- Dogecoin trades near $0.26, up 14% in the past week, with bullish chart patterns emerging.
- Analysts highlight fractal repetition and a rising megaphone formation pointing toward $0.70–$1.
- Community use, tipping, and payments continue to support DOGE beyond speculation.
Dogecoin has been showing some teeth again, trading near $0.26 after gaining more than 14% in the past week. Analysts are watching its structure closely, saying the coin is setting up for a bigger move—maybe even toward that elusive $1 mark. The charts are starting to echo older cycles, the kind that came before some of DOGE’s strongest rallies, and traders are picking up on the similarities.
Fractal Patterns and Higher Lows Signal Bullish Setup for DOGE
Analyst Tardigrade highlighted a fractal pattern on the two-week chart, similar to setups in 2022 and 2023. Back then, DOGE sat inside a descending triangle before breaking higher, and right now, the same kind of squeeze is visible. Price action has been making higher lows, often a sign that buyers are quietly stepping in as sellers lose momentum. Historically, this kind of compression builds up energy before a sharp breakout. With liquidity also rotating out of Bitcoin into altcoins, DOGE seems to be part of a broader risk-on wave.
Rising Megaphone Formation Points Toward $0.70 and $1 Targets
Another analyst, EtherNasyonaL, pointed to a rising megaphone pattern on the three-day chart. This setup, with wider swings as time goes on, usually hints at growing volatility before a decisive move. For Dogecoin, the upper boundary of the megaphone is the next key resistance. A clean close above that line could accelerate a run toward $0.70, and if momentum sticks, maybe even toward the psychological $1 level. The fact that both the fractal repetition and this megaphone are aligning makes the bullish case harder to ignore.
Dogecoin Adoption and Community Activity Support Demand
But it isn’t just technicals that explain why DOGE hasn’t faded. Real-world use—like tipping, micro-payments, and low-fee transfers—keeps demand steady even when hype cools down. Social buzz, especially across X, fuels community activity and liquidity. Developers and businesses keep adding DOGE to payments, giving it a broader footprint beyond speculation. Historically, when Bitcoin stabilizes, traders often rotate into altcoins for bigger short-term plays, and that’s helped boost DOGE volume into October.
Dogecoin Price Prediction: Can DOGE Rally Toward $1 in 2025?
Analysts see $0.70 as the near-term target if current strength continues, with $1 as the longer-term goal if volume and momentum hold. RSI and MACD indicators are already hinting at recovery, with momentum turning positive for the first time since mid-summer. That said, liquidity and macro sentiment will remain critical. If the broader market wobbles, DOGE could stumble too. Still, with recurring patterns, higher lows, and strong community backing, Dogecoin looks set to remain one of the few memecoins with staying power as 2025 rolls on.
