As the years draw to a close, Dogecoin trades above $0.12 amid a broader crypto market recovery. An impressive price cycle fractal indicates that DOGE may soar high, with analysts indicating that the company may hit a price target of $1 in the year 2026. Whales sold 150M DOGE, and retail traders remain optimistic. Open Interest rose by 1.68% to hit 1.51 billion as traders took on more positions by anticipating a potential trend reversal.

The big Dogecoin holders sold almost 150 million DOGE within five days, which indicated a negative signal. The technical interpretation would be a clean breakout over the previous resistance and continuous higher highs, which would be indicative of a long-term uptrend to $1. As of 2026, Dogecoin would need to be in good market conditions and demand to reach $1, which would be technically feasible but unlikely to occur otherwise. With a circulating supply of 168.08 billion, DOGE must attract strong capital to support a $1.

Its previous peak was $0.7376 in May 2021, which shows that a move toward $1 is not unrealistic. This may generate a new wave of interest and investment in meme coins such as DOGE in case of a complete recovery of the crypto market led by Bitcoin. Dogecoin has been known to trade well on the upswing of meme-driven supercycles, when retail buying and social media buzz are at their peak. DOGE can tend to gain faster than big caps when Bitcoin breaks out, and capital is directed to high-beta altcoins.

The institutional access may also increase the demand further, provided that DOGE is listed in the ETFs, along with BTC, ETH and SOL. As of the reporting time, the DOGE price traded at $0.12410, with an increase of 1.25% over the past 24 hours. In the case Dogecoin price outlook is above $0.12, the immediate target is $0.13. A strong break-out of above $0.13 might see the way to a rise of up to $0.14 and even $0.15.

But if the bullish thesis cannot be maintained over $0.12, it will probably result in a retest of the lower levels. In that case, DOGE might retrace the area of the $0.115-$0.11 range. CAN DOGECOIN REACH $1 IN 2026? Yes, but it requires a full market recovery, strong retail demand, and technical breakouts. WHAT IS THE NEXT SHORT-TERM PRICE TARGET FOR DOGE? If support holds, bulls aim for $0.13, then $0.14–$0.15.

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