Dogecoin (DOGE) Price Prediction: Dogecoin Eyes $1 Rally Amid $175M Treasury Push

This development comes as DOGE holds firm above key support near $0.205, with traders watching both macroeconomic signals and whale activity for clues on whether the Dogecoin value can sustain momentum.

Analysts Point to Bullish Technical Setup

Market experts note that Dogecoin is still following a long-term logarithmic uptrend, a pattern historically linked with impulsive rallies. According to analysts at Bitcoinconsensus, DOGE has entered a zone where a bullish breakout appears increasingly likely.

Dogecoin is building momentum on the weekly timeframe, with analysts eyeing a potential rally toward the $1–$1.40 range. Source: Bitcoinsensus via X

“Each historical rally has surpassed the previous one,” explained the analysts, suggesting that the next move could push the Dogecoin value toward the $1 to $1.40 range. Some more aggressive forecasts even see a path to $2, representing an 850% gain from the Dogecoin price USD levels seen in early September.

Technical signals support this outlook. Momentum indicators, such as the RSI, are turning more positive, while the MACD is flattening, both of which hint at a potential bullish shift. On the chart, resistance sits near $0.245, and a confirmed breakout above this level could accelerate gains toward $0.38 before eyeing higher targets.

Dogecoin Whale Activity Remains Subdued

On-chain data reveals that Dogecoin whales—wallets holding between 10 million and 100 million DOGE—control roughly 24.19 billion tokens. However, their trading activity has remained relatively flat in recent weeks.

Dogecoin $DOGE whales remain inactive, with no significant buying or selling pressure observed in recent weeks. Source: Ali Martinez via X

Crypto analyst Ali Martinez noted that this lack of large-scale buying or selling suggests whales are “waiting for clearer signals” before committing to major moves. Historically, some of Dogecoin’s most explosive rallies have been triggered by heavy whale accumulation followed by broad retail participation.

This dynamic raises a key question: will Dogecoin go up if whales remain on the sidelines, or will retail momentum alone drive the next surge?

Treasury Plan and Market Reaction

Interestingly, despite CleanCore Solutions announcing its $175 million Dogecoin treasury plan, the company’s stock price dropped by more than 50% on September 2, closing near $3.23. This highlights skepticism among traditional investors about such a large allocation into crypto Dogecoin at a time of broader market uncertainty.

A $175M DOGE treasury boosts funding, utility, and credibility, making $DOGE a sustainable digital asset. Source: 𝓣 𝓞 𝓟 𝓓 𝓞 𝓖 𝓔 via X

However, for the Dogecoin market cap, the treasury fund represents a meaningful commitment and could offer stability. Increased liquidity and corporate backing often play a role in boosting confidence among retail traders.

Consolidation Phase May Be Ending

Dogecoin has spent the past two months consolidating in an ascending triangle pattern, supported by the $0.20–$0.21 range. Weekly trading volumes surged to $13.49 billion in late August, a sign that traders are positioning ahead of the next decisive move.

If Dogecoin clears the $0.245 resistance convincingly, the Dogecoin price chart suggests a run to $0.38, marking a potential 75% gain from current levels. Beyond that, the focus shifts back to the psychological $1 mark, especially if macroeconomic catalysts such as Fed rate cuts provide tailwinds.

Looking Ahead: Can Dogecoin Reach $1?

The latest Dogecoin news paints a mixed but intriguing picture. On one hand, technical setups and CleanCore’s treasury initiative provide optimism for a rally. On the other hand, subdued whale activity and weak confidence in related equities reflect market caution.

Dogecoin was trading at around $0.22, up 1.99% in the last 24 hours at press time. Source: Brave New Coin

Meanwhile, Dogecoin price forecast ranges from short-term goals of $0.38 to medium-term expectations of $1 and above. Whether the future of Dogecoin is bright with such success still hinges on a combination of macroeconomic conditions, institutional backing, and retail sentiment.

While investors debate whether to invest in Dogecoin or wait for further verification, one question stands out above the rest: Will Dogecoin hit $1, or will resistance again extinguish the most well-known meme token?