DOGE’s Bullish Breakout: Analysts Predict 170% Surge Ahead

Dogecoin (DOGE) has recently shown strong bullish signals, breaking out of a falling wedge pattern—a technical indicator often associated with trend reversals. Over the past week, the meme coin surged 17.2%, climbing from $0.16 to $0.18 between April 19 and April 25, 2025, with an additional 6.1% gain in the last 24 hours. Analysts are now eyeing a potential 170% moonshot following this breakout, as historical patterns suggest significant upward momentum. This development has reignited interest in DOGE, with market watchers closely monitoring its next moves.

Dogecoin Breaks Out, Signals Potential 170% Moonshot: Analyst

Dogecoin has surged 17.2% over the past week, breaking out of a falling wedge pattern—a technical indicator often signaling bullish reversals. The meme coin climbed from $0.16 to $0.18 between April 19 and April 25, 2025, with a 6.1% gain in the last 24 hours alone.

Market watchers highlight the significance of the wedge breakout, which previously contained DOGE’s downtrend after resistance tests at $0.28 in February and $0.16 in April. The pattern suggests potential for extended upward momentum, with one analyst projecting a 170% rally.

Dogecoin Millionaires Predicted to Emerge Within Months Amid Bullish Technical Signals

Dogecoin (DOGE) is flashing signs of a potential trend reversal after weeks of consolidation, with analysts identifying bullish divergence patterns that historically precede significant price rallies. The meme cryptocurrency has gained 12% over the past week, currently trading at $0.1816—just below its recent peak of $0.19.

Crypto Bio’s technical analysis highlights weakening bearish momentum through two distinct divergence signals on DOGE charts. "We’re setting up for Dogecoin millionaires to be minted in the next quarter," the analyst stated, pointing to similar historical patterns that preceded DOGE’s past parabolic moves.

Dogecoin Price Prediction: Can DOGE Break Above $0.18 in May?

Dogecoin has been quietly accumulating strength in recent weeks, positioning itself for a potential breakout. The meme cryptocurrency is consolidating below a critical resistance level NEAR $0.179, forming an ascending triangle pattern—a technical formation often signaling upward momentum.

Since mid-April, Doge has consistently defended higher lows, with buyers steadily pushing the price toward the $0.165-$0.18 range. The 4-hour chart reveals this structure has been developing since April 12, suggesting growing bullish control. Market participants are watching closely to see if the token can decisively clear the $0.18 threshold.