DOGE Poised for Parabolic Surge as Double Bottom Pattern Signals Major Rally

Dogecoin (DOGE) is once again in the spotlight as bullish technical patterns suggest a potential parabolic rally. The meme cryptocurrency has successfully rebounded from critical support levels, with analysts noting a breakout from a descending trendline on hourly charts. As of July 28, 2025, DOGE is trading around $0.2379, backed by a robust 24-hour trading volume of $2.29 billion and a market capitalization of $35.71 billion. This recovery follows a recent dip on July 21, when the price fell from $0.28 to $0.23, indicating strong buyer interest at lower levels. The emergence of a double bottom pattern—a classic bullish reversal signal—has further fueled optimism among traders. Market participants are now eyeing key resistance levels, with a breakout potentially triggering a significant upward move. The combination of technical strength and renewed market attention positions DOGE for a possible major rally in the coming weeks.

Dogecoin Price Eyes Parabolic Rally as Double Bottom Pattern Emerges

Dogecoin is capturing market attention once again as bullish patterns emerge across multiple timeframes. The meme coin has rebounded from key support levels, with technical analysts highlighting a breakout from a descending trendline on hourly charts.

Current trading shows Doge hovering around $0.2379, with a $2.29 billion 24-hour volume and $35.71 billion market cap. The recovery follows a July 21 dip from $0.28 to $0.22, with the bounce aligning perfectly with the 0.618 Fibonacci level on 4-hour charts.

Institutional interest appears to be growing alongside these technical developments. The convergence of bullish indicators across different timeframes suggests DOGE may be preparing for significant upward movement in the NEAR term.

Dogecoin Price Prediction Eyes Breakout Toward $0.36 as Bullish Momentum Grows

Dogecoin is regaining momentum, trading at $0.2394 with rising volume and investor interest signaling potential for a breakout. Analyst Ali Martinez notes DOGE's return to a historical accumulation zone, a precursor to major rallies in the past.

A decisive MOVE above $0.25 could trigger a sharp upward trajectory, with minimal resistance until the $0.36 level. The memecoin's 24-hour trading volume of $9.74 billion and market cap of $35.80 billion reflect growing trader anticipation of a broader rally.

Market sentiment appears to be aligning for Dogecoin's next leg up, as technical patterns mirror previous setups that preceded significant price appreciation.

Analyst Predicts Dogecoin Rally to $0.36 Amid Meme Coin Resurgence

Dogecoin (DOGE) could surge to $0.36 following a breakout above $0.25, according to prominent analyst Ali Martinez. The prediction comes as meme coins show resilience despite recent pullbacks, with DOGE up 46% monthly and others like Bonk and Pudgy Penguins gaining over 100%.

Martinez highlights a near-absence of resistance between $0.25 and $0.36, suggesting rapid upside potential. His longer-term chart analysis indicates Dogecoin sits in a historically bullish accumulation zone, with technical patterns pointing toward eventual targets above $3.

The meme coin sector continues demonstrating strength, with traders watching for DOGE's potential breach of $0.30. Market participants are evaluating whether current conditions mirror previous breakout setups that preceded major rallies.