Dogecoin (DOGE) price shows an increase that surpasses the $0.20 support area. The cryptocurrency market showed a minor recovery, which pushed DOGE to gain 15% over the past week. The meme currency shows potential for additional price appreciation as top traders predict that the DOGE price could climb to $8 in the near term.

Trader Says Dogecoin Price Will Soar to $8 After Breaking 3-Month Trendline

A recent analysis by a top trader indicates that the Dogecoin price broke above its descending trendline, which dates back three months. Since the cryptocurrency’s formation in January 2025, it has encountered descending pressure within its downward trendline.

The recent March 2025 price break represents an important development that has managed to spark widespread market interest.

Dogecoin price experienced a major price change, which might indicate the beginning of an upward movement in its market. Market participants maintain close observation of this upward trend because it indicates upcoming momentum within the coming weeks.

The leading trader just released his technical assessment which predicts Dogecoin (DOGE) will experience notable price fluctuation. According to his analysis the price movements in Dogecoin appeared as a bull pattern featuring two notable upward trends at periods in 2017 and 2023.

The market analyst anticipates Dogecoin price will experience another bullish phase that will potentially reach a value of $8. The analysis shows a persistence of upward market trends which suggests potential similar growth could happen soon.

How High Can DOGE Price Go In This Week?

The latest DOGE price hovered at $0.19643 as of March 26, 2025, showing signs of growth following a brief period of consolidation.  The DOGE price fluctuated between the range of $0.15, and $0.2, and it has maintained a steady upward trajectory within a rising channel. 

The analysis supported by the MACD indicator confirms a bullish stance through its positive histogram data while the signal line crosses. The market momentum remains with the buyer, which supports the expectation of an additional price rise. 

The present trend shows signs of continuing due to an upward crossing of the zero line by the MACD indicator. The Relative Strength Index currently holds a value of 65, indicating DOGE is entering an overbought state.

The attention of traders focuses on the upcoming breakthrough of $0.20 resistance which might drive the price to $0.220.

The Dogecoin price prediction might use a potential rise above resistance to reach $0.25 during the current time period.  Any major resistance encountered at the $0.20 price point might trigger a support shift toward $0.18.

The post Top Trader Says Dogecoin Price to Hit $8 After Breaking 3-Month Trendline appeared first on CoinGape.

Dogecoin is staging a powerful comeback, reinforcing its resilience in the volatile crypto market. After enduring periods of uncertainty and downward pressure, DOGE has managed to reclaim the crucial $0.18 level, a price point that is now acting as a key battleground between bulls and bears. This level has emerged as a defining line in the sand; holding above it could fuel a strong rally, while dropping below might open the door for further declines.

With increasing trading volume and renewed interest from investors, the stage is set for an intense showdown. Technical indicators suggest that momentum is shifting in favor of the bulls, but resistance levels ahead could still pose a challenge. As momentum continues to build, Will Dogecoin solidify its breakout and surge higher, or will the bears attempt to reclaim control?

The Battle For $0.18: Why This Level Matters

Dogecoin’s $0.18 price level has become the defining battleground between bulls and bears, marking a critical inflection point in its price action. This level has previously acted as both strong resistance and key support, making it a decisive line that could determine DOGE’s next move.

However, current price action suggests that bulls have taken the driver’s seat, showing strong buying pressure to help DOGE hold above the $0.18 level. The increasing demand and rising trading volume indicate growing confidence among traders, reinforcing the possibility of further upside movement.

Furthermore, Dogecoin’s recent price action is backed by strong technical signals, with the Relative Strength Index (RSI) climbing above the 50 mark, indicating a shift toward bullish momentum. Significantly, this rise in RSI aligns with DOGE’s breakout above $0.18, reinforcing the argument that bulls are gaining control.

If this bullish momentum persists, and the RSI continues to trend higher without entering overbought territory (above 70), it could signal more upside potential, with resistance targets at $0.24 and $0.29. A successful break above this level will send the price upward toward other resistance levels such as $0.35 and $0.4.

What If Dogecoin Fails? Potential Downside Risks

Dogecoin’s price action is at a critical juncture, and its ability to maintain bullish momentum depends on key support levels that might prevent a further downside move. After breaking above the $0.18 level, DOGE may face a pullback to this level for a retest.

If DOGE falls below $0.18, the next major support zone sits around $0.12, a level where buyers have previously stepped in to defend price drops. An extended decline could see DOGE testing $0.09, an area of historical significance that could serve as a strong accumulation zone.

In a discussion with Cardano community member Big Pey, Fergie from Input Output Global’s (IOG) research division revealed the full scope of Cardano’s proposed roadmap through 2030. The plan, spanning nine research areas and 34 workstreams, seeks to establish Cardano as a leading blockchain platform capable of supporting global-scale decentralized applications, advanced tokenomics, and post-quantum resilience.

The multi-year research agenda, now open for community feedback, is designed to run parallel with Voltaire-era governance and aims to deliver foundational breakthroughs in protocol design, scalability, interoperability, and security. “The proposal that we have out for the community for discussion and debate… reflects a one-year program, but that one-year program sits within a five-year Cardano vision,” Fergie explained.

Cardano’s Ouroboros Mega And Leios

At the heart of the roadmap is Ouroboros Mega, described as the final major upgrade of Cardano’s consensus protocol lineage. Following iterations from Classic to Praos and Genesis, Ouroboros Mega comprises seven specialized workstreams intended to advance Cardano’s settlement speed, fairness, and resilience.

The streams include Peras for faster settlement, Leios to increase throughput, fair transaction processing for smaller stake pool operators (SPOs), Byzantine-resilient networking, multi-resource consensus, proof of useful work, congestion control, and sharding. “These are core capabilities that allow us to strengthen the protocol, making it faster, fairer, and more secure,” Fergie emphasized.

With Ouroboros research dating back to 2015 and over 3,000 academic citations, IOG views Mega as a capstone of years of protocol development. “This work has catalyzed a market cap that’s tens of billions of dollars. It really tells the story of what research does,” Fergie noted.

Leios—one of the most anticipated innovations—targets throughput increases necessary for global adoption. While technical specifics remain under wraps, Leios is already moving from research into prototyping. “The objective is to get high throughput, more blocks being processed faster, to provide more scale into the Cardano network,” Fergie confirmed, acknowledging that full development could take another year or two.

Leios sits among six innovation streams prioritized for fast-tracked development, including anti-grinding security measures, fast BFT for partner chain finality, recursive SNARKs aggregation (OurSnark), and Proof of Restake, which aims to strengthen consensus mechanisms.

Quantum Readiness And Global Adoption

IOG’s roadmap also directly addresses long-term technological threats and opportunities, including the rise of quantum computing. A dedicated post-quantum research area is included, prompted by major developments from firms like Google and Microsoft. “Every time there’s a big announcement from Google or Microsoft, we get a lot of interest in those [quantum] workstreams,” Fergie noted.

Zero-knowledge capabilities represent another pillar of the plan. “We have strategic projects around ZK-Labs, Halo 2, and other applications of zero-knowledge proofs,” Fergie added. These are designed to enhance privacy, scalability, and verification efficiency across Cardano’s ecosystem.

The roadmap expands Cardano’s scope beyond financial applications, envisioning it as a “world operating system” for decentralized applications and digital governance. Tokenomics, global identity, and democracy research form critical parts of the plan, reflecting the network’s ambitions to support digital nation-states and on-chain democratic systems.

“Tokenomics is still very under-researched. The tokenomics we have in Cardano needs foundational research to develop a pathway for sustainability over the next 10 to 20 years,” Fergie warned.

IOG asserts that its blockchain research network is the largest and most prolific in the industry, with 238 academic papers published to date—50 of which have been foundational to Cardano’s development. “Last year we produced 37 papers involving 77 researchers and attended 25 leading academic conferences,” Fergie stated.

The research network spans in-house experts, embedded academics at global universities, and specialized blockchain labs in Edinburgh, Tokyo, and Wyoming. Collaborations extend to Stanford and over a dozen institutions worldwide. “By those metrics, we would argue that we’re the leading blockchain research group worldwide,” Fergie claimed.

The 2030 vision is currently under review by the Intersect Product Committee, with a proposed budget covering 20 research and six innovation streams for Work Program 2025. “We’re mindful that Voltaire introduces new decentralized governance challenges, especially around budget approvals. The 2025 budget is likely to be signed in Q2 but could be delayed,” Fergie admitted.

Despite the complexity, IOG stresses that the shift toward decentralized governance is necessary. “It’s more important to do things right and do them well than rush these things,” Fergie said.

With the research proposal live on Intersect’s forums and research working group pages, IOG is actively seeking community input. “We’re inviting discussion, feedback, and criticism. We know we don’t do everything as well as we could, and we’re open to improving,” Fergie stated.

At press time, ADA traded at $0.7685.