DOGE’s Potential Breakout: Double-Bottom Formation Signals Major Price Surge in 2025

Dogecoin ($DOGE) is currently under the radar of savvy investors who are accumulating the meme coin, anticipating a significant price movement by late summer 2025. Analyst Crypto Man MAB has identified a double-bottom formation on Dogecoin’s weekly chart, a technical pattern often indicative of a strong trend reversal. This development suggests that DOGE could be gearing up for its most substantial price move of the year. The cryptocurrency has successfully defended the critical support level at $0.142, further bolstering the bullish case. As accumulation continues, market participants are closely watching for a breakout that could propel Dogecoin to new heights. With the current time being July 2025, the stage is set for what could be a pivotal moment for DOGE holders and the broader crypto market.

Dogecoin Price Prediction – Technical Reversal Pattern Could Trigger DOGE’s ‘Biggest’ Move of 2025

Dogecoin ($DOGE) is quietly being accumulated by investors, signaling a potential new phase of accumulation that could propel its price significantly higher by late summer. Analyst crypto Man MAB highlights a developing double-bottom formation on Dogecoin’s weekly chart, a pattern often associated with powerful trend reversals.

The critical support level at $0.142 has been successfully defended by bulls twice—first in early April 2025 and again in late June—underscoring its importance for maintaining bullish momentum. Traders are now eyeing a potential breakout, with the double-bottom pattern suggesting a sharp upward reversal could be imminent.

If bullish momentum aligns, Dogecoin could be poised for its most significant price movement of the year, with targets potentially reaching $0.47. The market watches closely for confirmation signals to validate this technical setup.

Dogecoin Shows Signs of Potential Rally as Key Chart Pattern Emerges

Dogecoin's recent price action suggests a possible turnaround after months of bearish performance. The meme coin, currently trading around $0.16, has formed a falling wedge pattern—a technical formation often preceding bullish reversals.

Trader Tardigrade notes this marks the latest in a series of similar patterns dogecoin has traced against support levels over a two-year period. The setup comes after DOGE retreated from its yearly high of $0.48, with market volatility temporarily stifling upward momentum.

The emerging technical picture hints at waning selling pressure. Falling wedges typically resolve upward, suggesting Dogecoin may be preparing for a breakout that could establish new price thresholds.

Dogecoin Price Eyes 58% Rally on Breakout Potential

Dogecoin's price action is drawing renewed bullish attention as analysts flag a potential 58% upside move. The meme coin has rebounded from critical support NEAR $0.14-$0.15, with current trading around $0.165 suggesting a possible trend reversal.

Technical analysis reveals early signs of a bullish reversal pattern forming. A decisive break above the $0.17 resistance level could propel Doge to $0.26 - matching previous peak levels during strong upward moves. Market participants are watching for confirmation of this breakout scenario.