Here’s how high Dogecoin Price can go if it repeats the previous Parabolic Runs
Dogecoin price action has a the practice of silent suppression before going to the big meeting, and the recent 2024 rally is one of the clearest examples of that behavior. After spending weeks grinding sideways at around $0.10, the meme coin moved into a similar phase that carried the value to around $0.45 over a period of two to three months.
Now, how high would Dogecoin’s price go if it repeated that same parabolic structure?
How to play Dogecoin’s Late-2024 Parabolic Run
The 2024 rally started at a base that was still forming above $0.10, where Dogecoin spent a long time suffering selling pressure. When the buyers regained control, Dogecoin cleared the central resistance around $0.15 and $0.20 with a small pullback, then entered a vertical phase that pushed it to $0.30 and reached $0.45.
Related Reading
The key takeaway from that period is not just the magnitude of the move, but its speed, as Dogecoin delivered an almost 4.5x increase in a very short time window of less than four weeks.
That movement happened quickly, with little warning, and was characterized by increasing volume, strong bullish candles on the 4-hour candlestick time frame, and pressure indicators pushing into the hottest zone. As shown in the chart below, this period is characterized by high RSI readings that have crossed the 70 to 80 range.
Using the Parallel Parabolic Structure
Parabolic circles tend to catch many investors off guard. In particular, one of the defining features of the most powerful Dogecoin meetings is that they rarely announce themselves clearly. Since Dogecoin has done so in the past, it is therefore not out of the question to expect similar performance, especially considering that it has now bounced back. trading near lows that it reappeared in late 2024.
Related Reading
If Dogecoin would generate expansion of the same percentage from the higher base, the figures will also be correct. It uses $0.15 as a reference standard, a move equivalent to the late 2024 rally would bring the price to around $0.60 to $0.67.
That situation assumes the same type of rally seen before, where consolidation eventually turns into a parabolic rally, not a gradual decline. In practical terms, a trader holding 1,000 DOGE at $0.15 would have a position worth about $150 on entry, while a move anywhere between $0.60 and $0.67 would lift that same holding into the $600 to $675 range.
These statistics do not come with any suggested timeline. Instead, they serve to show how Dogecoin’s previous parabolic steps can translate if the same price behavior is used at current levels. Even under that framework, the proposed move is below The highest value of Dogecoin closed at 0.76 US dollar.
At the same time, different opinions are already pointing to pushing beyond that point, with one notable prediction we expect to move to $0.80 soon.
Featured image from Getty Images, chart from Tradingview.com
