Dogecoin (DOGE) Price: Breaking $0.25 Resistance Could Lead to 50% Rally
TLDR
Whales have accumulated 2 billion DOGE (worth $500 million) in the past week
A Golden Cross has formed between the 50-day and 200-day EMAs, ending a five-month bearish period
DOGE is currently trading at $0.246, having broken the $0.241 resistance level
Technical analysis shows an ascending triangle pattern with potential targets of $0.28 and $0.36
Historical cycle analysis suggests DOGE could reach $2.28 by early 2026 based on previous patterns
Dogecoin has experienced a strong price increase this month, breaking above previous resistance levels and showing signs of continued upward momentum. The recent surge is being fueled by both favorable market conditions and the actions of major DOGE holders, setting the stage for what could be a major rally in the coming weeks.
The price movement comes as DOGE whales have shown bullish sentiment since the start of August. In just the past week, addresses holding between 100 million and 1 billion DOGE have accumulated more than 2 billion DOGE, worth approximately $500 million.
This accumulation by large holders indicates strong confidence in Dogecoin’s future potential. The support from these whales has been essential in pushing the meme coin higher.
In one notable development, Dogecoin whales purchased 230 million DOGE in just 24 hours earlier this month, pushing prices from $0.20 to $0.22. Such large-scale accumulation demonstrates that institutional players and high-net-worth investors still see substantial upside potential.
At the time of writing, Dogecoin is trading at $0.246, having recently broken through the $0.241 resistance level. To sustain its upward movement, Dogecoin needs to convert this level into solid support.
If it manages to hold above $0.241, it will likely continue rising, with $0.273 acting as the next major resistance. The accumulation by whales is expected to help drive the price toward this target.
Technical Indicators Point to Bullish Momentum
The overall momentum for Dogecoin is shifting from bearish to bullish, thanks to key technical indicators. The 50-day and 200-day exponential moving averages (EMAs) recently formed a Golden Cross, signaling a major shift in market sentiment.
This Golden Cross has ended the five-month-long bearish period that was marked by a Death Cross, suggesting that the path ahead for Dogecoin may be more favorable. This crossover is a critical indicator that suggests the altcoin is poised for further growth.
Technical analysts have also identified a bullish ascending triangle pattern forming on the daily chart, with the upper resistance set at $0.25. This level has been tested repeatedly in 2025, making it a pivotal breakout point.
#DOGE stabilized perfectly above the broken symmetrical triangle
Weekly structure shows a clean breakout with solid retest confirmation
If the bounce occurs, $DOGE could absolutely SHOCK the entire market pic.twitter.com/bUdSq0Dxoo
— Butterfly (@butterfly_chart) July 27, 2025
If Dogecoin price closes above $0.25 with strong trading volume, targets of $0.28 and $0.36 come into focus—the latter representing a potential 50% rally from current levels.
An ascending triangle occurs when higher lows form against a consistent resistance level, indicating that buyers are becoming more aggressive. Momentum indicators, including the MACD, have recently turned positive, a shift that historically precedes strong multi-week rallies.
Volume is also rising steadily, a critical ingredient for sustaining breakouts. The current uptick in buying activity suggests traders are positioning ahead of a possible breakout.
Historical Patterns Suggest Bigger Moves Ahead
Crypto analyst Javon Marks has noted that Dogecoin is now progressing through its third multi-year cycle, following two earlier runs that delivered extraordinary returns. The first cycle produced gains exceeding 8,000%, while the second generated over 2,200% from its low to its peak.
Based on these patterns, Marks projects that Dogecoin’s price could potentially climb to $2.28 before the current cycle ends in early 2026. The cyclical nature of Dogecoin’s performance suggests that its strongest rallies often occur after extended consolidation periods.
While there is no guarantee of future performance, historical trends show that whale activity in the Dogecoin market frequently precedes major price moves. Similar buying sprees in the past have set the stage for sharp rallies, sometimes adding double-digit gains within days.
Dogecoin $DOGE: 3 consecutive rejections! pic.twitter.com/1Mqad8L5AW
— Ali (@ali_charts) August 10, 2025
However, not all market watchers agree on the immediacy of a breakout. Some analysts emphasize that Dogecoin price predictions must be framed within the broader market context.
For the near term, the focus remains on the $0.25 breakout level. If buyers can overcome this barrier with volume, Dogecoin’s price prediction for the coming weeks leans bullish.
The $0.29 mark remains a stubborn barrier, having rejected the Dogecoin price on three separate occasions this year. Market analysts consider this level both a technical and psychological challenge.
On the support side, $0.23 serves as the first major line of defense for bulls. Holding this support is crucial to preserving the ascending triangle formation currently in play.
The combination of strong technical setup, growing whale activity, and historical cycle patterns gives DOGE a credible shot at a sustained rally in the coming weeks.
The post Dogecoin (DOGE) Price: Breaking $0.25 Resistance Could Lead to 50% Rally appeared first on Blockonomi.
Filed under: Bitcoin - @ August 14, 2025 10:15 am