Dogecoin does still trading below $0.10but there is still the question how far it can go if it plays a breakout structure. A price target of $0.6533 is on the table for Dogecoin, and if it breaks through that level, analyst Javon Marks says $1.25111 comes into play, which would mark an all-time high for the meme coin.
Long-term breakout still keeps the bullish structure alive
The most important feature on Marks’ map is a multi-year outbreak of a descending resistance line that had halted Dogecoin’s price gains since the previous top in 2021. That trendline, which is drawn from the May 2021 peak through later lower highs, acted as resistance for a long time before the price finally broke through in early 2025 and began to form a new structure.
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Marks’ technical chart also points to a series of higher highs and higher lows after that breakout, showing the current trend dominated by Dogecoin. Even though the value has since fallen below $0.10, the outlook is that the larger breakout is still in play. In other words, the recent weakness is hasn’t yet erased the larger technical change that occurred when Dogecoin rose above that long-standing resistance.
Marks also pointed to a regular bullish divergence on the MACD, which is where the shorter-term optimism comes from. As you can see in the lower part of the chart below, the momentum indicator has formed an upward structure even as prices fell in 2026. That kind of divergence usually means that the The downward momentum weakensalthough the price action didn’t fully reflect that.
Dogecoin price chart. Source: @JavonTM1 On X
How high Dogecoin can go from here
According to Marks, the current setup points to a turnaround and the continuation of a 581% breakout run. This 581% projection clarifies how significant the expected move would be from the current price around $0.09.
At the time of writing, Dogecoin is trading at $0.0952, but the first breakout target is at $0.6533. A move to $0.6533 would mark a gain of over 585% from the current price, and this would put Dogecoin in sight of trading at new price highs.
That goal is also not presented as the end of the story. Marks says a break above $0.6533 would put $1.25111 in play. The chart visually highlights both levels, with the first considered as the main breakout target and the second as the next expansion target if the bullish continuation strengthens further.
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Interestingly enough, that $0.6533 target isn’t the end of the story. According to Marks, a break above $0.6533 would be inevitable see Dogecoin Breakthrough Above $1 and bring a peak price of $1.25111 into the target. The graph projects that are moving late 2026 to mid-2027, with the annotated gain from current levels being approximately 421%.
Featured image from Unsplash, chart from TradingView