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Historically, the Dogecoin price has recorded some of the most legendary rallies in the crypto space. Over the last couple of bull markets, the meme coin seems to have started a trend of outperforming its previous cycle’s performance, notching way more gains than anyone expected. Following this trend, the Dogecoin price is once again approaching a point where it could initiate another rally, and this time around, a crypto analyst predicts that it will reach double-digit values. The Anatomy Of The Historical Breakout Crypto analyst Dima Potts has predicted a possible 37x rally for the Dogecoin price this bull cycle. This forecast is gleaned from the previous cycle performances of the meme coin, with each one registering higher gains than the previous bull market. Related Reading: Dogecoin Price Vs. M2 Global Money Supply: The Trend That Points To $1 And $100s Of Billions In Market Cap Mainly, each rally has been triggered when the Dogecoin price has broken out of a descending trendline, highlighted in yellow in the chart below, that begins from the top of the last cycle. This was the case back in 2017, and a repeat of this same breakout in 2021 solidified the trend for the meme coin. After the first breakout was completed back in 2017, the price would rise sharply over the next few months. By the time the bull market was drawing to a close in 2018, the Dogecoin price had completed an 83x rally, rising from below $0.0004 to above $0.0014. The descending trendline began once again with the top in 2018, spanning over two years again before breaking out in 2021. Once the breakout was confirmed in 2021, just like it did in 2017, it triggered a multi-month Dogecoin price rally, and before the end of the year, the price rose a cumulative 183x, moving from under $0.004 to over $0.7. Why The Dogecoin Price Can Rally Above $11 Using this established trend, Dima Potts has outlined how the Dogecoin price could follow the same path. Right now, the altcoin is nearing the completion of the descending trendline, and the only thing that remains is a breakout. The main level of interest lies at $0.4,1, and the analyst believes that if the Dogecoin price closes a week above this level, then the trend would be confirmed. Related Reading: XRP Could Mirror 2017 Style Surge: Here’s How High The Price Will Go If It Happens In the most bullish scenario, the price would follow the trend of each cycle’s explosion being higher than the last, suggesting a possible 283x return. However, the crypto analyst takes a more conservative stance, predicting that a 37x rally from the price at which Dogecoin started 2025is likely. This would put the price at $11.71, given that Dogecoin started the year with a price of $0.31. Featured image from Dall.E, chart from TradingView.com

Based on historical patterns, Dogecoin’s price action often signals a major move after clearing a specific final resistance barrier. The focus is now on the weekly chart: a decisive close above the $0.41 level would replicate the exact conditions that launched previous parabolic rallies. This breakout is not just a technical move; it’s a cycle signal that could rewrite Dogecoin’s price history with another explosive surge. Historical Patterns Reveal DOGE’s Explosive Post-Breakout Rallies ÐOGECAPITAL, a well-known crypto analyst on X, recently shared insights into Dogecoin’s historical chart patterns, revealing a fascinating recurring trend. According to the analyst, Dogecoin’s weekly chart showcases a consistent pattern of explosive growth each time the asset breaks above a key yellow resistance line during the final phase of its market cycles. Related Reading: Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Coming? In the first major cycle, Dogecoin demonstrated remarkable strength, rallying 83x after successfully closing above this pivotal resistance level. The breakout marked the beginning of an extraordinary bullish phase that defined Dogecoin’s early reputation as one of the most volatile yet rewarding assets in the crypto market. During the second cycle, Dogecoin outperformed even its prior record, soaring roughly 183x once it breached the same yellow line. The pattern not only highlights Dogecoin’s cyclical nature but also strengthens the case that this technical formation has historically acted as a trigger for massive rallies. Dogecoin Nears The Key Breakout Zone Once Again According to ÐOGECAPITAL, Dogecoin is once again nearing the pivotal yellow resistance line on the weekly chart. With the line currently sitting around $0.41, the analyst noted that a confirmed weekly close above this level could mark the start of a new major rally.  Related Reading: Dogecoin (DOGE) Soars 15% as Whales Buy 30 Million Tokens: Is a 20% Breakout Next? Breaking through the yellow line has consistently led to massive bullish expansions, suggesting that the current setup could once again serve as the foundation for another historic run. With the asset showing growing momentum, traders are watching closely to see if the breakout materializes in the coming weeks. While some may expect another exponential rally, potentially repeating the 83x and 183x gains from previous cycles, the analyst took a more cautious approach this time. Rather than making extreme predictions, ÐOGECAPITAL opted to remain conservative in the outlook for Dogecoin’s next leg upward. Based on this measured projection, the analyst anticipates a potential 37x move from $0.31 starting price in early 2025. If this scenario unfolds, it would put Dogecoin’s price around $11.71 by the end of 2025—a level that, while compared to past parabolic rallies, still represents a substantial gain and a strong continuation of the asset’s historical cycle pattern. Featured image from Pixabay, chart from Tradingview.com

The Dogecoin price action is now being closely examined through the lens of M2 Global Money Supply trends, with a new analysis pointing to a powerful bullish setup. Charts comparing Dogecoin and the M2 global liquidity curve suggest that the meme coin could soon make a decisive move toward $1. At the same time, long-term technical patterns suggest a potential rise toward a market capitalization in the hundreds of billions of dollars.  Dogecoin Price And M2 Global Money Supply Signal $1 Breakout On October 4, crypto analyst Bull Bear Spot on X social media highlighted a striking correlation between Dogecoin’s price and the growth of the M2 Global Money Supply. His accompanying chart showed that as M2 liquidity expands worldwide, DOGE tends to follow in tandem, forming a bullish trajectory. The overlay suggests that the meme coin, currently trading around $0.25, may be gearing up for a renewed push toward the $1 milestone, representing a significant surge of approximately 289%. Related Reading: Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Coming? Furthermore, the analyst’s projection and logic are rooted in liquidity cycles. Typically, as central banks and global economies increase their money supply, risk assets, such as cryptocurrencies, often benefit from the spillover of excess capital. Dogecoin’s price structure over time has mirrored these macroeconomic liquidity waves, with previous peaks coinciding with surges in M2 growth, as seen in the chart.  According to Bull Bear Spot, DOGE’s current bullish setup indicates that it could “pump at any time,” possibly taking the market by surprise. While Dogecoin is often dismissed as a speculative meme coin, the connection between its price action and global liquidity offers a unique perspective—one where the cryptocurrency could experience one of its most explosive rallies in years if historical patterns repeat.  Dogecoin Market Cap Could Hit Hundreds Of Billions Adding to the bullish outlook, crypto market expert EtherNasyonal presented a long-term technical analysis indicating a significant increase in market capitalization. His chart illustrates Dogecoin completing a textbook Cup and Handle formation, a bullish continuation pattern often seen before major upward moves.  Related Reading: Dogecoin Price Is About To Complete Another Golden Cross, Why $0.33 Is The Key In his analysis, Dogecoin has already broken above a key resistance line, a level that had capped its price action for months. After the breakout, the meme coin successfully retested this resistance as new support —a critical step in confirming the strength of the breakout. This technical validation sets the stage for what EtherNasyonal calls a potential “DOGE season,” where the coin’s market capitalization could surge toward “$100 billions.”  With Dogecoin’s current market cap hovering just under $40 billion, such a move would represent an exponential increase, bringing the meme coin into the same leagues as leading altcoins like Ethereum and Solana. EtherNasyonal’s chart indicates that a confirmed Cup and Handle breakout signals continued momentum that may drive DOGE well beyond previous highs. Featured image from Getty Images, chart from Tradingview.com

An analyst has pointed out how a Dogecoin breakout could be coming, based on this technical pattern that the asset has followed over the years. Dogecoin Is Currently Inside Accumulation Zone Of Long-Term Channel In a new post on X, analyst Ali Martinez has talked about how Dogecoin is still in the accumulation phase of a technical analysis (TA) channel. The pattern in question is an “Ascending Channel,” a type of Parallel Channel. Related Reading: Bitcoin Breaks $119,000: Analyst Says $139,000 Could Be Next Parallel Channels form when the price of an asset travels between two parallel trendlines. There are a few different variations of the pattern, depending on how the trendlines are oriented with respect to the chart axes. The Ascending Channel, the type that’s of interest in the context of the current discussion, involves trendlines that are sloped upward. That is, these channels correspond to a phase of upward consolidation in an asset’s price. The upper line of the pattern tends to be a source of resistance, while the lower one is a source of support. Either of these levels not holding up can imply a continuation of the trend in that direction. This means that a surge above the channel could signal a bullish breakout, while a fall below it may lead to bearish action. Now, here is the chart shared by Martinez that shows the Ascending Channel that the 1-week price of Dogecoin has followed over the past decade: As displayed in the above graph, Dogecoin slipped below the support line of the Ascending Channel earlier in the year. This fall, however, didn’t immediately confirm a bearish breakdown, as the memecoin has seen a few instances over its history where temporary declines below the line have taken place. During each of them, the coin ended up finding support in a zone bounded by the channel’s lower level and another parallel support line just some distance below. From the chart, it’s visible that this same pattern could be playing out once more, as the asset has stabilized since entering this historical “accumulation” phase. For now, the coin is still trading inside this zone, but a surge back into the Ascending Channel could eventually arrive, if the past pattern is anything to go by. Each of the previous returns into the channel led to notable gains for Dogecoin. “The breakout is coming,” says the analyst. “Stay alert!” Related Reading: Bitcoin Short-Term Holder RVT Nears Cycle Lows: A Healthy Reset? Another altcoin, Chainlink (LINK), has also been following an Ascending Channel recently, as Martinez has pointed out in another X post. As is visible in the chart, Chainlink’s 3-day price is currently trading near the mid-line of its multi-year long Ascending Channel. The analyst believes a surge to $47 could be next for the coin, corresponding to the upper line of the pattern. DOGE Price At the time of writing, Dogecoin is trading around $0.255, up more than 13% over the last week. Featured image from Dall-E, charts from TradingView.com

A new technical analysis is suggesting that Dogecoin’s current rally may still have room to grow. According to crypto analyst Kevin, the historical risk levels that usually mark cycle tops are currently nowhere near flashing red for Dogecoin.  Chart analysis of Dogecoin’s historical risk levels shows that the meme coin is still sitting in what looks like a mid-cycle phase, and the kind of overheated price action that preceeds exhaustion has not yet appeared. Dogecoin Historical Risk Levels Point To More Upside Kevin’s latest post on the social media platform X showcased Dogecoin’s historical risk levels in a color-coded chart between 0 and 1, with 0 being the lowest risk and 1 being the highest risk. The chart, which covers many cycles going as far back as 2014, shows moments when risk was at extreme levels and prices were near exhaustion.  Related Reading: Crypto Analyst Predicts What Dogecoin Investors Should Expect Price-Wise This Month Periods of high market exhaustions are classified in warm colors, with red being the highest. For instance, Dogecoin’s all-time high in 2021 was classified by a red risk level. On the other hand, those of low market activity are classified in cool colors, with deep blue being the lowest level of activity. The current reading of 0.52 is far from those red danger zones, which have historically aligned with blow-off tops. Instead, Dogecoin is currently in what Kevin describes as a mid-cycle state. That assessment aligns with the latest price action, which shows Dogecoin now holding above $0.25 after last week’s consolidation between $0.22 and $0.23.  Dogecoin’s Biggest Move Still Ahead? With the latest Dogecoin risk level sitting at around 0.52, this suggests that Dogecoin has not yet entered the type of frenzy that often defines the final phase of a cycle. Therefore, it means that the king of meme coin still has a lot of rally to play out, and there’s the possibility of charting a path to a new all-time high if crypto market conditions provide the right backdrop. We have not had that type of price action yet this cycle. Related Reading: Analyst Forecasts Dogecoin Price To See Face-Melting Rally: The Bullish Pattern That Suggests New Highs Kevin’s latest update builds on observations he made earlier in August, where he noted the importance of monthly Stoch RSI crosses during bull market environments. Whenever Dogecoin registered such crosses outside of bear markets, the result was a massive upside rally. At that time, the Stoch RSI was climbing from the 13 level, and this is associated with weak momentum turning into strength. At the time of writing, Dogecoin is trading at $0.2554, meaning it is up by about 12.5% in the past 24 hours. Given the current setup and the possibility of a Spot Dogecoin ETF hitting the US market soon, it is reasonable to expect that Dogecoin could climb much higher before it enters the overheated territory. In this case, hitting the $1 price level is not out of the question. Featured image from Getty Images, chart from Tradingview.com

The Dogecoin price is showing strength after it held support levels. Analyst Daan Crypto Trades shared a chart on X, stating that the coin appears ready for a higher move. The price has been moving up slowly and in a choppy way since the April lows. If Dogecoin maintains this trend, it could surge toward $0.4 soon. Many traders are watching the chart and waiting to see if the coin can keep this setup for longer. Dogecoin Price Holds Key Support With Higher Lows Daan Crypto Trades points out on the chart that Dogecoin held where it needed to. The price stayed above the critical moving averages on the daily chart, including the 200-day EMA and the 200-day MA. The coin made a higher low, which is a basic sign that buyers are active. According to the analyst, the price movement in Dogecoin resembles that of other major coins. Related Reading: XRP Price Crash To $2.33 Is Still Possible In This Scenario, Here’s Why Many large coins have been moving similarly since the lows in April. This slow and choppy rise shows Dogecoin is following the same path as larger coins in the market. The steady steps up can seem slow, but they often lead to a more decisive move.  The higher low matters because it indicates that sellers are weaker than they were before. Each drop stops at a higher level than the last. Buyers step in at these higher spots and push the price up again. The steady action could help Dogecoin build a base for a bigger move and Daan Crypto Trades believes this base is forming now as illustrated on the chart above. Traders will watch to see if the price holds above the key moving averages and the new higher low. If the coin stays above these marks, the path to the next target looks clear. Analyst Sees Path Toward $0.4 If Trend Continues Looking ahead, the analyst predicts that Dogecoin is poised to reach $0.40 if the current trend continues. Although slow, Daan Crypto Trades says each small gain adds strength to the trend, and Dogecoin must continue to make higher lows and higher highs to build and sustain momentum that could lead to a larger push higher. The chart shared by Daan Crypto Trades illustrates the upward trend and highlights the key moving averages positioned below the price.  Related Reading: SWIFT Is Planning To Launch Its Own Blockchain Amid Trillion-Dollar Battle, But It’s Not With Ripple If buyers continue to defend these levels, the coin may gain momentum and attempt to reach $0.4. Daan Crypto Trades advises patience, as the rise can be slow, but a steady pattern can lead to a more decisive move. The analyst’s message is that Dogecoin needs to hold these levels above the critical moving averages on the daily chart, and a push to $0.40 could follow soon thereafter. Featured image created with Dall.E, chart from Tradingview.com

Dogecoin is cooling off after its recent rejection near $0.307, with price action now consolidating between $0.220 and $0.240. Despite the pullback, bullish momentum remains intact, and market signals suggest a retest of the $0.32 level could be only a matter of time. Critical Support Validated, Bulls Eye $0.32 Retest Master Kenobi, in a fresh DOGE chart update, pointed out that the red dashed line has once again acted as a strong support level. This confirmation aligns with the point earlier highlighted by the yellow arrow, showing that the level was accurately identified as a realistic and critical zone for price stabilization. Related Reading: Analyst Says Dogecoin’s Parabolic Run Is Inevitable – Historical Pattern Point To Another Breakout According to his analysis, this support has provided DOGE with the foundation needed to sustain its bullish structure. With the current momentum, the price now looks set to make another attempt at retesting the $0.32 level, a key resistance zone that could dictate the next major move for the token. Kenobi emphasized that the outlook remains promising so long as no unexpected global events disrupt the wider market environment. Such disruptions could temporarily derail the bullish setup, but under normal market conditions, DOGE is maintaining the strength required to continue pushing higher. Looking ahead, he suggested that if momentum holds, the all-time high marked by the yellow line and red rectangle on the chart could be reached far sooner than many anticipate. In fact, Kenobi believes the ATH may arrive in less than 30 days, provided the support levels continue to hold and bullish sentiment strengthens further. This suggests a very aggressive timeline for the bullish scenario.  Consolidation Signals Preparation For Next Major Move According to the latest update from BitGuru, Dogecoin staged a strong rally earlier, making an impressive bullish run toward the $0.307 level. The sharp upward move drew significant attention from traders and investors, but the rally was short-lived as DOGE faced heavy resistance at that zone, leading to a swift rejection and halting further progress. Related Reading: Crypto Analyst Tells Dogecoin Investors To Stay Sharp Amid Historical Bullish Setup Following the rejection, Dogecoin has slipped into a consolidation phase, with price action now largely moving between the $0.220 and $0.240 range. This sideways trading suggests that the market is in a state of balance, where buyers and sellers are evenly matched, waiting for fresh catalysts to drive the next significant move.  Currently, the market is attempting a pullback, testing the strength of nearby support levels. If the consolidation breaks upward, DOGE could retest the $0.307 zone and aim higher. However, failure to sustain momentum may drag the price lower, possibly challenging deeper supports below $0.220. Featured image from Getty Images, chart from Tradingview.com

The Dogecoin price is about to complete a Golden Cross pattern, a technical event that often signals the start of a super bullish run. A crypto analyst argues that the real test lies at $0.33, a resistance level that could determine whether DOGE begins its next major rally and extends its momentum into the broader altcoin market.   Golden Cross Forms On Dogecoin Price Chart Crypto analyst Cas Abbe recently highlighted in an X social media post Dogecoin’s bullish momentum, noting that the meme coin is about to complete another Golden Cross. In technical terms, a Golden Cross signals the potential start of an extended bullish cycle.  Related Reading: Dogecoin Price Skirts Potential Demand Zone, What Happens If It Hits Right? Cas Abbe emphasized the significance of this chart setup, pointing out that every time Dogecoin rallies, the broader altcoin market tends to follow suit. According to him, if DOGE manages to break decisively above key resistance levels, it could trigger a massive bullish surge, marking the beginning of a strong altcoin season.  The analyst’s chart illustrates Dogecoin’s upward trajectory, with the price steadily climbing after bouncing from support levels around $0.21. His projection shows the meme coin advancing toward the upper resistance channel, where $0.33 sits as the key battleground. Cas Abbe predicts that a breakout beyond this threshold would push the Dogecoin price to $0.37, representing a roughly 60% surge from current levels around $0.23.   Adding to the bullish narrative, crypto analyst Trader Tardigrade also shared his perspective on Dogecoin’s Golden Cross formation. He focused on the 12-hour chart, where the MACD indicator flashes the bullish chart signal. According to him, the histogram has already turned green, a clear sign of rising buying pressure. Additionally, Trader Tardigrade’s analysis suggests that bulls are beginning to take control of the market, with his chart predicting a potential surge toward the $0.32 – $0.33 zone. Expert Says Dogecoin To Reach $1 Next A crypto market expert identified as ‘Solid’ on X has drawn attention to a broader structure forming on Dogecoin’s weekly chart. His analysis reveals a broad consolidation area that could serve as the foundation for a parabolic rally. Based on this technical formation, Solid has forecasted that a golden bull run is imminent—one that could propel the DOGE price to the $1 milestone in the long term. This would reflect a massive price increase of approximately 334%.  Related Reading: Analyst Forecasts Dogecoin Price To See Face-Melting Rally: The Bullish Pattern That Suggests New Highs In the chart, Dogecoin’s current price action started as part of a larger consolidation phase that began after the 2021 peak. Now with bullish momentum starting to resurface after months of suppression, Solid’s analysis suggests that a strong upward breakout is becoming increasingly likely. The curved trajectory drawn on his chart envisions the meme coin riding steadily through 2025, ultimately accelerating past previous resistance levels and entering uncharted territory around $1 by 2026.   Featured image from iStock, chart from Tradingview.com

Dogecoin has continued on an interesting path, struggling between $0.2 and $0.24 during this time. Bulls have continued to maintain their hold on the major support levels, but this hold is weakened by the sustained market sell-off that began back in September. However, with the month of October expected to be quite bullish, there could be a quick turn in the tide for the Dogecoin price, with one crypto analyst expecting the altcoin to rally from here. Analyst Predicts Dogecoin Price Will Hit $0.3 Crypto analyst TradingShot first starts out by explaining where the Dogecoin price currently is and how it is trading. Presently, the meme coin is still trading within a Channel Up, which began as far back as March 2025. Additionally, there is also the fact that Dogecoin has been trading above a new support on a higher-lows trendline. This was a trendline that began back in August, following the low that was recorded on the third day of the month. Related Reading: Ethereum Founder Dumps Billions In These Meme Coins, Is This A Repeat Of Shiba Inu In 2021? Other bullish factors that contribute to this are the fact that the Dogecoin price is also seeing a lot of support from the 1D MA100. This 1D MA100 has held up quite nicely, and as long as bulls continue to maintain it, then the analyst does see the bullish trend holding. Moving on to the present, the Dogecoin price is now entering what is arguably one of the most bullish months in history, and with this new month, the crypto analyst believes that the cryptocurrency could test the top of the higher-highs trendline of the current pattern. Looking at the pattern, the top of the higher-highs trendline ended at the 1.136 Fibonacci extension level. This Fibonacci extension level coincides with the Dogecoin price at $0.32; thus, a test of the higher-highs trendline would put the Dogecoin price above $0.3 once again. Bears Could Still Break Ground Just as the 1D MA100 is the level holding up the price, it could quickly become bearish for the Dogecoin price if the bulls fail to hold it. TradingShot explains that a candle close below this point would cause the Channel Up to trigger a test of the higher low bottom. This would lead to a 42.82% decline, placing the target as low as $0.17. Related Reading: Analyst’s Prediction Plays Out As Bitcoin Price Rebounds, Here’s The Full Forecast Nevertheless, there seems to be a higher reward for buyers at this level since the market is expected to rebound. “As a result, the current price action, which has Doge sitting just above the 1D MA100, offers a great reward on the lowest possible risk,” TradingShot stated. Featured image from Dall.E, chart from TradingView.com

Dogecoin has yet to deliver the kind of rally many expect in the current market cycle, but one analyst believes that is only a matter of time. Posting on the social platform X, the analyst with the handle @EtherNasyonaL described a parabolic run for Dogecoin as inevitable, pointing to recurring chart structures that preceded Dogecoin’s explosive rallies in 2017 and 2021.  Dogecoin’s price movement in this cycle has largely been characterized by short-lived bursts of momentum followed by lengthy stretches of sideways consolidation or gradual retracements. Yet, there is a strong conviction among the most bullish Dogecoin proponents that the true rally for this cycle has not yet taken place. To them, Dogecoin is still in the build-up stage for a strong rally. Dogecoin Hasn’t Pumped Yet This Cycle One such example is a recent analysis that was posted on the social media platform X, where the analyst noted that Dogecoin hasn’t actually pumped up in the current cycle yet.  Related Reading: Dogecoin Is Sitting On A Powder Keg: Here’s The Explosion That Will Send Price To $1.3 The chart posted by the analyst draws attention to a series of descending trendlines that Dogecoin has historically broken through and gone on exponential rallies shortly after. These periods often lasted years, with prices moving sideways and testing investor patience before then going on a rapid pump.  Particularly, the analyst highlighted the 2017 breakout, where Dogecoin climbed out of a multi-year base, retested the moving average, and then rallied in the months after. As well as the 2021 rally, where the meme coin broke above the multi-year base and retested the moving average again before finally soaring to its current all-time high of $0.7316. The current setup shows Dogecoin in a similar position. Having broken above the resistance trendline months back, the Dogecoin price went back to retest the monthly moving average again, as shown by the red circle in the chart below.  Now, it seems Dogecoin is trying to extend a rally, as evidenced by the price action in the past two months above $0.22. If history repeats, the present stage may be laying the groundwork for yet another multi-month price surge. The Current Cycle Looks Different Dogecoin’s current price cycle presents unique dynamics compared to past rallies. Unlike in 2017 or 2021, which were mostly based on meme coin hype, Dogecoin is now trading in a crypto market with higher liquidity and greater institutional investments. As such, the factors for any projected rally at this point will depend on the amount of institutional inflows that come into Dogecoin. Related Reading: Ultra Wealth Dogecoin Whales Buy Billions In DOGE – Here Are The Numbers Discussions around Spot Dogecoin ETFs have added a new dimension to how capital could flow into the asset. If such products gain regulatory approval, they could open up Dogecoin to institutional inflows, much like what has already been seen with Bitcoin and Ethereum ETFs. Nonetheless, Dogecoin’s on-chain data and trading metrics have begun to reflect behavior consistent with accumulation phases seen ahead of past breakouts. September, in particular, has been highlighted by multiple whale purchases. For example, DOGE whales added 2.08 billion DOGE to their holdings during the most recent price pullback below $0.23.  At the time of writing, Dogecoin is trading at $0.231. Featured image from Pixabay, chart from Tradingview.com

The Dogecoin price may be preparing for what an analyst calls a “face-melting rally,” as fresh bullish technical patterns indicate a potential breakout. A crypto analyst notes that DOGE is entering a critical stage, similar to historical setups that have preceded significant upward moves. If the pattern plays out as expected, it would bolster the market expert’s confidence in the meme coin’s outlook.  Rare Setup To Ignite Dogecoin Price Rally  Market analyst Mikybull Crypto has drawn attention to a key chart formation that traders rarely encounter, the Bump & Run Reversal Bottom (BARR). According to his technical analysis shared on X social media, Dogecoin has recently completed its “Lead-in” and “Bump” phases, and now sits at the critical “Throwback to Trendline” stage, which typically precedes a steep uphill bull run.  Related Reading: Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level The analyst noted that Thomas Bulkowski famously documented this textbook chart formation in his Encyclopedia of Chart Patterns (2005), with the pattern carrying a historical success rate between 64% and 68%. On the weekly chart, DOGE appears to have retested its former downtrend line, now flipped into support, after months of consolidation. If the structure plays out as outlined, Mikybull Crypto predicts that the next leg higher could see Dogecoin experiencing a “face-melting rally,” with its price potentially extending toward the $0.70 – $0.85 range.  While the crypto expert’s forecast is ambitious, considering Dogecoin is currently trading at $0.23, it is still consistent with the way this rare pattern has historically unfolded after the “bump” phase, when momentum typically shifts toward buyers. According to Mikybull Crypto, traders should take note, as rallies emerging from this structure often accelerate quickly, leaving late entrants at a disadvantage.  Golden Cross And Breakout Potential Point Toward Altseason In other news, crypto market expert Cas Abbe highlights short-term signals on Dogecoin’s daily chart, noting an impending Golden Cross formation. On his chart, the DOGE price action has been moving within an ascending channel and is now approaching the upper resistance band around $0.33. A breakout above this level could act as a major trigger for the broader altcoin market. Related Reading: Dogecoin Price Skirts Potential Demand Zone, What Happens If It Hits Right? Cas Abbe emphasizes that when Dogecoin begins to surge, it often marks the start of the altcoin season, during which capital flows away from Bitcoin into alternative cryptocurrencies, sparking widespread rallies across the sector. Due to this, the analyst notes that the $0.33 resistance remains a critical threshold. A decisive push above it could unleash rapid upward movement in DOGE toward the $0.37 area on the chart.   Priced at $0.23 at the time of reporting, Dogecoin is sitting near key Moving Averages (MA), with momentum possibly building. The cryptocurrency has been experiencing its own fair share of price declines following the recent market downturn. CoinMarketCap’s data shows that DOGE has declined by over 4.3% in the last week, and risen by only 5.6% over the past months. Featured image from Getty Images, chart from Tradingview.com

After rallying above $0.3 at the start of September, the Dogecoin price has faced significant resistance since then, leading to an over 28% decrease in price. By Sunday, though, the Dogecoin price had begun to rebound, suggesting that there would be a rise in momentum, especially among buyers. This now puts the meme coin at a significant level, as there is the potential of the price bouncing off the current demand zone, but with bears still making a bid, the tug-of-war continues. What A Bounce From The Demand Zone Means Presently, the most critical support for the Dogecoin price lies at the $0.229 level, as outlined by crypto analyst Lingrid, which the cryptocurrency has managed to hold over the weekend. This support level serves as confirmation that the Dogecoin price could continue its uptrend much farther than it did back in early September. Related Reading: Dogecoin Is Sitting On A Powder Keg: Here’s The Explosion That Will Send Price To $1.3 The analyst also outlines a bullish formation on the chart, which is a completed triangle breakout pattern. The completion of the bullish pattern is what had led to the initial bullish impulse before the price began to correct downward again. Following the correction, the Dogecoin price was observed to be testing the lower boundary of the triangle trading range. However, with the price still holding above the critical support level, it could see a sustained break from here. The meme coin has already seen a recovery coming out of the weekend, suggesting that the $0.22 psychological level would hold completely through the uncertain market headwinds. Now, if the Dogecoin price is still able to hold this psychological level, then it could be the signal that crypto investors are buying heavily into the altcoin. In the case of heavy buying, it could provide the needed push from the current demand level above $0.21. A leg-up from here would push it toward $0.25, where the next major resistance level lies for the digital asset. This makes $0.22 a very important level as it is the target for the bears to break through. Related Reading: Bitcoin Fear & Greed Index Crashes To Lowest Level Since March – Why This Is Good News This is because if the bears are able to push the price back down toward $0.22 and cause it to fall further, then the next target lies low at $0.18810. This is the rebound level with demand, thus the price would have to get here before the can bounce again. The crypto analyst also explains that the current triangle pattern could fail its bullish impulse if the Dogecoin price fails to reclaim higher ground. Also, there is the possibility that the Bitcoin price could crash, taking the crypto market down with it and pushing the Dogecoin price toward further decline. Featured image from Dall.E, chart from TradingView.com

Dogecoin (DOGE), the leading memecoin in the cryptocurrency space, has faced significant challenges this week, experiencing a 22% decline. According to data from CoinGecko, DOGE is nearly 70% lower than its all-time high of $0.73. Despite these setbacks, analysts remain optimistic about Dogecoin’s future price performance.  Dogecoin On Track For Major Rally The anticipated onset of an altcoin season in the last quarter of the year, combined with critical support levels, has contributed to a bullish sentiment among market watchers.  Related Reading: All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause? Analysts at Bitcoinsensus have boldly asserted  on social media site X (formerly Twitter), that Dogecoin is on the cusp of a significant upward movement, citing the cryptocurrency’s ascending trendline support visible on its weekly chart. Their analysis indicates that Dogecoin is mirroring the patterns of previous rallies that saw price increases of 300% and 500% between September and November of last year.  This suggests that even with the current corrections pushing the price below $0.20, DOGE remains well-positioned to resume its upward momentum at any time. The crucial support level they identified stands at $0.14, a threshold that, if maintained, could lead to a rapid rebound. Bitcoinsensus forecasts a potential target of $1.30 for Dogecoin, implying an extraordinary rally of 800% for bullish investors. This is reinforced by the broader economic context, particularly in light of recent jobless claims and gross domestic products (GDP) reports.  Path To Recovery, Key Support And Resistance Levels Analysts from The Motley Fool noted that weekly jobless claims for the week ending September 20 showed a decrease to 218,000, falling below expectations and indicating a resilient labor market.  Meanwhile, the US Commerce Department revised its second-quarter gross domestic product estimate upward to 3.8%, reflecting robust consumer spending, the strongest quarterly growth seen in over two years. Such economic indicators could positively influence cryptocurrency prices, as investors often rotate from traditional assets like the Nasdaq and S&P 500 into riskier assets, including Dogecoin. This movement could potentially spark a new altcoin season, provided that sufficient liquidity enters the market. Related Reading: Ethereum Thesis From Tom Lee Torched As ‘Retarded’ By VC Firm Boss Looking ahead, Dogecoin faces key resistance levels that need to be overcome for a sustained recovery. The memecoin’s price has been rejected at $0.24 three times, with additional obstacles at $0.27 and $0.28. Achieving a breakthrough in these areas could set the stage for a move toward the $0.30 mark.  Conversely, should DOGE retrace, strong psychological support is seen at $0.14, with further levels at $0.21, $0.19, and $0.16, which have historically acted as significant bounce points for the token. At the time of writing, the memecoin’s price attempts to stop its ongoing correction at $0.222.  Featured image from DALL-E, chart from TradingView.com 

On-chain data shows a Dogecoin whale has made a significant withdrawal from cryptocurrency exchange Binance despite the decline in the memecoin’s price. Dogecoin Whale Has Made A Massive Move During The Past Day According to data from cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on the Dogecoin blockchain over the past day. The transfer in question involved the movement of nearly 122.4 million DOGE, worth around $28.5 million at the time the network processed it. Related Reading: Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle Considering the scale of the transaction, it’s likely that a whale entity was behind it. Whales refer to the big-money investors of the cryptocurrency, who can carry some degree of influence in the market thanks to their large holdings. Moves related to such holders can be worth keeping an eye on, due to their standing. The transfers may not directly impact the memecoin’s price, but they can still contain information about the sentiment among these giants. A lot of these moves are anonymous, however, meaning it can be hard to infer anything from them. Luckily, the latest Dogecoin whale transaction involved a wallet that has already been identified. Below are the address details related to the transfer. As is visible, the sending address in the case of this Dogecoin whale transaction was a wallet attached to cryptocurrency exchange Binance. The receiver, on the other hand, was an unknown wallet, suggesting that it was likely to be an investor’s self-custodial address. Moves of this type, where coins flow from centralized exchanges to self-custody, are known as Exchange Outflows. Generally, holders move coins away from the custody of these platforms when they plan to hold them in the long term, so Exchange Outflows can have a bullish impact on the asset’s price. The latest Binance Exchange Outflow from the whale has interestingly come following a drop of almost 18% for the memecoin over the past week. As such, it’s possible that the withdrawal corresponds to the large investor using the lower prices to accumulate DOGE. Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish Speaking of buying, the Dogecoin whale cohort as a whole has added a significant amount of the asset to their wallets during the last couple of days, as analyst Ali Martinez has pointed out in an X post. As displayed in the above chart, the total supply of the Dogecoin investors carrying between 100 million and 1 billion tokens has gone up by 2 billion DOGE (about $465 million) within this window. DOGE Price At the time of writing, Dogecoin is trading around $0.23, down more than 4.5% over the last 24 hours. Featured image from Dall-E, Santiment.net, whale-alert.io, chart from TradingView.com

Crypto analysts Kaleo and Mags have predicted that the Dogecoin price will witness a parabolic run, with the potential to reach the $1 mark. This comes amid the top meme coin’s downtrend, which puts it at risk of retesting the $0.2 mark.  Dogecoin Price Eyes Parabolic Rally To $1 In an X post, Kaleo declared that the Dogecoin price will rip to new highs from its current level. He further remarked that it is only a matter of time before prices catch up with institutional interest coming from DOGE treasury companies and ETFs. In line with this, he advised market participants not to “sleep on the king of memes.” Related Reading: GROK AI Predicts How High Dogecoin Price Will Be If Bitcoin Hits $10 Trillion Market Cap Meanwhile, crypto analyst Mags indicated that the Dogecoin price could rally to as high as $1 on this projected parabolic rally. He suggested that there is no way that the “father of all meme coins,” which is supported and shilled by Elon Musk, wouldn’t be able to pull a 3x increase in this market cycle.  Mags asserted that the bull run is dedicated to meme coins and that the Dogecoin price will lead the meme coin supercycle round 2. It is worth mentioning that Elon Musk’s lawyer, Alex Spiro, is the Chairman of CleanCore, the foremost DOGE treasury company, which is looking to acquire up to 1 billion coins. The company already holds over 600 million DOGE.  As Kaleo noted, institutional interest has also picked up following the launch of REX-Osprey’s Dogecoin ETF, which became the first meme coin ETF to launch. The Dogecoin price had notably surged above $0.3 ahead of the ETF’s launch. However, it has been on a downtrend since the fund launched, indicating that this was a ‘sell the news’ event. DOGE is down over 12% since then, a development which also comes amid a broad crypto market downtrend.  DOGE Will Reach Its ATH At The Minimum Crypto analyst Javon Marks has predicted that the Dogecoin price will reach its all-time high (ATH) of $0.73 at the minimum. He claimed that, based on historical trends, up next for DOGE is a rally of over 195%, which will send the meme coin to a new ATH above $0.739. His accompanying chart suggested that DOGE can reach the psychological $1 level in the process.  Meanwhile, crypto analyst Kevin Capital highlighted how the Dogecoin price rallied 400% to $0.48 within a short period last year. He noted that crypto does nothing until it does something, and that it requires an incredible amount of patience and skill. However, the analyst emphasized that anyone can pull off the biggest trade if they can identify and have the conviction to buy at the lows, suggesting that it may be a good time to buy the dip.  Related Reading: Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level At the time of writing, the Dogecoin price is trading at around $0.235, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Grayscale is making a big move with Dogecoin as the digital asset management company has submitted papers to launch a new Dogecoin ETF. Meanwhile, Dogecoin’s price is rising again, leaving investors with the question of whether another big surge is on the way. Grayscale Revises Filing To Launch Dogecoin ETF Under Ticker GDOG Grayscale has updated its filing with the SEC to turn its current Dogecoin Trust into a full ETF. If the SEC approves, the fund will trade on the NYSE Arca under the ticker symbol GDOG. Regular investors will be able to purchase shares of the ETF and gain exposure to Dogecoin in a regulated manner. Related Reading: XRP Fractal Suggests Price Could Rise Over 100% To $7 In November The updated filing names Coinbase for two roles. The exchange will act as the custodian, responsible for safely holding the fund’s Dogecoin, and it will also operate as the prime broker, managing the primary trading activities associated with the exchange-traded fund.  Wall Street has already shown signs of demand for exchange-traded fund products. Rival Osprey’s Dogecoin ETF, which trades under ticker DOJE, pulled in $17 million in its first trading session. Grayscale could be aiming to match or even surpass that success with its own Dogecoin ETF, as the race to bring meme-coin ETFs to the market intensifies. SEC Fast-Track Rules Boost Dogecoin ETF Momentum As Crypto Products Surge Recent rule changes at the SEC are making the approval process for ETFs much quicker. A good example came earlier this year with Grayscale’s CoinDesk Crypto 5 ETF, also known as GDLC. That fund, which tracks the top five cryptocurrencies by market cap, drew $22 million in inflows on its first day. Analysts, such as Bloomberg’s Eric Balchunas, said this debut was significantly stronger than the average ETF launch, indicating that investors are ready for regulated crypto baskets. Related Reading: Pundit Shares ‘XRP Endgame’: What To Watch Out For With Ripple With the SEC moving more quickly, dozens of new ETF filings surface. The quicker timeline is creating buzz in the market and also pushing asset managers to bring their products forward sooner than planned. For Grayscale, the timing of its Dogecoin ETF filing appears well-planned. Meanwhile, Dogecoin itself is already moving higher. Between September 15 and 18, the token climbed from $0.26 to above $0.28, an 8% gain in just three days. Large investors, often referred to as whales, have been purchasing hundreds of millions of tokens, which in turn encouraged smaller traders to follow suit.  Right now, the key for Dogecoin is holding above the $0.28 level. If it can stay there while the ETF approval process moves forward, traders believe there could be room for another surge. With Grayscale pushing for its ETF and investors already active in the market, Dogecoin is again in the spotlight as one of the most-watched tokens in crypto. Featured image from DALL.E, chart from TradingView.com

Dogecoin remains in bullish territory, with key technical indicators indicating further upside potential. Despite recent market fluctuations, the meme coin holds above crucial Ichimoku levels, suggesting that history may once again favor the bulls as momentum builds for another leg higher. Dogecoin Holds Firm Above Kumo and Kijun-Sen Trader Tardigrade, in his latest Dogecoin Ichimoku Daily Analysis posted on X, presented a highly bullish view. According to his findings, the price of DOGE remains positioned above both the Kumo (Cloud) and the Kijun-sen (Base Line). This particular alignment is a key indicator in Ichimoku analysis, and with no bearish signals present, the asset’s overall status stays bullish. Related Reading: Dogecoin Bullish Echo: 1-2 Formation Returns As Price Breaks Key Channel The analyst further highlighted that all five previously opened long trades are still delivering solid profits. These trades continue to ride the bullish wave, reflecting the strength of the ongoing trend. However, Trader Tardigrade notes that any future bearish signals would act as a clear trigger for exiting these trades. From a technical perspective, the update outlines two critical support levels to monitor. The primary support is identified at $0.24770, which corresponds with the Kijun-sen. A secondary but equally important support zone is found within the Kumo itself, ranging from $0.21517 to $0.22214. These levels are essential, as they represent key areas where buying interest is expected to step in and prevent a further price decline. What The Trend Analysis Means In the analysis, Trader Tardigrade emphasized that Dogecoin’s technical setup is firmly bullish according to Ichimoku indicators. The Kumo, or Cloud, currently displays a green coloration, reflecting a positive bias and indicating an environment where buyers are maintaining the upper hand. Related Reading: Expert Crypto Trader Says Dogecoin Price Looks ‘Very Good’, Here’s Why In the short-term outlook, DOGE is trading above the Kijun-sen, a key benchmark that often separates bullish from bearish pressure. Such alignment points to an uptrend in the near-term, suggesting that positive momentum remains despite recent pullbacks. Short-term traders may continue to benefit from this positioning as long as the price respects this line. Looking at the mid-term structure, the price is positioned above the Kumo, reinforcing the bullish case on broader timeframes. When a price is holding above the Cloud, it generally indicates that the market is in a confirmed bullish state. Finally, the long-term signal comes from the Chikou Span (Lagging Line), which currently sits above the price action. This suggests that historical momentum is still favoring buyers, completing the alignment across all Ichimoku signals. With an overall score of +4, Trader Tardigrade concluded that Dogecoin’s price is firmly in a strong upward trend, with no bearish signals visible at this stage. Featured image from Getty Images, chart from Tradingview.com

The Dogecoin price has since retraced after its run to $0.3 as sell-offs had grown stronger over the last week. There is also the fact that the Fed had cut interest rates by a quarter of a point last week, but because it was already priced into the market, there was barely any reaction to it. As such, the Dogecoin price stalled and continued to follow the established downtrend. But as the meme coin ushers in a new week, there is the possibility of a recovery and even a rally from here. The Current State Of Dogecoin Crypto analyst MadWhale outlined some notable developments surrounding the Dogecoin price and what could trigger the next wave of price action. Besides the Fed rate cuts not doing anything for the crypto market, there is also the expectation of multiple altcoin ETFs that could trigger the next rally. Related Reading: XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details Recently, excitement around a possible Dogecoin ETF going live for trading has been on the rise after experts had projected a possible acceptance by the SEC last week. The decision was ultimately postponed by the regulator, but this has done nothing to dampen the excitement. The REX-Osprey Dogecoin ETF (DOJE) is still expected to go live sometime this month if the SEC gives its blessing, and the analyst explains that this could be what drives another rally. In fact, there have been expectations that the Dogecoin price could rise by up to 75%, and others have predicted that the price could double. In addition to the ETF excitement, the fact that Dogecoin whales are making their way back into the arena is exciting. With around $266 million worth of DOGE bought and withdrawn from exchanges, exchange liquidity has declined, pushing the supply down to help boost demand and trigger a possible price increase. Why The Dogecoin Price Could Surge Besides the bullish developments surrounding the Dogecoin price with the ETF filings and whale buying, there is also the technical side that points to bullishness. This is because the Dogecoin price is currently sitting close to a critical Fibonacci level. If the Dogecoin price continues to maintain both its daily support and weekly trendline above $0.24, then the analyst expects an 18% increase in price, to push it toward $0.315. Related Reading: BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000 Other bullish developments include the Grayscale filing with the SEC to convert its Dogecoin Trust into a full-blown ETF. The filing lists Coinbase as custodian, sticking to an established pattern with Grayscale’s crypto ETFs, and could be a rival to the highly anticipated REX-Osprey Dogecoin ETF. Featured image from Dall.E, chart from TradingView.com

Dogecoin is once again showing signs of history repeating itself, with its well-known 1-2 formation returning on the charts. After breaking out of its key $0.22–$0.24 channel, momentum is building as bullish signals align, hinting that the meme coin may be gearing up for another powerful move. Breakout From $0.22–$0.24 Marks End Of Consolidation Alpha Crypto Signal, in a recent update, revealed a significant development for Dogecoin, noting that the meme coin has successfully broken out of its long-standing horizontal channel. This channel, which had contained its price between $0.22 and $0.24 for an extended period, had been a key consolidation zone for the asset. This decisive breach of the range confirms a major shift in momentum and signals the end of a prolonged phase of stagnant price action. Related Reading: Dogecoin On Edge — 2.5 Days Remain To Lock In Breakout Springboard The validity of this breakout is further reinforced by a crucial technical indicator: rising volume. As Dogecoin pushed higher, the increased trading volume served as a powerful signal of conviction from the buyers. This strong backing indicates that the move was not a fleeting event but rather a genuine surge of interest, with significant capital flowing into the asset.  Following its strong rally, Dogecoin is currently experiencing a healthy and expected pullback from the resistance zone between $0.29 and $0.30. However, this slight retreat is a positive and natural part of a strong uptrend, as it allows the market to consolidate and prevents the rally from becoming overheated.  According to the expert, this pullback is presenting a strategic opportunity for traders. Alpha Crypto Signal suggests that any retest of the breakout level, specifically the $0.24 to $0.25 zone, could offer a solid long opportunity. As long as Dogecoin can hold above this crucial zone and maintain its overall bullish structure, the positive momentum from the breakout is expected to continue. Dogecoin Pattern Repeats: History Points To Another Pump In a recent post on X, crypto analyst CryptoELlTES has revealed a compelling observation about Dogecoin’s price history. He asserts that a specific technical pattern is repeating itself on the chart, one that has consistently preceded every major Dogecoin pump in the past. This historical correlation suggests that the current setup is highly significant. Related Reading: Dogecoin Ready To Bark Again? Analyst Sees Path To $0.45 According to the analysis, Dogecoin is at the final stage of this “1-2 pattern.” The chart displays the same formation that previously launched the asset into several parabolic moves. Since the market is showing the same bullish behavior that has historically led to explosive growth for the coin, a major upward move could be on the horizon. Featured image from Pixabay, chart from Tradingview.com

An analyst has pointed out how Dogecoin could see a rally to $0.36 or even $0.45 if its price can manage to break past this resistance barrier. Dogecoin Is Retesting Upper Boundary Of A Parallel Channel In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern forming in the 1-day price of Dogecoin. The pattern is a “Parallel Channel,” which forms when an asset observes consolidation between two parallel trendlines. There are a few different types of parallel channels, each with a distinct orientation of the trendlines in respect to the graph axes. The Ascending Channel forms when the trendlines are angled upward. That is, when the price travels to a net upside inside the channel. Similarly, the Descending Channel has trendlines that have a negative slope. Related Reading: Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype In the context of the current topic, neither of these versions of the Parallel Channel is of interest, but rather the most simple case of the pattern: a channel parallel to the time-axis. When the asset is moving inside this type of channel, it observes resistance at the upper line and support at the lower one, and moves in an exactly sideways manner trapped between the two. Now, here is the chart shared by Martinez that shows the Parallel Channel that Dogecoin has been stuck inside for the last few months: As is visible in the above graph, Dogecoin retested the upper line of the Parallel Channel earlier in the month, but found rejection. The memecoin now appears to be approaching another retest of this line situated at $0.29. Generally, a break above the upper line of a Parallel Channel is considered to be a bullish signal. Thus, if DOGE can manage to surge above the pattern, it may see a sustained rally. Martinez has suggested two potential targets for the memecoin: $0.36 and $0.45. These are based on the fact that Parallel Channel breakouts can be of the same length as the height of the channel; the former corresponds to half this distance and latter to the full one. It now remains to be seen whether Dogecoin can surpass this huddle in the near future and if any sustained bullish momentum will follow. Related Reading: PEPE Gearing Up For Triangle Breakout: Is A 78% Move Coming? In some other news, Dogecoin whales have been buying recently, as the analyst has pointed out in another X post. From the above chart, it’s visible that DOGE whales have added a total of 158 million tokens of the cryptocurrency (worth $41.9 million) to their holdings with this accumulation spree. DOGE Price At the time of writing, Dogecoin is trading around $0.265, down more than 6% over the last 24 hours. Featured image from Dall-E, Santiment.net, charts from TradingView.com

The Dogecoin price had seen an initial run-up to $0.3 before the correction that brought it back toward $0.26 again. The aftermath of this has been uncertain price movements for the meme coin, especially as bulls and bears vied for control of the digital asset. At this junction, there is now a near equal opportunity for the price to actually go in either direction, and crypto analyst MyCryptoParadise has outlined the conditions that could favor either side. Why Dogecoin Price Is Still Bullish Despite the Dogecoin price decline, there is still a lot of bullishness in the current price action. This comes with the breakout of a classic falling wedge pattern, which is bullish for the meme coin, as this breakout could mean that the corrective phase is finally over. Related Reading: Analyst Sets $5 Target For The Dogecoin Price If This Happens The crypto analyst also points out that the Dogecoin price has seen a hidden bullish divergence on the RSI, as well as a bullish divergence on the MACD. This means that in addition to the bullish breakout, there is a lot of momentum that is driving the price action now, and this could help to prop up the price. Additionally, the crypto analyst also explains that there has been a Change of Character (CHoCH). This happened after a liquidity grab, which means that it also supports the fact that the Dogecoin price is still seeing a lot of bullish momentum at this point. In this case, if the bullishness is confirmed, then the Dogecoin price is likely to see a break above $0.3 and continue from there. However, the analyst advises caution at this level since Dogecoin is not giving clear signals. How The Bears Could Win Amid the heightened bullish activity, there is still the possibility for the Dogecoin price to crash back downward from here, and this lies entirely at the support above $0.25. If this support level breaks, then it would trigger further downside, which could send the meme coin spiraling back toward $0.2. Related Reading: What To Expect From The Bitcoin Price If September Closes In The Green Given this, it is important for bulls to hold the price above this invalidation level if the bullish momentum is to continue. If the invalidation level is taken, then the crypto analyst says it is better to wait for a cleaner structure before re-entering Dogecoin again. “We are playing it safe right now. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities,” MyCryptoParadise stated. Featured image from Dall.E, chart from TradingView.com

Crypto analyst CryptoELITES has predicted that the Dogecoin price could reach $5, providing a bullish outlook for the foremost meme coin. The analyst also mentioned what needs to happen for DOGE to reach this ambitious price target.  Dogecoin Price Eyes Rally To $5 If This Happens In an X post, CryptoELITES stated that the target for the Dogecoin price is $5 after a DOGE ETF launches. The analyst opined that a huge wave of institutional money is about to flow into meme coins very soon, with this money coming through the ETFs. Notably, REX-Osprey is launching the first Dogecoin ETF today.  Related Reading: Dogecoin Price Eyes 1,250% Surge To $3.5 – Here’s The Roadmap The REX-Osprey Dogecoin ETF will provide institutional investors with spot exposure to DOGE and could serve as a catalyst for a Dogecoin price rally to $5, as CryptoELITES predicts. New capital could flow into the DOGE ecosystem through this ETF, which would spark higher prices for the foremost meme coin.  Furthermore, it is worth mentioning that more Dogecoin ETFs could launch soon enough, especially with the SEC’s approval of generic listing standards, which help fast-track crypto ETF listings. Bloomberg analyst Eric Balchunas revealed that DOGE is one of the crypto assets that has futures on Coinbase, which makes it eligible for faster listing under the SEC’s new rule.  Notably, Grayscale, Bitwise, and 21Shares have filed for a DOGE ETF, and their respective funds could launch soon, which is bullish for the Dogecoin price. The launch of these other ETFs besides the REX-Osprey ETF means that more liquidity could flow into the meme coin’s ecosystem, although it remains to be seen if the $5 target is achieved.  Meanwhile, CryptoELITES had also previously predicted that the Dogecoin price could reach $5 from a technical analysis perspective. The analyst cited DOGE’s historical cycles and the gains it recorded previously as the reason why the meme coin could reach this target.  $10 DOGE Target Still In Place Crypto analyst DOGECAPITAL has again reiterated his $10 target for the Dogecoin price in this cycle. He believes that the meme coin can reach and surpass this target based on historical trends. He noted that each cycle’s first year (2013, 2017, and 2021) has historically delivered the strongest gains.  Related Reading: Dogecoin Price Just Broke A Regional High For The First Time This Year, Why A 300% Rally To $1 Is Possible The analyst noted that in the current cycle, the pattern suggests that the Dogecoin price could be in for substantial upside this year if history repeats, although the yearly candle hasn’t closed yet. His accompanying chart showed that DOGE could even reach as high as $36 in this cycle. Meanwhile, DOGECAPITAL predicted that Dogecoin’s cycle could extend from the projected October cycle top if Bitcoin’s does.  At the time of writing, the Dogecoin price is trading at around $0.28, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

On-chain data shows the Dogecoin whales have gone on a notable selling spree recently, potentially explaining the decline DOGE has seen since its $0.307 high. Dogecoin Whales Have Reduced Holdings By 680 Million Tokens In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Supply Distribution of the Dogecoin whales. The “Supply Distribution” here refers to an indicator from on-chain analytics firm Santiment that tells us about the total amount of the DOGE supply that a given wallet group is holding right now. Related Reading: Bitcoin Touches $117,000 As Binance Records 9 Days Of Outflows Investors or addresses are divided into these cohorts based on the number of coins that they are currently carrying. For example, a holder with 5 DOGE is put into the 1 to 10 tokens bracket. In the context of the current topic, whales are the investors of interest. These entities are typically defined as those holding between 100 million to 1 billion DOGE. At the current exchange rate, the range’s lower end converts to $26.4 million, while the upper one to $264 million. Thus, only the holders that have a substantial amount of capital invested into the memecoin would qualify for this group. As such, the behavior of the cohort in the form of its Supply Distribution trend can be worth keeping an eye on, as if nothing else, it can inform us about the sentiment among DOGE’s most influential investors. Now, here is the chart shared by Martinez that shows how the Supply Distribution of the Dogecoin whales has changed over the last few weeks: As displayed in the above graph, the Supply Distribution of this Dogecoin group has witnessed a sharp decline over the past few days, indicating that its members have participated in some net selling. In total, the DOGE whales offloaded 680 million tokens (worth around $181 million) over a four-day span during this selloff. From the chart, it’s visible that the distribution began alongside DOGE’s recovery run to the $0.307 mark. As whales have continued to sell, the memecoin’s price has plunged, currently sitting around 13% down compared to the earlier high. The trend in the indicator could now be to monitor in the coming days, as what these humongous investors do next could also have an impact on the cryptocurrency’s value. Related Reading: Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says Whales of Dogecoin aren’t the only ones that have participated in distribution recently. As the analyst has pointed out in another X post, XRP has also been facing selling pressure from its big-money investors. Over the last couple of weeks, XRP whales have shed 200 million tokens from their holdings, worth a total of $605.5 million at the current price. DOGE Price At the time of writing, Dogecoin is floating around $0.264, up 1.5% over the last 24 hours. Featured image from Dall-E, Santiment.net, chart from TradingView.com

The Dogecoin price recorded one of the most notable recoveries over the weekend, rising by more than 15% to reach the $0.3 target once again. The meme coin has since hit a roadblock with the market correction and continues to decline with the anticipation of the Fed rate cuts coming later in the week. But this has not eroded the bullish sentiment that continues to surround the meme coin and has, in fact, brought about more expectations that the Dogecoin price will soon cross $1. Dogecoin Price Eyes Next Surge To Reach $3.5 Back in 2021, Dogecoin ushered in a new age of cryptocurrency with its meme coin run, allowing room for others like Shiba Inu to shine. After rallying over 30,000% in a matter of months, it has managed to plant the seed in the minds of investors that it can stage a similar rally. While not expecting another 5-digit surge, crypto analyst Zonix has suggested that the Dogecoin price will at least see a 4-digit surge this cycle. Related Reading: PUMP’s 144% Surge May Be The Beginning As Pump.Fun Flips Hyperliquid In Major Metric This prediction is based on the fact that the Dogecoin price was about to complete its breakout over the weekend with momentum. It had moved towards a previous pullback level at $0.3, suggesting that this will be the level to break for bulls to confirm a continuation. Given this, the analysts explain that the “funneling” might be over for the Dogecoin price. This is based on Dogecoin reaching a third reaction high (RH3) with the recent uptrend. If indeed the funneling is over, then the Dogecoin price could be primed to continue its upward trajectory. There is also the possibility that a “primer” for the next surge could be forming at this level. If this is the case, then the crypto analyst says it is possible that the price could be headed for $3.5. From the current price level, it would mean an over 1,200% increase before the rally is over. Volume Surge Could Support Further Upside The recent Dogecoin price uptrend was propelled forward by a surge in volume over the weekend, as shown by Coinglass data. The meme coin had recorded its highest daily volume so far for the month of September after rising to $19.66 billion on Sunday, September 14. This shows that momentum remains on the side of the bulls. Related Reading: Shiba Inu Price In Trouble? SHIB Team Goes After Attackers After Major Bridge Compromise At the same time, there was also a notable surge in the open interest, hitting a brand new all-time high above $6 billion. All of these go to show that Dogecoin is getting a lot of attention from crypto investors, something that could propel it to higher highs if the market conditions remain favorable. Featured image from Dall.E, chart from TradingView.com

The Dogecoin price is once again in the spotlight, with the popular token showing strong upward momentum. Its price has risen sharply in a short period, supported by a mix of new institutional activity and fresh investor enthusiasm. At the same time, a company is building a large reserve of DOGE, demonstrating its trust in the long-term role of the cryptocurrency.  First U.S. Dogecoin ETF Sparks Market Excitement In the past day alone, Dogecoin has gained around 14%, pushing its weekly rise to nearly 38%. This strong run has carried the price to about $0.2963, the highest level the coin has seen in eight months. The next test for traders is whether DOGE can reclaim the $0.30 mark, which the token last reached during the early-year bull frenzy.  Related Reading: Expert Crypto Trader Says Dogecoin Price Looks ‘Very Good’, Here’s Why Much of the price momentum comes from the announcement of the first-ever Dogecoin exchange-traded fund in the United States. Bloomberg analyst Eric Balchunas announced that the Rex-Osprey Doge ETF, also known as DOJE, is set to debut. While the launch, initially scheduled for last Friday, Bloomberg analyst James Seyffart later explained that trading would begin the following week instead. Even with the slight delay, the confirmation from Rex Shares that the ETF is coming has been enough to push enthusiasm higher. The new product is being rolled out under the Investment Company Act of 1940, showing that it is structured to meet strict U.S. regulatory standards. It also arrives at a time when more than 90 other crypto ETFs are waiting on SEC approval. For Dogecoin, the arrival of DOJE is a key moment because it opens the door for bigger investors and institutions to buy in through a regulated channel.  CleanCore Solutions Targets 1 Billion DOGE For Corporate Treasury Alongside the excitement over ETFs, large corporate players are entering the Dogecoin space. CleanCore Solutions, a U.S.-listed company, recently announced that it has already secured more than 500 million DOGE. The company now plans to double this amount and hold 1 billion DOGE within the next month. Securing a substantial amount of DOGE for its own treasury would solidify Dogecoin as part of its long-term strategy.  Related Reading: XRP Price Is Ready To Break Out, But You Should Watch Out For $3.13 To make sure the holdings are stored securely, the company is working with Bitstamp for custody on behalf of Robinhood. CleanCore’s long-term target is to control up to 5% of Dogecoin’s total circulating supply, a move that would give DOGE a powerful corporate backer. The entry of CleanCore, combined with the upcoming ETF launch, provides Dogecoin with both institutional credibility and retail excitement simultaneously. The latest developments could give the popular meme coin enough momentum to push even higher, with another double-digit gain possible before the end of the week. Featured image from DALL.E, chart from TradingView.com

Crypto analyst XForce has revealed that the Dogecoin price just broke a regional high, following its reclaim of the $0.3 level. In line with this, he predicted that the meme coin could rally to a new all-time high (ATH) and reach the psychological $1 level.  Dogecoin Price Eyes 300% Rally To $1 Following Break Above Regional High In an X post, XForce predicted that the Dogecoin price could record a rally of over 300% to the psychological $1 level. This came as he noted that DOGE just broke above the previous regional high following its climb above $0.3 over the weekend. Based on this, the analyst declared that $1 is still programmed for the meme coin.  Related Reading: The Dogecoin Bullish Reset: A Clear Roadmap To $0.35 XForce admitted that there will be pullbacks along the way, but he expects the Dogecoin price to reach this $1 level eventually. The analyst also drew attention to the alternative idea that could lead DOGE to double-digit prices if it continues as a strong impulse. His accompanying chart showed that the meme coin could rally to as high as $18.  The Dogecoin price rallied over the weekend in anticipation of the REX-Osprey DOGE ETF, which will be the first fund to provide institutional investors with exposure to the foremost meme coin. This provides a bullish outlook for the meme coin, seeing as it could inject new liquidity into its ecosystem.  Furthermore, the Fed is set to make the first rate cut this year at this week’s FOMC meeting, which could also be bullish for the Dogecoin price as it would boost risk-on sentiment. Amid this recent rally, crypto analyst Mikybull Crypto has also declared that the meme coin will reach $1 in this cycle. Meanwhile, crypto analyst Ali Martinez noted that DOGE may consolidate for a bit around these levels before it makes its next leg up toward $0.45.  Analyst Issues Warning On DOGE In an X post, crypto analyst CrediBULL Crypto issued a warning on the Dogecoin price, noting that it is at the monthly supply at the moment. He further remarked that if DOGE isn’t breaking out, then it is technically just retesting the prior point of breakdown.  Related Reading: What A Dogecoin ETF Approval Means For The Future Of Crypto CrediBULL Crypto stated that a great time to be bullish on the Dogecoin price and jump into longs was before this recent rally. Now, he believes that it is time to be more cautious, as this is the most likely place for DOGE to face a rejection and record lower highs if the bottom isn’t in yet. There is also the possibility that the meme coin could crash if the Fed rate cut and DOGE ETF launch turn out to be a ‘sell the news’ event.  At the time of writing, the Dogecoin price is trading at around $0.28, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Dogecoin recently faced a slight pullback after hitting a fresh high, yet its overall momentum remains firmly intact. Key Ichimoku indicators continue to align in favor of the bulls, reinforcing the strength behind the trend. Pullback Fails To Shake Bullish Structure Trader Tardigrade, an analyst on X, noted in a recent update that Dogecoin (DOGE) has seen a pullback after reaching its recent high. Despite this retracement, the overall structure remains firm, suggesting that the market still favors strength on the higher timeframes. Related Reading: Dogecoin In Buy Zone: Bulls Eye $0.34 As Immediate Target According to the analysis, the Ichimoku indicators continue to show strong alignment. This setup reinforces the bullish outlook, as the cloud and key lines continue to support ongoing momentum. The update also highlighted that five previous long trades remain highly profitable. With the bullish conditions holding, there has been no reason to exit these positions yet. The consistency of these profitable trades underscores the reliability of the Ichimoku signals in tracking Dogecoin’s performance. However, the analyst made it clear that profit-taking will only be triggered by a bearish signal. Specifically, attention is on the potential for a Tenkan-sen/Kijun-sen cross,  the Conversion line moving below the Base line, which would indicate a shift in momentum.  Key Levels And Uptrend Score Furthermore, Trader Tardigrade outlined the key support levels for DOGE based on Ichimoku analysis. The Kijun-sen offers immediate support at $0.24770, while a broader support zone lies between $0.21517 and $0.22400 at the Kumo cloud. These levels are seen as critical areas where buyers may step in to maintain the bullish structure. Related Reading: Dogecoin Bullish Kumo Breakout, But Can DOGE Overcome The $0.23804 Barrier? The analyst also noted the significance of the Kumo cloud’s current color, which is green. This reflects a bullish bias in the market and adds another layer of confirmation to the ongoing uptrend. With the cloud trending positively, momentum appears to favor the bulls. Breaking down the trends further, the short-term outlook shows price trading above the Kijun-sen, signaling continued upward pressure. In the mid-term, DOGE remains above the Kumo cloud, further strengthening the case for sustained bullish momentum. On the long-term chart, the Chikou Span is positioned above the price, which reinforces the broader uptrend. Altogether, these conditions result in an overall Ichimoku score of +4, indicating a strong uptrend across multiple timeframes. Such alignment suggests that Dogecoin is well-positioned to extend its strength if support levels hold. In summary, the technical data presented by Trader Tardigrade corroborates his earlier assessment. DOGE’s current position, supported by a perfect alignment of bullish indicators and a total score of +4, confirms a strong uptrend. Featured image from iStock, chart from Tradingview.com

According to veteran trader Peter Brandt, Dogecoin’s price has pushed back above the $0.3 mark, a level that traders watched closely this week. Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back TradingView data shows an 11% rise in a session that sent the coin to a multi-month high, and the move has drawn fresh attention ahead of the first spot DOGE ETF. Volume is high and many eyes are now on how long buyers can hold gains. Meme Coin Retakes A Key Level Based on reports, the rebound came even after the planned ETF launch was delayed. Bloomberg analysts Eric Balchunas and James Seyffart said the REX-Osprey fund has been pushed to next week and will hold spot DOGE among other assets. That structure could allow some institutional money to get exposure without direct custody of all holdings themselves. Huge breakthrough for $DOGE pic.twitter.com/gpK71OSjNH — Peter Brandt (@PeterLBrandt) September 13, 2025 Analysts Set Stretch Targets Crypto analysts have offered a range of upside scenarios. Javon Marks put a breakout target at $0.6533, which would be more than 100% above current prices and sit below the all-time high of $0.73. Shorter-term levels mentioned by traders include resistance near $0.26 and a next target around $0.45. Price action shows five green sessions out of the last six and a tight range forming between the 200-day EMA and that resistance zone, signs that buying pressure has increased in the near term. Update Part 3: Another delay. Launching next week. Mid week. Prob Thur. https://t.co/Lzk2pCVo0E — Eric Balchunas (@EricBalchunas) September 11, 2025 Whales, Volume And Technical Signals Reports have highlighted strong whale buys at current levels. The token briefly rose to about $0.2840, its highest reading since July 21, and 24-hour volume has climbed above $5 billion. The monthly RSI recently posted a positive crossover, a technical hint some traders call bullish. Still, many warn that a firm monthly close will be needed to confirm a longer trend change and that quick swings remain possible. Market Context And What Comes Next A clean move above $0.26 is being watched as a confirmation point by several traders. If that level gives way, momentum could carry prices to $0.45 and then to $0.80 under a sustained buying wave. The ETF timing matters: calendar shifts like the recent delay can nudge sentiment, but the rally has continued even without the fund listing, suggesting other buyers are already positioning ahead of any formal launch. Related Reading: Dogecoin Breaks Out With A 32% Surge: Time To Buy Or Too Late To Chase? Nowhere But Up Dogecoin’s reclaim of $0.3 marks a clear shift from recent weakness and signals renewed upside potential if buyers hold key supports. Reports of whale accumulation, a surge in 24-hour volume above $5 billion, and technical moves such as the monthly RSI crossover all add to a bullish case, while the delayed REX-Osprey ETF launch keeps some uncertainty in play. Peter Brandt called the move a “huge breakthrough”, a phrase that captures why traders are watching the monthly close and whether the coin can press toward targets like $0.6533 and levels near its $0.73 ATH. Featured image from Pixabay, chart from TradingView

Amidst a bullish crypto market, Dogecoin (DOGE) prices have surged by nearly 7% in the last day, crossing the $0.280 price margin. Interestingly, prominent market analyst Ali Martinez is tipping the altcoin for much larger gains ahead after stating the market presently remains in a “Buy Zone”.  Related Reading: Dogecoin Breaks Out, Eyes Historic Surge Between $0.41–$0.97 – What To Expect Chart Signals Dogecoin Ready For Next Parabolic Rally On Friday, Ali Martinez shared on X that Dogecoin has re-entered what is a major “buy zone,” with technical patterns suggesting the popular meme coin is on the verge of a sharp breakout. A long-term ascending channel chart, shared by Martinez, highlights how DOGE has consistently bounced from a rising support band, each time triggering parabolic rallies that stunned the market. Notably, these dramatic price surges were seen in 2017, 2021, and again in 2023–2024. For instance, the 2017 breakout saw DOGE soar by more than 9,400%, while the 2021 move produced an even more staggering 13,000% rally, propelling prices above $0.70. More recently, the bounce from the lower channel in late 2023 fueled a more modest but still impressive 240% gain. Currently, Dogecoin sits around $0.28, hugging the lower support band once again. This positioning suggests that, according to the historical trend, DOGE is in a favorable accumulation zone, potentially setting up for its next major upward move. With broader crypto markets stabilizing and altcoins regaining momentum, Dogecoin could once again leverage its historic cyclical behavior to produce another massive price surge. Notably, a sustained breakout above $0.340, the most recent local high, would be the first confirmation of renewed bullish momentum. From there, the growth channel suggests upside targets could extend well beyond $1. However, Dogecoin could also remain in consolidation if Bitcoin dominance rises or perhaps the current capital flowing into altcoins thins out. But the repeating chart structure adds weight to the view that DOGE is closer to the beginning, not the end, of its bullish phase. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? Dogecoin Market Outlook At press time, Dogecoin continues to trade at $0.281 as earlier stated, following gains of 6.75% in the past 24 hours. Meanwhile, the asset’s trading volume is up by 14.63% and valued at 4.76 billion. On higher timeframes, the price trend remains firmly positive as DOGE is up 28.28% on the weekly chart and 12.67% over the past month, underscoring sustained momentum beyond the short-term rally. Interestingly, Coincodex analysts are also presenting a bullish DOGE case, albeit from a conservative angle, projecting a $0.31 price valuation in the next month. Featured image from Reuters, chart from Tradingview

Dogecoin (DOGE) has staged a strong breakout after forming a double bottom near key support, surging past $0.26 and leaving earlier rejection zones behind. With the Bollinger Band width now hitting a historically bullish level, DOGE could be setting the stage for a major surge, targeting a price range between $0.41 and $0.97. Dogecoin Breaks Out After Double Bottom Formation In a recent post on X, BitGuru shared an analysis highlighting that DOGE has made a significant bullish move, breaking out from a classic double bottom chart pattern. This pattern formed near a key support level, signaling a potential reversal from a downtrend to an uptrend.  Related Reading: Dogecoin (DOGE) Eyes $0.30 as Channel Breakout Fuels Bullish Speculation By surging past the $0.26 mark, DOGE has confirmed this breakout and is now in a strong position for further gains. This decisive move, which is a critical development, puts previous resistance zones firmly in the rearview mirror.  The market now has a clear signal of continued bullish strength. Presently, momentum is being driven by buyers who have stepped in with enough force to push the price higher, indicating a shift in market sentiment. This sustained interest and upward pressure suggest that DOGE could be setting up for a more significant rally as it enters a new phase of its market cycle. Bollinger Band Width Hits Key Orange Level Based on his analysis of Dogecoin’s weekly chart, X crypto analyst Trader Tardigrade has revealed a compelling pattern related to the Bollinger Band Width (BBW). He notes that in the past, when the BBW for DOGE has reached a specific “orange level,” the cryptocurrency has gone on to see significant rallies, with price surges ranging from 100% to as much as 378%. Related Reading: Dogecoin To $0.50? This Channel Break Could Be The Catalyst The analyst’s post further highlights a critical development: the BBW has now returned to this very same “orange level.” Such recurrence suggests that a similar period of high volatility and explosive price movement could be imminent for Dogecoin. Based on this historical precedent, the analyst has set new price targets for DOGE. He is now eyeing a potential price range of $0.41 to $0.97 for the token, a forecast directly tied to the historical performance observed when the BBW reaches this key level. This analysis provides a strong bullish case for Dogecoin in the coming weeks and months. Dogecoin is currently experiencing bullish action, with its price trading around $0.2602, a notable increase of 3.78% over the past 24 hours. DOGE’s market capitalization stands at $39.29 billion, while its 24-hour trading volume has reached $4.09 billion, reflecting significant market activity and investor interest. Featured image from iStock, chart from Tradingview.com