Dogecoin (DOGE) Price Prediction According to Cantonese Cat: Is a Big Bullish Wave Starting to Form?

Bittime - Dogecoin (DOGE), a cryptocurrency once considered a joke, is now back in the spotlight. Popular technical analystsCantonese Cat (@cantonmeow)recently posted his views on X (Twitter), predicting thatDOGEis preparing to enter the phasebig bullish based on Elliott wave structure. 

This prediction immediately caught the attention of the crypto community because it implied the potential for a significant price rally to a new psychological level.

READ ALSO:Dogecoin (DOGE) Price Prediction 2025, 2026, 2030

Who is Cantonese Cat?

Cantonese Cat is an analyst and trader who is known for actively sharing in-depth technical insights regarding crypto assets, primarily using the approachElliott Wave Theory. 

This method analyzes price movement patterns within wave cycles, helping to predict the direction of future trends. Its reputation in the crypto trading community is built on its accurate reading of wave structures in several major assets, including Bitcoin and Dogecoin.

Dogecoin Technical Analysis by Cantonese Cat

In his latest post on October 15, 2025, Cantonese Cat wrote that Dogecoin hasmanaged to recapture the important Fibonacci level at 0.618, signaling a shift from a corrective phase to a new impulsive phase. He explains:

“Initially I thought DOGE wave 2 was a pullback to 0.5 of wave 1, which was valid, but it turned out to reach 0.382, which is also possible for a wave 2 retracement. Now DOGE is reclaiming 0.618 and wave 3 could be starting.”

In Elliott Wave theory,wave 3known as the most phasebullish and strong, where market momentum increases sharply, accompanied by high volume and massive buying interest. If this pattern holds true, Dogecoin has the potential to experience a major surge in the near future.

Potential DOGE Price Increase

According to the weekly charts shared, Cantonese Cat identified severalzona target Fibonacci extensionfollowing:

• $0,48— as the initial target of the third wave.

• $0.89 and $1.23— as an advanced extension level.

• $1,96— extreme targets if momentum continues.

These levels represent the potentialDogecoin's gradual riseif the third wave actually develops. However, if the price fails to maintain its position abovepivot $0,20088, the risk of consolidation or correction could occur again before the uptrend continues.

Market Expectations and Risks

Even though technical signals look promising, the crypto market is still known to be very volatile.volatile and speculativeInvestor sentiment, macroeconomic policies, and global market conditions can influence price direction at any time. Therefore, a risk management strategy remains key for DOGE traders and investors.

READ ALSO:Most Popular Memecoins of October 2025: Dogecoin Remains Number 1

Conclusion

Based on the analysisCantonese Cat, Dogecoin is showing early signs of heading towardsthird bullish waveThis could potentially push the price to $1 or more. However, investors are advised to remain vigilant and not ignore market volatility. If DOGE manages to hold above a key area, the potential for a major rally increases.

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FAQ

Who is Cantonese Cat?

He is a crypto analyst who uses Elliott wave theory to predict price movements of digital assets.

What is the essence of Cantonese Cat's prediction about DOGE?

Dogecoin is expected to enter wave 3 which is the most bullish phase.

What is the DOGE price target according to this analyst?

Between $0.48 to $1.96, depending on the strength of market momentum.

Is DOGE bullish now?

Yes, technical indications show DOGE is starting to emerge from a corrective phase into an uptrend.

Is this prediction definitely true?

No. The crypto market is speculative, and all analysis should be accompanied by risk management.