Dogecoin (DOGE-USD) is back on traders’ radars this month, as a classic bullish signal is repeating for the third time in two years. The meme-fueled asset has already gained over 30% in July, and analysts now say the same technical pattern that drove a 340% surge in 2024 is flashing once again.
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If the past is any guide, Dogecoin could be on track for a breakout toward $1.10 by the end of 2025, making it one of the top gainers in the altcoin market.
The MACD Bullish Cross Is Back
At the center of this new rally is a technical signal known as the MACD bullish cross. The Moving Average Convergence Divergence indicator, or MACD for short, is a tool that helps traders measure momentum. A bullish cross happens when the faster-moving MACD line crosses above the slower signal line. It’s widely viewed as a sign that momentum has flipped in favor of buyers.
That exact cross just occurred again on Dogecoin’s weekly chart. And according to historical data, that’s significant. In late 2023, the last time this signal appeared, Dogecoin rallied 273%. It happened again in late 2024, this time triggering a 343% surge within weeks.
So far in July, DOGE has gained around 30% since the signal flashed, and traders like Cas Abbé and Mikybull Crypto believe this could just be the start. “The previous time it happened, the price went nuts,” Mikybull wrote in a post on X.
A Familiar Chart Pattern also Points to $0.50 DOGE Next
Beyond the MACD signal, traders are watching a double-bottom breakout that’s emerging on Dogecoin’s daily chart. The pattern, which often suggests a strong shift from selling to buying momentum, places the next target near $0.48, about 90% above current levels.
Crypto analyst CipherX highlighted that DOGE has reclaimed its fair value gap around $0.20–$0.22, which now acts as support. That’s important because gaps created during aggressive price moves can serve as launch pads when price revisits them.
“As long as this fair value gap holds, momentum looks bullish and continuation is on the table,” CipherX said. He sees $0.48 to $0.50 as the main liquidity target if support levels hold.
Could DOGE Really Hit $1.10?
As always with Dogecoin, investor excitement comes with some skepticism. But structurally, the signals are stacking up in favor of more upside. The MACD crossover has historically been reliable, and support is forming at higher levels. If momentum remains intact and volume increases, a move toward $1.10 by year-end 2025 is not off the table.
Cointelegraph analysts have noted that multiple on-chain indicators also support the bull case. That includes transaction spikes, rising DOGE dominance, and improving sentiment on social channels.
For now, Dogecoin is holding just under $0.25 and showing signs of resilience even during broader market pauses. Now let’s see if DOGE can once again turn a technical setup into a rally that every reporter or crypto influencer is talking about.
