The improbable $1 price target for Dogecoin has returned to the spotlight after independent crypto analyst Cantonese Cat (@cantonmeow) shared a bold new Ichimoku-based projection on July 3. In a chart posted to X, the analyst outlined a parabolic price trajectory for DOGE using 2-week candles, suggesting that the memecoin could begin an explosive ascent in late 2025, eventually reaching the symbolic one-dollar mark. The $1 Dogecoin Dream The projection rests on DOGE’s ability to maintain current bullish structure above the Ichimoku cloud, with a brief retest later this year during liftoff. “DOGE 2-week candles, Ichimoku cloud shown. Why am I buying doge? Because I’m delusional and this is what I’m thinking,” the trader wrote, pairing tongue-in-cheek self-awareness with conviction in a longer-term breakout scenario. At the time of the chart’s publication, Dogecoin was trading at $0.172, up nearly 14% on the fortnight. The price action shows a clean bounce off the top of the green Ichimoku cloud, suggesting that DOGE is holding bullish structure on a high timeframe, a key technical criterion in Ichimoku trend-following theory. Related Read ..
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