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Dogecoin Primed for Explosive Rally as Bitcoin Correlation Turns Bullish

Dogecoin Primed for Explosive Rally as Bitcoin Correlation Turns Bullish

Author:
Tronweekly
Published:
2025-04-28 06:00:00
19
2

Meme coin season is back—Dogecoin’s chart patterns now mirror Bitcoin’s pre-pump trajectories, sparking trader euphoria. When BTC sneezes, DOGE catches a cold... or in this case, a rocket.

Technical analysis shows DOGE breaking key resistance levels that previously capped gains. The ’people’s crypto’ is now flirting with a 200-day moving average crossover—a classic bull signal even Wall Street can’t ignore (though they’ll still call it a ’speculative asset’).

With Bitcoin dominance wavering, altcoins like Dogecoin are absorbing capital flows. Retail traders are piling in, while institutional investors quietly adjust their ’digital asset’ slideshows to include memes. The irony? This rally could outperform their precious ETFs.

Just remember: in crypto, what goes ’to the moon’ usually comes crashing back—but not before making a few degenerates very rich.

HBAR

  • Trader Tardigrade predicts Dogecoin could soon outperform Bitcoin based on repeating OBV and price patterns.
  • DOGECAPITAL’s cycle top indicator suggests a major peak for Dogecoin might occur by late October 2025.
  • Rising volume pressure and broken resistance lines hint at a bullish Dogecoin momentum against Bitcoin.

Dogecoin’s trading behavior against Bitcoin is drawing increasing attention as prominent trader Trader Tardigrade points to an emerging pattern reminiscent of its 2024 breakout.

Referring to the $DOGE/$BTC chart, Tardigrade draws attention to the parallels between current and historical On-Balance Volume (OBV) trends. Previously, when this configuration was present, Doge far surpassed Bitcoin between October and December of 2024.

The breakdown of the chart indicates two key components. In the top part, the $DOGE/$BTC candlestick chart displays pivotal price actions.

image 263 1

Past rallies are colored and annotated, marking times when DOGE appreciated against Bitcoin. The characteristics of the chart include a series of higher lows and a breakout above a declining trendline, indicating strength.

Simultaneously, the lower half concentrates on the OBV indicator that monitors volume dynamics in the direction of the price trend. Tardigrade highlights the OBV rising again from 2118 to 2148, replicating the spike prior to Dogecoin’s most recent rally.

This price/volume correlation means another break could be NEAR at hand, enough reason for traders to be on the lookout.

OBV Surge and Price Breakout Signal Possible Rally

The technical structures under discussion by Tardigrade highlight two key aspects: the violation of a longstanding declining resistance level and rising OBV.

These have traditionally led to powerful advances, especially when they’re followed by accumulation phases of sideways price movements within zones of consolidation.

The $DOGE/$BTC ratio broke sharply higher during the 2024 rally after a corresponding breakthrough, getting as high as 0.0000035 BTC before reversing. The present setup appears to mimic this scenario, and DOGE finds itself again around the crucial resistance zones. Positive OBV supports the extension of the bullish momentum, indicating that the buyers are consistently taking back the reins.

But as Tardigrade points out, the sole use of OBV sometimes gives a hasty conclusion. Cross-validation using the likes of a moving average or RSI would make the projection more credible. Yet the chart picture thus far remains decidedly bullish for Dogecoin’s short-term outlook vs. Bitcoin.

Custom Indicator Tracks Dogecoin’s Cycle Tops

Adding another angle to the bull story, analyst DOGECAPITAL offers a quite different but equally interesting take.

Using a bespoke indicator monitoring Dogecoin’s past cycle peaks, DOGECAPITAL determines recurring patterns correlated with Bitcoin’s larger market cycles. Dogecoin generally makes earlier or later cycle peaks, according to his calculations based on certain chart movements.

image 263

Within the present cycle, DOGECAPITAL indicates another top may be possible towards the later cycle stages, where the key window tightens around the period of October 27th, 2025.

History indicates this model’s consistent ability to foresee notable Dogecoin highs. Dogecoin might find itself on the cusp of another tremendous valuation boom in the coming months if history holds any significance.

Related Reading | XRP Breakout Imminent: $2.29 Resistance Could Spark Major Rally

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