đ DOGE Primed for 70% Surge as RSI Flashes Bullish Signal: Will Dogecoin Dominate Q3?
Dogecoin isn't just barkingâit's biting. The meme coin holds firm above $0.18 while its RSI screams 'buy' with a potential 70% rally on the horizon. Q3 could be Doge's playground.
### The Technical Tailwind
RSI levels haven't looked this juicy since Elon last tweeted a Doge meme. Traders are circling, charts are aligningâmathematics meets meme magic.
### The Q3 Question
Can DOGE outrun Bitcoin's shadow? With institutional money still treating crypto like a casino, Dogecoin's retail army might just laugh their way to the bank. Again.
Remember: In crypto, fundamentals are optionalâbut price action is forever. Buckle up.
Institutional Accumulation Fuels Dogecoin Optimism
Adding fuel to the fire, large dogecoin whales have accumulated over 1 billion DOGE in just 48 hours, signaling growing confidence among institutional investors. Historically, such accumulation often precedes major price moves.
Analysts now speculate that September could see DOGE breaking past key resistance levels at $0.50, with some even eyeing a long-term target of $1 if bullish momentum sustains.
Technically, DOGE is also forming a bullish megaphone pattern, which could pave the way for extended upside if confirmed. The coin is also trading within the historical accumulation zone of $0.15â$0.22, a range that previously triggered exponential rallies.
Though the broader meme coin sector has underperformed this cycle, Dogecoinâs technical setup tells a different story.
According to past posts from X analyst Trader Tardigrade, DOGE has already completed two significant bottoms in a classic reversal pattern, with a third forming. If history repeats, this structure could precede another breakout.
Additionally, CoinCodex predicts a 16% rise in Doge price by early September, targeting $0.24. With a neutral sentiment and Fear & Greed Index at 64 (greed), market conditions appear ripe for a rebound.
If DOGE can maintain support above $0.18 and follow through with historical RSI-driven rallies, the meme coin could surprise investors with a strong Q3 performance.
Cover image from ChatGPT, DOGEUSD chart from Tradingview