Dogecoin (DOGE) may be gearing up for one of its most significant rallies yet, according to prominent analyst Steph is Crypto, who recently highlighted a long-standing bullish trendline that could pave the way for a future price of $10. With DOGE rebounding from recent lows and defending historical support zones, technical analysts believe the memecoin shows strong potential for long-term upside.

Dogecoin Defends Key Support, Reclaims Bullish Momentum

Despite experiencing a brief drop from $0.19 to $0.16 earlier this week, Dogecoin bounced back to around $0.185, demonstrating resilience and renewed buying interest. This quick rebound caught traders’ attention and reaffirmed DOGE’s continued respect for its multi-year rising support trendline.

Steph is Crypto’s chart refers to this critical level as the “Legendary trendline,” and it stretches back to early 2020, starting above $0.001. The trendline next touched $0.06 in 2024 and most recently $0.13 in 2025. These touchpoints have resulted in a sharp price rebound, reinforcing the trendline’s relevance across market cycles.

Most importantly, Dogecoin has never broken this support line in any recent downtrend, signalling strong foundational strength and sustained investor conviction.

$10 Dogecoin? The Long-Term Bull Case Emerges

According to Steph’s analysis, the unwavering respect for this trendline sets DOGE up for a potential long-term rally. The speculative target? A massive $10 per DOGE, representing a staggering 5,440% increase from current prices.

Steph praised holders stuck with the asset through volatile market swings, calling them “absolute legends” for maintaining their belief in Dogecoin’s long-term potential. The implication is clear: if historical support continues, DOGE could be on a breakout trajectory few have priced in.

A More Conservative Projection: The Case for $1

While Steph’s target leans toward long-term optimism, another analyst, Trader Tardigrade, offered a more cautious yet bullish outlook. His daily timeframe chart also shows Dogecoin bouncing off an ascending trendline, forming a series of higher lows, a classic bullish signal.

Tardigrade pointed out that these patterns are typically preceded by fake reversals, a phenomenon observed in September 2024 and April 2025. Each time, the false breakdown was followed by a strong upward breakout.

His analysis also emphasised the behaviour of the Relative Strength Index (RSI). When RSI curves upward past the 50-point mark, it often signals the beginning of a sustained rally. With RSI trending in that direction, Tardigrade set its intermediate price target at $1, assuming current momentum holds.

DOGE Maintains Structural Integrity on Multi-Day Timeframes

Tardigrade further analysed Dogecoin’s 3-day timeframe to highlight consistent price structure behaviour. He observed that prior swing highs often return as support levels, a bullish characteristic for any asset.

For instance, after breaking through $0.098 in late 2023, DOGE retested this level in early 2024 and confirmed it as support. The same pattern appeared again in July 2024, when a swing high of $0.145 was validated as support during the pullback in April 2025.

Another key level, $0.29, was established in February 2025 before Dogecoin retraced. Holding the $0.145 level has helped DOGE maintain structural consistency, laying the groundwork for a bullish continuation.

Tardigrade’s projections now place the next resistance near $0.23, with a mid-range target above $0.80, surpassing Dogecoin’s all-time high of $0.73.

Related article: Dogecoin Surges 12% to $0.1974—Will It Hit $0.21 or Fall to $0.14?

Final Thoughts: DOGE Bulls Holding the Line

Dogecoin appears to be at a pivotal moment. Analysts agree that the asset respects key long-term support levels, with trendlines and RSI indicators aligning for a potential breakout.

While some forecast a modest rally to $1 or $0.80, others like Steph envision a more dramatic path to $10, assuming structural patterns continue and community support remains strong.

For now, Dogecoin traders and long-term holders are watching the charts closely, waiting to see if history repeats itself and rewards those who’ve been through thick and thin.