Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A fresh analysis points to a developing bullish patternthat may set the stage for a massive surge in the Dogecoin price. The crypto analyst who shared this analysis argues that the current structure in DOGE’s trend suggests the early formation of a recovery movestrong enough to trigger a 174% price rally. With momentum building and technical indicators aligning, this new setup could be the catalyst that pushes Dogecoin out of its downtrend. Dogecoin Price Trend Signals 174% Rally
Dogecoin is entering a phase that analysts say could be the beginning of a powerful bullish structure forming on the charts. According to crypto market expert Javon Marks, the popular meme coin is maintaining a series of signals pointing toward a major upside continuation phase. If confirmed, these developments could open the door to an explosive 174% rally in the weeks ahead. Related Reading Can Dogecoin Price Still Reach $10 With The 3rd Wave Deadlock? 3 days ago
Marks explainedthat Dogecoin’s price behavior is beginning to reflect a bullish trend that could accelerate rapidly. The chart shows that momentum indicatorsare displaying early signs of strength and recovery while key support levels have remained firmly intact. This combination is laying the foundation for a much bigger breakout, one that the analyst predicts could spark a rally well above 174%. Source: Chart from Javon Marks on X
The analysis shows that the projected 174% rally is part of a broader recovery wave, with Dogecoin expected to reach $0.374 as its first target. Beyond that stage, a more ambitious goal sits near $0.6533, a level that lies more than 315% above DOGE’s current price of $0.136. Even more impressively, Marks has forecasted an explosive surgeto $1.25, representing a staggering 820% increase in the meme coin’s price.
The accompanying chart shows Dogecoin forming a series of higher supports following a prolonged corrective period. According to Marks, this developing trend shows that the meme coin is maintaining strong bullish signals despite its volatile price actionover the recent months. The chart also displays a clear break from its extended downtrend, followed by a sequence of impulsive waves that continue to hold above previous lows. Dogecoin Eyes Breakout Above Key Resistance Zone
Sharing similar bullish sentiments, crypto analyst Sudelytic notesthat Dogecoin is showing signs of a resurgence after a prolonged period of quiet activity. According to the expert, the meme coin is approaching a key resistance zonebetween $0.30 and $0.35, a price range that could determine its next move. Related Reading What Happens If Dogecoin Moves Out Of This Massive Wyckoff Accumulation? 6 days ago
If Dogecoin breaks above this zone with strength, Sudelytic predicts it could target new levels above $1.5. Despite its strong breakout potential, the analyst cautions that this resistance area is challenging to overcome. A failure to move past it could result in additional sideways actionbefore any significant upward momentum returns.
Given the significance of this resistance, Sudelytic notes that Dogecoin’s price action is being closely monitored. He points out that the meme coin’s history of unexpected rallies is the key reason why he remains optimistic about its outlook. DOGE trading at $0.13 on the 1D chart | Source: DOGEUSDT on Tradingview.com Featured image from Pngtree chart from Tradingview.com