Altcoins News

Story: Dogecoin Price Breakout Could Signal a Major Rally Ahead

By Steven Anderson

1 / 15

Technical Setup Shows Strong Bullish Signal. Crypto trader Kamran Asghar shared his analysis on X (formerly Twitter), pointing out a pattern…

2 / 15

Price Drops Slightly but Monthly Trend Remains Strong. At the time of writing, Dogecoin is trading around $0.2216, down 4.1% in the past 24 hours.

3 / 15

Double Bottom Pattern Could Mean Reversal. One of the key bullish signals is the double bottom pattern forming on Dogecoin’s chart.

4 / 15

Analyst Sees 226% Rally to All-Time High. Another crypto trader, Javon Marks, also shared a chart showing a similar pattern of accumulation…

5 / 15

More Analysts Turn Bullish on Dogecoin. Several other analysts agree with the bullish outlook:

6 / 15

Final Thoughts and Caution. Although many signs are pointing toward a potential rally, it’s important to remember that the…

7 / 15

Dogecoin (DOGE) has recently shown signs of strength after breaking above a key resistance level. The popular cryptocurrency crossed the $0.

8 / 15

Crypto trader Kamran Asghar shared his analysis on X (formerly Twitter), pointing out a pattern that has previously led to large Dogecoin rallies.

9 / 15

The first period was between 2015 and 2017, where the price stayed between $0.00012 and $0.00035. This was followed by a sharp increase.

10 / 15

Now, from 2022 to 2025, Dogecoin has mostly traded between $0.055 and $0.22. The recent breakout above $0.

11 / 15

At the time of writing, Dogecoin is trading around $0.2216, down 4.1% in the past 24 hours. Over the last week, it's fallen about 15.4%, but the bigger picture remains bullish.

12 / 15

One of the key bullish signals is the double bottom pattern forming on Dogecoin’s chart. This pattern happens when the price drops to a certain level twice, then bounces back.

13 / 15

Asghar marked the $0.22 level as the breakout point. If DOGE stays above this level, it could turn into strong support — something that often confirms the beginning of a bullish…

14 / 15

Another crypto trader, Javon Marks, also shared a chart showing a similar pattern of accumulation followed by a breakout. He believes that the breakout zone near $0.

15 / 15

Marks predicts that Dogecoin could surge as much as 226% from its current level. This would bring the price close to its former high of $0.73905.

The Currency Analytics

Want the full story?