A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin’s current momentum will push it to a possible 318% rally, giving their insights on what is driving this move upward. Related Reading: XRP Cycle Top Forecast—Analyst Pinpoints The Timeline Price Rally Around The Corner? An analyst said in a post that Dogecoin could be heading for a 318% increase, which is possible since the breakout experienced by the meme coin aligns with its historical price movements. “With the breakout target at $0.6533, another +318% increase to reach it can be in the works and prices may only be preparing here to do so,” JavonTM1 said. Prices of $DOGE (Dogecoin) are still up nearly +129% since breaking out of the pictured resisting trend and with prices still broken out and in a position to confirm another set of Higher Lows, even more upside can be coming! With the breakout target at $0.6533, another +318%… https://t.co/nhmMIkJgqv pic.twitter.com/Qum16794Li — JAVON⚡️MARKS (@JavonTM1) March 11, 2025 JavonTM1 made the prediction after the meme coin soared by 129% following a breach of a critical resistance