Dogecoin is the most popular meme coin in the world, the one that started the whole frenzy, quite ironically, as the result of a joke. Today, more and more people are looking to add the asset to their list of holdings, even if it is, at least theoretically, devoid of value and could, therefore, not support realistic returns. Many are looking into the latest technical analysis figures and are closely monitoring the dogecoin price so that they can anticipate both the potential price appreciation events as well as the downswings.
So far, 2025 has been regarded as a relatively positive year for cryptocurrencies, and meme coins are no exception. However, most analysts believe that there’s still plenty of room for improvement, and that Dogecoin traders in particular can expect a very substantial rally in the near future.
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The indicators
Doge’s moving average convergence divergence indicator, typically referred to as MACD, flashed a bullish signal recently, a metric that increases the possibility that a breakout is on its way. Historical data indicates that a very similar occurrence took place in late 2024, coinciding with the time when the coin’s price increased by a whopping 330% in only a few weeks. The MACD is a very popular momentum indicator that is widely used in crypto technical analysis to identify the duration, direction, and strength of a trend and asset price.
The weekly chart shows that the indicator produced a bullish cross. The MACD line has crossed the signal line in the past, with the gains amounting to 273% and 343% respectively. Right after the golden cross was completed, Doge pumped 30%, indicating that larger movements are bound to happen. The current chart structure shows that there’s at least a moderate probability that a decisive breakout above the key levels is just waiting to happen.
Important support
A double-bottom pattern on the chart right after Doge’s breakout from the downtrend that lasted several months hints that a bullish upswing will occur soon, with the upside targets being around $0.478 or 90% compared to the current price levels. Researchers believe that considerable gains are possible, with strong support from the fair gap value being one of the key features in this regard. The Doge price has reclaimed support and continues to push up aggressively.
The liquidity target sits between $0.48 and $0.50, and as long as the FVG holds the momentum, it will remain bullish, and continuation will continue to be a reality.
Treasury purchases
Crypto mining company Bit Origin has completed the acquisition of 40.5 million Doge coins for its personal crypto treasury. According to Binance.com CTO Rohit Wad, “Crypto. It’s just going to happen. It’s just a matter of time. Each revolution has come faster than the one before.” This is why companies have been looking for ways to boost their assets and make sure they make the most of the opportunities the marketplace provides.
Doge’s price reached the 20-day simple moving average recently, and if buyers continue pushing forward, the DOGE/USDT pair will most likely kickstart a new move shortly. An unquestionable sign of strength and growth will be a close above the 20-SMA, which indicates that selling pressure is winding down. As the price becomes more elevated, the bears will mount stronger defenses as well so that they can keep the value within the ranges that are more comfortable for them.
300% rally
A 300% rally may sound excessive, but it is actually nothing new in the meme coin world. This ecosystem is largely based on hype and popularity, being highly reactive to changes. Even though they are so considerable, these rallies don’t end up destabilizing the investors in any significant way because meme coin prices remain relatively low compared to those of other cryptocurrencies. Yet, that doesn’t mean that traders shouldn’t be prepared for what the ecosystem has in store for them. Adjusting your strategy according to these changes is the best way to ensure things work out for you and that your portfolio remains profitable.
Data shows that a 300% Dogecoin rally is possible by the end of 2025, and most investors are optimistic about its potential to become a reality. Both on-chain metrics and technical indicators support a bullish continuation. The formation of a double bottom pattern on the daily chart is a well-known reversal formation that experts consider highly reliable due to its history. Doge has decisively moved away from its downswing trend and is definitely shifting in the opposite direction right now.
The open interest rates have jumped considerably since the beginning of July, with the increase amounting to 67%. This shows that speculative activities have been renewed in the community. However, despite this, the funding rates have remained fairly neutral, which means that, on average, longs have not yet begun to overheat the market. The sport cumulative volume delta keeps rising slowly, showing that net buying pressure in the spot market remains consistent. This is a healthy sign of real demand and, therefore, very important for meme coins.
The bottom line
The crypto environment continues to grow and evolve, and meme coins, which are relatively new but have managed to attract a lot of attention, are part of the development as well. If you’re an investor and have been thinking about adding Dogecoin to your list of holdings, you should know that it isn’t too late to get started. However, remember that no cryptocurrency should be approached without thorough research and the necessary knowledge to navigate the marketplace.
It is the only way to reach your financial milestones and decrease the likelihood of losses, which are typically considerable due to fluctuations and volatility. While growing prices and bullish rallies are certainly positive indicators of a robust market, it is essential to approach things cautiously and have a comprehensive plan in place. Reassess your financial goals and determine what you need to do in order to achieve them. Don’t follow any advice that wouldn’t benefit your portfolio, and remember that while taking things slowly might not seem like a good idea when it comes to crypto, it is the best way to ensure that you don’t make impulsive decisions.