Dogecoin (DOGE) Price Prepares for 270% Breakout, Says Analyst - Coinspeaker

Key Notes

• Trader Tardigrade noted that DOGE’s monthly chart mirrors its first major cycle, suggesting the end of the accumulation phase before the breakout.
• Analyst Daan Crypto Trades emphasized $0.18 as a crucial support level and $0.218 as the key resistance level.
• Investors are gearing up for a major upside ahead for DOGE with hopes of a spot Dogecoin ETF approval.

After hitting the lows of $0.175 earlier this week, the largest meme coin Dogecoin

DOGE $0.20

24h volatility: 0.7%

Market cap: $29.82 B

Vol. 24h: $1.55 B

is preparing for a 270% breakout to its all-time highs. Historical chart patterns revive market optimism, making traders bullish for the next rally. For a sustained rally to the upside, DOGE price should first break the resistance of $0.218 in the near term.

Dogecoin Price Rally Ahead in the Making

During the crypto bull runs of 2017 and 2021, Dogecoin price showcased a parabolic run-up before seeing any major correction. A similar setup on the charts is currently reappearing, which could set the stage for a major upside ahead. Moreover, investors are also gearing up for the approval of a spot Dogecoin ETF once the US shutdown ends.

Crypto analyst Javon Marks reiterated his bullish outlook on Dogecoin (DOGE). He added that the meme coin’s current trend signals a potential rally of nearly 270% toward its all-time highs. Marks added that there is a strong likelihood of further upside extension, emphasizing that “there’s no debating that.”

Dogecoin price to see parabolic rally | Source: Javon Marks

Other market experts have echoed similar thoughts for the meme coin. Analyst Trader Tardigrade shows that Dogecoin may be nearing the end of its accumulation phase, noting that the token’s monthly chart appears to be replicating its first major cycle.

According to the analyst, DOGE price has seen two false breakouts within its current trading channel, which could set the stage for a “massive surge” in price soon.

Short-Term Price Action for DOGE Ahead

Crypto analyst Daan Crypto Trades said Dogecoin (DOGE) price action currently reflects the broader state of the crypto market. According to him, DOGE and most major cryptocurrencies have been consolidating after a sharp correction, forming a trading range with higher lows since last Friday.

He noted that a breakout above the local high of $0.218, which corresponds to Bitcoin’s $116,000 level, would signal a new higher high and likely end the consolidation phase. However, a drop below last Friday’s low of $0.177 could indicate renewed weakness in the short to mid-term.

At present, Daan added, most assets, including Bitcoin and DOGE, remain positioned in the middle of their trading ranges. Thus, investors await a clear directional move to make decisive bets.

Related article: Shiba Inu Burn Rate Jumps 2,713% in Onchain Shift, Will SHIB Price Follow?Crypto analyst Ali Martinez said that Dogecoin (DOGE) must defend the $0.18 support level. Holding this level, he noted, would open a path toward $0.25 or $0.33.

Maxi Doge Presale Approaches $4 Million Fundraising

Maxi Doge (MAXI) is gaining momentum in the crypto market, with its presale funds jumping from $2.88 million to over $3.74 million in a short time period. The surge reflects growing investor confidence and optimism about the token’s long-term potential.

Presale Highlights:

• Current price: $0.0002645
• Amount raised: $3.74 million
• Ticker: MAXI

The official presale website notes that the token price will be adjusted in less than two days. You can find more detailed information about the Maxi Doge launch date on Coinspeaker.

Purchases can be made via credit or debit card, as well as cryptocurrency. With its rapid growth and steady investor interest, Maxi Doge is emerging as one of the best crypto presales of 2025.

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