$DOGE<\/a> MONTHLY MACRO CYCLES Could 7$ be next in this cycle?<\/p>\n Looking at previous price history on #Dogecoin<\/a>, it has always followed the same market structure, finishing with a massive move at the end of the cycle. If we were to repeat the same playbook, Doge could see\u2026 pic.twitter.com\/eWlrPhKHvV<\/a><\/p>\n \u2014 Bitcoinsensus (@Bitcoinsensus) October 16, 2025<\/a><\/p>\n<\/blockquote>\n Cycle 1 raised the profit to over 5,800% at its close. Cycle 2\u2019s growth was even bigger, as it exceeded 21,000% and hit $0.74 in 2021. Indications of Cycle 3 are visible already. Assuming the same scenario occurs again, the price may then go for $5 to $7. Up until now, the setup remains legitimate (even though unlikely), but a breakthrough has not occurred.<\/p>\n A chart shared<\/a> by Trader Tardigrade shows Dogecoin on a weekly view. It highlights a long lower wick, similar to those seen before earlier rallies.<\/p>\n The chart uses a wave structure, suggesting that DOGE may be nearing the end of a correction. If true, the next move could form wave five, leading to higher prices. The projected path shows a rise toward $1.50. For that to happen, the asset must stay above key support levels and push past resistance.<\/p>\n Another post<\/a> from Trader Tardigrade shows Dogecoin in three stages: consolidation, slow trend, and parabolic move. The current phase is labeled as parabolic, based on rising lows and stronger price movement.<\/p>\n If the path holds, the chart points to a possible rise above $1. This move depends on continued strength and steady buying over time. The setup builds on the price history seen in earlier cycles.<\/p>\n This week, Dogecoin has come out as the biggest loser among the top 20 cryptocurrencies. Its current price is approximately $0.18, accompanied by a 24-hour trading volume surpassing $3.6 billion.<\/p>\n However, the launch<\/a> of House of Doge through a Nasdaq merger also adds to its longer-term presence in the market. Currently, traders are monitoring crucial points to determine if the formation will lead to a robust rise in price.<\/p>\n The post DOGE Dumps Hard, but History Suggests a Whopping $7 Target<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n![\"\ud83d\udcc8\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4c8.png\")
<\/p>\n![\"\ud83d\udca5\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4a5.png\")
<\/p>\nWeekly Chart Shows Possible Rebound Setup<\/h2>\n
![\"Dogecoin](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3cZ0QkakAAQYy2.jpeg\")
<\/a>Current Market Position<\/h2>\n