
“Dogecoin DOGE whales have stayed on the sidelines through the latest volatility, displaying little to no vital shopping for or promoting exercise,” Martinez tweeted, suggesting a cautious sentiment amongst main traders, which is contributing to the present worth stability.
 
However, amid this worth lull, analysts proceed to evaluate this era as “the calm earlier than the storm,” actively predicting triple-digit share good points.
In style crypto analyst Dealer Tardigrade tweeted his outlook on Thursday, saying that Dogecoin has entered the “Boring Part.” In line with the pundit, merchants ought to “Count on tight consolidation on the present stage over the subsequent few weeks earlier than the huge DOGE rally.”
Notably, the chart accompanying his tweet in contrast Dogecoin’s latest flat pattern in February 2025 to the same sample earlier than a significant rally in late 2017, suggesting DOGE could expertise weeks of tight worth consolidation earlier than a major upward rally if historical past repeats.
Earlier on Wednesday, the pundit additionally posted one other evaluation referencing Dogecoin’s weekly Stochastic RSI, a technical indicator that measures momentum. His evaluation confirmed a crossover within the oversold zone, sometimes signaling a possible worth rebound, supporting a bullish goal of $1.50 per coin based mostly on a goal worth inside an ascending channel.
Elsewhere, analyst Dima Potts predicted that Dogecoin might surpass $10, citing a historic sample of peaks occurring each 4 years. He highlighted that the primary cycle noticed a 21,821% surge over 1,442 days, whereas the second adopted the identical timeline with an excellent larger 54,890% improve. Potts believes Dogecoin’s subsequent peak might arrive round mid-April 2025 if this pattern continues.
Nonetheless, he additionally warned that DOGE would seemingly expertise a decline earlier than its subsequent main rally.
“With latest worth motion, DOGE has maintained its historic sample. I anticipate Dogecoin to steadily transfer towards the purple line or the $0.28 vary, much like earlier cycles. Past this stage, we should always see elevated volatility, with costs consolidating earlier than pushing towards new yearly highs and ultimately all-time highs.” He wrote.
At press time, DOGE traded at $0.24, reflecting a 2.13% drop up to now 24 hours.
