DOGE Primed for Breakout: Livermore Cylinder Pattern Signals Rally to $1.5

Dogecoin (DOGE) is showing strong bullish signals as it enters a Livermore Cylinder pattern, a technical formation that could drive its price to $1.5. According to crypto analyst TradingShot, this pattern indicates the start of an aggressive breakout phase, following an extended accumulation period since October 2023. The Livermore Cylinder, resembling a megaphone shape, suggests significant upward momentum for the meme coin. As of July 2025, market watchers are closely monitoring DOGE's price action for potential gains.

Dogecoin Price Enters Bullish Livermore Cylinder Pattern, Potential Rally to $1.5

Dogecoin's price action has captured attention as it enters a bullish Livermore Cylinder pattern, a technical formation that could propel the meme coin to $1.5. Crypto analyst TradingShot identifies this development as the start of an aggressive breakout phase, following what appears to have been an extended accumulation period since October 2023.

The Livermore Cylinder pattern, resembling a megaphone formation, suggests Doge may soon test unprecedented levels. TradingShot's analysis projects two key targets: $1.50 (Level 8) and $12 (Level 9), both representing significant upside from Dogecoin's current all-time high of $0.73.

This technical setup coincides with broader altcoin market accumulation patterns. The analyst's chart indicates the $1.50 target could be achieved within the current year, while the more ambitious double-digit projection remains a longer-term possibility for the cryptocurrency that began as a joke.

Dogecoin Eyes $0.46 Breakout as Double Bottom Pattern Emerges

Dogecoin (DOGE) is testing a critical support level at $0.23, with analysts watching for a potential double bottom formation between April and July lows NEAR $0.20. A decisive reclaim of $0.26 could confirm the bullish pattern, opening a path toward $0.46 according to chart projections.

On-chain data reveals large holders accumulating 310 million DOGE despite recent profit-taking, signaling underlying demand. Trading volume has dipped 32% as the market awaits confirmation of the breakout. Crypto analyst Ali Martinez notes the $0.30 and $0.36 levels may serve as interim resistance zones should the rally materialize.

Trump Is Not The Most Influential US Politician in Crypto – The Shocking Top 10 List

Elon Musk has surpassed Donald TRUMP as the most influential political figure in cryptocurrency, according to a data-driven analysis by ApeX Protocol. The ranking, which combines crypto holdings, net worth, and social media reach, highlights Musk's dominance with 221.2 million followers and an estimated $2 billion in crypto investments.

The study underscores that influence in the crypto space extends beyond financial clout, blending politics, communication, and culture. Trump, despite his vocal support for digital assets, secured the second spot, reflecting the evolving dynamics of crypto's power players.

ApeX Protocol's methodology weighted social media presence heavily, using X and Instagram follower counts to gauge each figure's ability to shape public opinion. The findings reveal a landscape where tech entrepreneurs outpace traditional politicians in driving crypto narratives.