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Dogecoin Price Prediction: DOGE’s Bullish ’W’ Formation Signals $1 Target – Is the Meme Coin Going Mainstream?

Dogecoin Price Prediction: DOGE’s Bullish ’W’ Formation Signals $1 Target – Is the Meme Coin Going Mainstream?

Published:
2025-07-27 14:00:33
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Dogecoin just flashed its most bullish technical setup in years—and traders aren’t laughing anymore.

The ‘W’ bottom formation on DOGE’s weekly chart suggests a potential breakout toward $1, a psychological milestone that could rewrite the meme coin’s narrative. But can Elon’s favorite joke asset actually hold institutional attention—or will this rally dissolve like a Doge meme from 2013?

Key levels to watch: If DOGE clears $0.75 resistance, the path to dollar parity opens up. Fail here, and we’re back to speculating which crypto influencer will tweet next.

Funny how a currency literally named after bad grammar now has hedge funds drawing Fibonacci retracements. Only in crypto.

Bullish Chart Structure Ignites Community Optimism

Recent Dogecoin price prediction discussions have been fueled by strong technical indicators. DOGE’s weekly chart has lately revealed the recently formed W pattern, historically a call for a bullish breakout. Through short-term fluctuations, most believe this structure could be the setup for DOGE to establish a new price floor around the $1 mark.

That Optimism has carried over into the community, too, as evidenced in this recent thread noting greater activity and renewed interest in Dogecoin’s path. Its market capitalization is now at $37.18 billion with a trading volume of $3.69 billion — down 31.79% — which may be cooling off following previous hype.

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