After weeks of sideways trading, the meme coin has suddenly come to life, climbing nearly 20% in just seven days. While Dogecoin’s three-month gains stand at a modest 7.6%, rising momentum, whale activity, and a textbook bullish chart pattern are now signaling the possibility of a sharp rally ahead.

Technical analysts highlight 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. If Dogecoin price closes above $0.25 with significant trading volume, targets of $0.28 and $0.36 come into focus—the latter representing a potential 50% rally from current levels.

Ascending Triangle Points to Bullish Dogecoin Price Prediction

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 in Dogecoin price trends.

Dogecoin has maintained stability above the broken symmetrical triangle, confirming a clean weekly breakout with a solid retest. Source: @butterfly_chart via X

Volume is also rising steadily, a critical ingredient for sustaining breakouts. “Without strong participation, even the most promising setups can fail,” noted market analyst Ali Martinez. The current uptick in buying activity suggests traders are positioning ahead of a possible breakout.

Whale Activity Adds Fuel to Dogecoin Predictions

In a 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 Dogecoin potential, even amid market volatility. These strategic buys often signal growing confidence among informed market participants, creating momentum that can attract retail traders to join the rally.

Dogecoin (DOGEUSD) presents a strong technical buy opportunity with high upside potential despite its speculative nature. Source: TopChartPatterns on TradingView

Historical trends show that whale activity in the Dogecoin market frequently precedes significant price moves. Similar buying sprees in the past have set the stage for sharp rallies, sometimes adding double-digit gains within days. While there is no guarantee of the same outcome this time, the scale and speed of the recent accumulation have fueled optimism that a breakout may be imminent if other bullish factors align.

Resistance and Support Levels in Focus

While a breakout above $0.25 could ignite a run toward $0.36, the road upward is not without hurdles. 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, as crossing it would signal a shift in trader sentiment toward more aggressive bullish positioning.

Dogecoin ($DOGE) has faced three consecutive price rejections at a key resistance level, indicating strong selling pressure. Source: Ali Martinez via X

On the other hand, $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. A decisive breakdown below $0.23 could send the DOGE coin price back toward the $0.21–$0.20 zone, effectively stalling near-term bullish momentum and delaying the next attempt at a sustained breakout.

Historical Cycles Support Long-Term Dogecoin Potential

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, Mark projects that Dogecoin’s price could potentially climb to $2.28 before the current cycle ends in early 2026.

Historical patterns suggest that Dogecoin ($DOGE) is poised for a significant upward rally. Source: Ali Martinez via X

The cyclical nature of Dogecoin’s performance suggests that its strongest rallies often occur after extended consolidation periods. While Mark’s projection is not guaranteed, it reinforces the belief among some traders that the current market phase could be laying the groundwork for the next explosive move. If history repeats itself, patient holders may benefit significantly once the cycle reaches its final stage.

Macro Factors Still Matter

Not all market watchers agree on the immediacy of a breakout. VisionPulsed, a well-followed analyst, emphasizes that Dogecoin price predictions must be framed within the broader market context. He thinks three stars need to align before DOGE can make a serious run at $1: Ethereum breaking out above its 2021 all-time highs, macro liquidity remaining supportive, and favorable timing within Bitcoin’s halving cycle.

Dogecoin was trading at around $0.23 down -5.80% in the last 24 hourse at press time. Source: Brave New Coin

Until these conditions are met, VisionPulsed expects Dogecoin to persist in trading within a wide consolidation area, with possible price fluctuations between $0.20 and $0.30. While this type of volatility offers trading possibilities, it is also reflective of the uncertainty that still lingers over the market. For longer-term holders, the message is simple—the big rally may yet be coming, but timing and macroeconomic factors are likely to dictate when it begins.

Outlook: Will Dogecoin Reach $1?

For now, the near-term 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 combination of a strong technical setup, growing whale activity, and historical cycle patterns gives DOGE a credible shot at a sustained rally.

Still, meme coins like Dogecoin are inherently volatile, and traders should be prepared for sharp pullbacks even within an uptrend. Whether or not Dogecoin will hit $1 this year remains uncertain—but the conditions for a major move are steadily building.

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Filed under: Bitcoin - @ August 12, 2025 9:00 pm