Dogecoin’s Rounding Bottom Nears Completion: DOGE Price Eyes $1 Milestone

Dogecoin's chart pattern screams breakout as the meme coin's rounding bottom formation approaches its final stages.

Technical traders are positioning for what could be the most significant DOGE rally since the 2021 frenzy. The pattern suggests a potential surge toward the psychologically crucial $1 level—a threshold that would make early adopters very happy and latecomers very nervous.

Market momentum builds behind the people's crypto. Retail interest is returning, institutional players are dipping toes, and the overall sentiment shift can't be ignored. This isn't just speculation—it's technical analysis meeting market psychology at the perfect storm moment.

Of course, in crypto, even the most beautiful chart patterns can evaporate faster than a hedge fund's moral compass. But for now, the stars seem aligned for Dogecoin's next act.

Dogecoin: What’s the Update?

Dogecoin has long been lingering at $0.20 to $0.25 price levels. The ETF murmurs have now started to show some effect, with Dogecoin primed to display some strength. As per Jonathan Carter, a leading cryptocurrency analyst, Dogecoin is nearing completion of its rounding bottom development on the chart. Per Carter, this is a bullish development, which can ultimately help Dogecoin score a series of new price spots.

Carter later explained how once this formation is completed, Doge price can explore breakthrough price points, including hitting $0.35, $0.45, $0.60, $0.75, and $1.

#DOGE Rounding Bottom NEAR Completion

Dogecoin is finalizing the pattern on the weekly timeframe after establishing a solid base

The weekly chart structure demonstrates growing buyer confidence as the price stays above the MA 50

Waiting for upward momentum toward targets… pic.twitter.com/d6CUkgdUwD

Carter later shared how the token is demonstrating a strong buyer confidence, fueling its price surge prospects up a notch.

Monthly Statistics Of The Asset

As per CoinCodex DOGE data, Doge price is now aiming for a 16% surge, targeting a new price mark of $0.31 by the end of this month to mid-October.