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DOGE’s $1 Dream Alive Again? Weekly Chart Echoes Historic Breakout Signals

DOGE’s $1 Dream Alive Again? Weekly Chart Echoes Historic Breakout Signals

Published:
2025-05-26 16:34:44
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Dogecoin’s chart is pulling a déjà vu—flashing the same bullish patterns that preceded past moonshots. Traders are dusting off their ’to the moon’ memes as technicals hint at another run.

But let’s be real: this is DOGE we’re talking about. The coin that turned ’because memes’ into a market strategy. Even Wall Street’s quant bots are scratching their algorithms over this one.

Key levels to watch? The same psychological $1 barrier that’s crushed dreams before. Break it, and suddenly the ’joke coin’ has last laugh—again.

Just remember: in crypto, history doesn’t repeat—it just memes harder. And if DOGE fails? Well, there’s always another dog-themed token waiting in the wings.

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Dogecoin weekly chart by Surf If this pattern holds, Dogecoin could be set for another strong upward trend, especially as the broader market eyes potential altcoin momentum heading into the second half of 2025. While confirmation is key, the repeated structure bolsters bullish expectations. However, the analyst did not provide insight into how high Dogecoin could go upon a confirmed breakout. Meanwhile, a growing consensus among other market observers suggests a potential run to the much-anticipated $1 level. Responding to Surf’s update, one commenter remarked that not much work is left to be done before Dogecoin takes off. Another X user, Mark, remarked, "$1 is a magnet,” to which Surf expressed full agreement. Meanwhile, some commenters are lamenting the increasingly long wait time for the breakout. Dogecoin Ready for Blast Off to Near $1 Interestingly, widely followed analyst Trader Tardigrade also shared a similarly promising outlook for Dogecoin, based on a three-day chart. In his analysis, Tardigrade highlighted a potential blast-off to near the $1 level. His conviction also comes from historical occurrences, particularly in early and late 2024. During this time, Dogecoin broke out of a consolidation phase, surging 242.65% from $0.06613 in November 2023 to $0.2266 by March 2024. The price later retraced to the $0.08 level by August 2024, forming a six-month-long consolidation. However, another breakout followed, this time even more powerful. From a low of $0.08083, DOGE surged approximately 500% to hit $0.4835 in December 2024. Since that swing high, Dogecoin dropped to a low of $0.1315 in April 2025. Tardigrade’s chart suggests a bottom is now in. Dogecoin has already recovered significantly from this low and is currently trading at $0.22747. Tardigrade suggests that the rally’s completion could see DOGE surpass its all-time high of $0.73, potentially reaching the long-awaited $1 level. According to him, Dogecoin is "ready for blast-off," as the launchpad has already been built. https://twitter.com/TATrader_Alan/status/1926949955266121835 Market watcher Akbar Karimzsfeh expressed a similar sentiment in a separate analysis. However, he believes Dogecoin’s potential to surpass its previous peak hinges on a successful push above the $0.49 level, the area where DOGE faced resistance in December.  While he acknowledges that Dogecoin is flashing a mix of explosive patterns, he still urges caution.

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