Dogecoin Price Prediction: DOGE is expected to hit $1 in 2025 while Cardano struggles

Dogecoin (DOGE) has attracted a lot of attention as its price is in a crucial range.

Meanwhile, Cardano (ADA) is seeing a massive influx of new holders despite its recent difficulties.

This article examines Dogecoin’s potential to reach $1 by 2025 while highlighting recent developments in ADA.

Dogecoin price developments indicate a critical phase

According to TradingView data, the price of Dogecoin is currently around $0.32 after falling 5% in the last 24 hours. The meme coin continues to test its support level at $0.31 while resistance remains at $0.35.

Analysts observe the asset trading within a symmetrical triangle, which typically signals a period of consolidation before a significant price breakout or decline.
On the medium-term chart, Dogecoin recently experienced a false breakout near the $0.34 level and struggled to maintain bullish momentum. If the price stays above the $0.35 descending trend line, the bullish momentum could push DOGE towards its next target of $0.48.
Conversely, a break below $0.30 could lead to a retracement towards the $0.24 level as shown by the Fibonacci levels.

Historical patterns reinforce optimism for DOGE. Analysts have noted repeating fractals similar to Dogecoin’s 2021 bull run. If these trends continue, the meme coin could potentially rise above $1 by 2025, with some even predicting highs of $4 if market conditions are favorable.

Cardano is struggling amid declining market sentiment

Cardano (ADA), trading at around $0.86, saw a 6.9% price drop in the last 24 hours. It is currently at a crucial support level and analysts warn that a break below $0.85 could trigger further declines, potentially reaching $0.77.

Despite bearish technical indicators, on-chain data shows that ADA holders are still accumulating the token. Reports from analytics firms like Coinglass show an outflow of $4.7 million from exchanges, indicating long-term optimism among buyers.
However, the token is facing resistance near the $1.28 level. ADA is up 133% over the past six months, but its current phase of consolidation leaves room for speculation about future price movements.
Analysts shared their analysis of Cardano on X, indicating an impending rise in price levels.

Cardano’s ecosystem remains active, with planned upgrades such as Hydra and Marlowe expected to improve the scalability and utility of the blockchain. These developments could attract more holders in 2025, although the asset’s near-term performance remains uncertain.

What you should know

Dogecoin was among the frontrunners of the November bull market sparked by Donald Trump. The memecoin remains the largest memecoin by market capitalization, leading other memecoins in this category.
Dogecoin was initially promoted by Elon Musk before a lawsuit prevented the billionaire from actively promoting the memecoin directly.