{"id":5294,"date":"2025-07-21T12:59:45","date_gmt":"2025-07-21T12:59:45","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dogecoin-price-braces-for-a-major-surge-as-rare-patterns-converge\/"},"modified":"2025-07-21T12:59:48","modified_gmt":"2025-07-21T12:59:48","slug":"dogecoin-price-braces-for-a-major-surge-as-rare-patterns-converge","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dogecoin-price-braces-for-a-major-surge-as-rare-patterns-converge\/","title":{"rendered":"Dogecoin price braces for a major surge as rare patterns converge"},"content":{"rendered":"
\n

Dogecoin price staged a strong rally on Monday, crossing a crucial resistance level as the crypto market bull run continued.\u00a0<\/p>\n

Dogecoin (DOGE) jumped to $0.2735, its highest point since February 15, and 110% above its lowest point in April. This jump happened in a high-volume environment, with the 24-hour metric soaring to over $6.2 billion.<\/p>\n

Dogecoin price technical analysis points to more gains\u00a0<\/h2>\n

The daily timeframe shows that the DOGE price has more upside as two rare patterns are about to converge. First, the token formed a double-bottom pattern at $0.1425, and a neckline at $0.2595. A double bottom is one of the most common bullish patterns in technical analysis.<\/p>\n

DOGE has now surged above the double-bottom\u2019s neckline at $0.2595, its highest level on May 11. Moving above that level confirms the bullish outlook of the double-bottom pattern and points to more gains.\u00a0<\/p>\n

In this case, the pattern\u2019s height is $0.117, which is derived from subtracting $0.1425 from $0.2595. Adding the height to the neckline gives the price target at $0.3765.<\/p>\n

<\/p>\n

Dogecoin price is also about to form a golden cross pattern, which happens when the 50-day and 200-day moving averages cross each other. This pattern implies that the short-term momentum is strengthening.\u00a0<\/p>\n

The Average Directional Index has jumped to 42, the highest level since March 5 this year. A surge in the ADX metric means that the trend is accelerating.\u00a0<\/p>\n

Therefore, the DOGE price will likely continue rising as bulls target the key point at $0.3765, up by 38% from the current level. A drop below the support at $0.2500 will invalidate the bullish outlook.<\/p>\n

<\/source><\/p>\n<\/picture>
Dogecoin price chart | Source: crypto.news<\/figcaption><\/figure>\n

Top 2 catalysts for DOGE price<\/h2>\n

There are a few catalysts that may push DOGE price higher in the coming weeks. First, Polymarket odds<\/a> that the Securities and Exchange Commission will approve spot DOGE ETFs have surged to 80%. These ETFs will likely lead to more inflows from investors as Bitcoin and Ethereum have demonstrated. Bitcoin ETF inflows have jumped to $54 billion, while Ethereum\u2019s have soared to over $7.4 billion.\u00a0<\/p>\n

DOGE price will benefit from the potential altcoin season index, which will lead to demand for both meme coins and utility tokens. Indeed, third-party data shows that whales are buying DOGE, while the open interest soared to a multi-month high of $4.83 billion.\u00a0<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin price staged a strong rally on Monday, crossing a crucial resistance level as the crypto market bull run continued.\u00a0 Dogecoin (DOGE) jumped to $0.2735, its highest point since February…<\/p>\n","protected":false},"author":1,"featured_media":5295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5294"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5294\/revisions"}],"predecessor-version":[{"id":5296,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5294\/revisions\/5296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5295"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}