The post Dogecoin Price Eyes Rally to $6 Amid Strong Treasury Demand appeared on BitcoinEthereumNews.com.

Key Notes Technical indicators, including Bollinger Band patterns, suggest Dogecoin price could rally to $0.41–$0.97 in the short term. Institutional appetite is growing, with CleanCore Solutions’ Dogecoin Treasury surpassing 500 million DOGE. DOGE is forming similar chart patterns ahead of the parabolic bull run in 2017 and 2021. The Dogecoin price refuses to stop anytime soon, as the world’s largest meme coin has surged another 9%, reaching $0.2832, with its market cap soaring to $42.7 billion. The latest rally comes on the heels of the Rex-Osprey DOGE ETF, and bullish sentiment surrounding it. Market analysts believe that a major parabolic rally for the meme coin is coming soon. Dogecoin Price Prepares for Parabolic Rally With 31% gains on the weekly chart, Dogecoin is dominating the broader crypto market rally, with daily trading volumes soaring all the way to $5.23 billion. Furthermore, the Coinglass data shows that the DOGE futures open interest has surged by 24% to nearly $6 billion, suggesting strong investor sentiment. The near-term as well as the long-term sentiment for DOGE remains bullish. Popular crypto analyst Trader Tardigrade highlights a potential bullish setup for Dogecoin price on the weekly chart. According to the analyst, whenever the Bollinger Band Width hits the current orange level, DOGE has historically surged between 100% and 378%. Based on this pattern, the analyst projects a possible price target between $0.41 and $0.97. Dogecoin price trades within Bollinger band width – Source: Trader Tardigrade On a multi-year chart, DOGE is showing the perfect setup of trend reversal from the bottom in the upward trending channel. As shown in the image below, the Dogeocin price is showing signs of a breakout from the shaded green region. The analyst believes that DOGE is set for a parabolic rally all the way to $6, similar to the…

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Filed under: News - @ September 13, 2025 2:26 pm