Doge Up 340% Since This Signal Last Appeared

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Dogecoin (DOGE) once again signals a strong price increase as the MACD (Moving Average Convergence Divergence) indicator on the long-term timeframe shows a bullish crossover, similar to the late 2024 period when DOGE's price surged over 330% in just a few weeks.

Currently, a similar technical setup is forming in July 2025, raising expectations that DOGE could continue to repeat its impressive breakout cycle. If this trend continues, analysts believe a strong price surge could occur in the coming days or weeks, especially as technical indicators and money flow continue to support the upward trend.

Dogecoin Price Surges from 270% to 340% in Past Periods

The MACD indicator, one of the popular tools for assessing momentum and price trends, has just issued a bullish crossover on Dogecoin's (DOGE) weekly chart. This is a technical signal that analysts pay special attention to, as history has shown that each time this signal appears, DOGE typically enters a strong growth phase.

Specifically, in Q4/2023, Dogecoin increased by over 273%, and in Q4/2024, the increase reached 343% after similar crossovers between the MACD line (green) and signal line (orange).

According to analyst Cas Abbé: "The weekly MACD bullish crossover for $DOGE has occurred. So far, DOGE has increased 30% since this signal, indicating larger fluctuations are still ahead."

DOGE increases 340% after this signal's recent appearance

Agreeing with this view, technical analyst Mikybull Crypto notes that DOGE's chart structure suggests a potential price surge, especially if this meme coin can break through important resistance levels in the near future.

DOGE Price Needs to Establish Important Support

Dogecoin (DOGE) is sending positive technical signals after escaping a prolonged downtrend, forming a double bottom pattern – one of the classic price reversal structures. This pattern reinforces growth prospects with a potential target towards the $0.478 zone, equivalent to nearly a 90% increase from the current price.

Analyst CipherX reports that DOGE is strongly consolidating around the Fair Value Gap (FVG) at $0.20 – $0.22 – a reasonable gap formed during the recent upward movement. "After scanning through the lower FVG, DOGE has regained support and is now pushing upward," CipherX noted on X on Wednesday.

DOGE increases 340% after this signal's recent appearance

FVG or price imbalance zones typically serve as support when the market corrects during an upward trend. CipherX predicts that if this FVG is maintained, DOGE could continue climbing to $0.48–$0.50, which is identified as the primary liquidation target.

"As long as this FVG is protected, the market structure remains positive, and the likelihood of continuing the upward trend is very high," he emphasized. Combining technical factors and on-chain data, DOGE could reach $1.1 before the end of 2025 if the current upward momentum is maintained.

This article does not contain investment advice or recommendations. All investment and trading activities involve risks, and readers should conduct their own research before making decisions.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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