Dogecoin is poised for a potential upward move, trading within a long-term uptrend channel with analysts eyeing a target of $1.40. This target is contingent on breaking the resistance level at $0.80. Historical data suggests Dogecoin has experienced significant impulsive rallies, with the latest wave potentially extending between $1.00 and $1.40. As of September 4, 2025, Dogecoin was trading at $0.216, boasting a market cap of $32.59 billion. While whale activity remains subdued, futures and options data indicate traders are preparing for an upward move. Analysts are closely monitoring support levels and consolidation patterns as Dogecoin gears up for its next cycle.