Dogecoin price continues to stall this week at the crucial support point at $0.15. Still, some crypto analysts believe that this consolidation could be calm before the storm before it stages a strong comeback. This article explores whether the DOGE price will rebound and how high it needs to rise to convert $10K to $100K.
Dogecoin Price Target to Convert $10K to $100K
Some analysts and investors believe that Dogecoin is one of the top meme coins that can help you convert $10K to $100K. As such, one needs a 900% surge to convert $10K to $100K.
With the Dogecoin price trading at $0.15, it needs to jump by 900% to $1.5200. This means that it needs to soar above the all-time high of $0.7375, then cross the psychological point at $1, and then move to $1.52.
A 900% surge seems unrealistic to most assets. However, history shows that such big moves are possible in the crypto market. Besides, Dogecoin price has surged by over 58,300% since inception. It jumped by over 850% from its lowest point in 2023 to its highest swing in 2024.
Some top cryptocurrencies have had similar pumps before. For example, before the Mantra price crash, it was up by over 1,000% in the last twelve months. XRP and XLM also went parabolic in November last year.
Some crypto analysts believe that the Dogecoin price has more upside this year. One of them, Javon Marks, noted that the coin has formed a bullish divergence on the daily chart, pointing to a 150% surge to $0.40.
Dogecoin Price Forecast
DOGE Price Technical Analysis
The weekly chart points to a strong bullish breakout in the longer term. It has dropped to $0.15, a notable level since it coincides with the ascending trendline linking the lowest swing since October last year.
The coin has formed a giant megaphone chart pattern, which is characterized with two broadening trendlines. It has now moved to the lower side of the wedge, pointing to an eventual surge in the coming months.
Therefore, there is a possibility that the Dogecoin price will bounce back, and possibly retest the upper side the megaphone at $0.60, which is a 280% surge from the current level.
The main caveat for this is that this pattern has formed on the weekly chart. This means that it may take months for it to hit the upper side of the wedge. For example, it has taken five months to drop from its upper side to the lower one.
Dogecoin Price Chart
Therefore, this means that the Dogecoin price will take months or even years to get to $1.52 and convert $10K to $ 100 K.
A drop below the lower side of the wedge will invalidate the bullish DOGE price forecastand point to more downside.
In the latest XRP news, the market has received a boost with NYSE Arca’s approval of the Teucrium 2X Long Daily XRP ETF. The stock exchange’s move is considered a step forward in integrating more crypto-based investment products into the conventional financial system.
The Teucrium XRP Leveraged ETF
Per the latest XRP News, NYSE Arca approved the listing and registration of Teucrium’s 2X Long Daily XRP ETF under the Securities Exchange Act of 1934. This ETF, part of the Listed Funds Trust, gives investors a leveraged way to gain exposure to XRP, the digital currency used on the XRP Ledger.
It is worth noting that Teucrium received the green light from the American Security Commission in 2022 to launch a Bitcoin futures ETF. Now, the company is expanding into the XRP market to make it easier for investors to access alternative markets.
This move is part of a growing trend as more traditional financial firms get involved in crypto. The launch of the leveraged XRP ETF shows that confidence in the coin’s future is picking up.
In addition, crypto experts suggest that this approval signals a shift in sentiment toward risk-on products. Though regulatory challenges remain, such listings could only mean the demand for digital assets in conventional markets.
Growing Push for XRP ETF By Asset Managers
Aside from the Teucrium leveraged product approval, other major asset managers are also pushing for spot XRP ETF approvals.
In an earlier update, Franklin Templeton filed S-1 registration statement with the SEC for a potential XRP ETF. This follows its applications for Bitcoin and Solana ETFs. The move shows a serious interest in expanding crypto services to traditional investors.
Furthermore, speculation has also grown around BlackRock, especially after Ripple CEO Brad Garlinghouse commented that an XRP ETF makes sense for the community.
Though no official partnership has been confirmed, many in the crypto space expect more applications in the months ahead. This is even more likely with the Ripple and SEC lawsuit closure, paving the way for more interest.
XRP Futures in the Spotlight
Furthermore, the XRP futures product is gaining traction in the broader market.
As reported earlier, Coinbase Institutional has filed with the CFTC to self-certify XRP futures contracts via its derivatives arm. The contracts are set to launch on April 21, 2025. This filing process allows for a quicker path to market.
Meanwhile, Bitnomial, a digital asset derivatives exchange, has launched CFTC-regulated XRP futures in the U.S. This move comes after the SEC closed its appeal against Ripple, clearing regulatory hurdles.
Many experts believe the development marks another step in bringing XRP into mainstream, regulated markets.
Bitcoin price consolidates above the $84,600 on Sunday, April 20. Having closed eight consecutive sessions above the $80,000 mark, on-chain data trends suggest BTC market outlook for the week ahead remains bullish despite regulatory pressures on Coinbase.
Oregon State to Sue Coinbase as Bitcoin Price Holds Above $80,000 for Consecutive Days
Oregon Attorney General Dan Rayfield has filed a securities enforcement action against Coinbase, alleging that the exchange facilitated the sale of unregistered crypto assets, exposing investors to significant risk.
In the lawsuit, Oregon state alleges that Coinbase has encouraged the sale of unregistered cryptocurrencies to people in Oregon exposing residents to risk of pump-and-dump schemes and fraud.
“After building trust with Oregon consumers, Coinbase sold high risk investments without them being properly vetted to protect consumers Oregonians lost money, and we believe Coinbase should be held accountable and take steps to protect consumers.”
The complaint accuses Coinbase of misleading consumers in Oregon by offering high-risk digital assets without sufficient oversight.
In response, Coinbase’s Chief Legal Officer, Paul Grewal, called the suit a “desperate scheme” and “a giant leap backwards” in crypto policy progress.
Despite this legal headwind, Bitcoin has remained resilient. Following a sharp decline to $74,300 on April 9, triggered by China’s new tariffs on U.S. tech, BTC swiftly rebounded after the U.S. Consumer Price Index for March came in lower than expected.
Bitcoin price action, April 20, 2025 | Source: Coingecko
Bitcoin price is trading at $84,500 at press time on April 20, having closed above $83,000 for eight consecutive trading sessions.
This steady uptrend, even in the face of a fresh regulatory attack, suggests that the market sees the lawsuit as isolated to Coinbase—not a major threat to Bitcoin’s near-term price prospects. With continued institutional interest and technical strength holding above key support, BTC price appears poised to maintain positive momentum in the week ahead
BTC Showing Resilience to U.S. Pressures
Bitcoin’s recent price action showcases strength relative to U.S. equities, particularly in the tech sector.
While flagship stocks such as NVIDIA and Microsoft grapple with declining investor sentiment, Bitcoin continues to draw inflows and sustain support.
US Tech Stocks Heatmap, April 20| Source: TradingView
NVIDIA shares dropped over 7% this week following a $5.5 billion charge related to China export compliance. The erasing billions in market capitalization for adjacent US tech stocks including Microsoft, Tesla, and Apple.
Against this backdrop, Bitcoin has appreciated nearly 12% since April 12.
More so, Lower-than-expected jobless claims last week increased pressure on the Fed to maintain a hawkish stance—yet BTC has continued its upward trajectory, bucking the risk-off trend.
This decoupling signals renewed investor conviction in Bitcoin as a long-term macro asset, especially as U.S. fiscal policy and central bank dynamics introduce heightened volatility to traditional markets.
Investors Pull 14,000 BTC from Exchanges in the Last 8 Days as BTC Sets Up Local Bottom
A critical on-chain indicators supporting the current BTC rally is the notable drop in exchange-held Bitcoin.
Data from CryptoQuant shows that more than 14,000 BTC have been withdrawn from centralized exchanges since April 12, aligning with the day Bitcoin reclaimed the $80,000 level.
Bitcoin Price vs. BTC Exchange Reserves, April 2025 | Source: CryptoQuant
These outflows suggest increasing long-term conviction among holders, reducing available supply for trading and heightening the potential for price appreciation. Historically, sustained withdrawal activity often marks local bottoms and preludes major bullish cycles.
The drop in exchange balances comes at a time of increased spot demand—especially with platforms like Charles Schwab signaling intentions to enter direct crypto spot trading.
As regulatory uncertainty begins to decouple from Bitcoin’s price performance, investors appear to be front-running the next wave of institutional participation.
In conclusion, while the Oregon lawsuit against Coinbase may create noise in the short term, Bitcoin’s structural and technical foundation remains intact. A continued consolidation above $83,000—paired with supply contraction and strong macro divergence—puts the $90,000 and $100,000 targets well within reach for Q2.
Bitcoin price is consolidating below a descending trendline resistance near $85,489, with short-term support from the 4-day SMA at $84,632. As see in the Bitcoin price forecast chart below, BTC has formed a coiling pattern with higher lows and marginally lower highs—often a prelude to a decisive breakout.
On April 20, BTC closed at $84,594, holding above the critical $84K level for the eighth consecutive session, suggesting persistent underlying demand.
Bitcoin Technical Analysis Today
The Average Daily Range (ADR) remains muted at 3.06, indicating consolidation but also priming BTC for a potential expansion in volatility.
Meanwhile, the bullish BBP (Buy Balance Power) reading at 1,553.76 reinforces near-term strength, showing that buying momentum is outpacing sell pressure. Volume has declined modestly, but the broader context of consistent closes above $83,000 reflects solid market absorption.
Bitcoin price forecast today leans bullish as the 4-day SMA trends above price, creating a compression zone between it and the 60-SMA. A daily candle close above $85,500 could confirm a breakout, targeting $88,000 short term. Failure to hold $84,000 would re-expose $82,300 as interim support.
