Dogecoin Breakout Fever: Is The 300% Moonshot | Crypto News
Dogecoin is urgent on a acquainted technical hinge on the weekly chart. In a setup highlighted by crypto analyst Cantonese Cat (@cantonmeow), DOGE has accomplished a third multi-month descending trendline take a look at in as many cycles, with price now hovering just below a quarter greenback after a transient breakout and early retest.
On the 1-week timeframe, the chart exhibits three distinct bear-market trendlines and subsequent expansions. The first downtrend, drawn from late-2022 swing highs through mid-2023 decrease highs, was damaged in September 2023. From that breakout level, DOGE superior roughly 230%, marking the cycle’s initial enlargement part.
The second sequence repeated across late-2023 into 2024: an April–June 2024 distribution created a contemporary descending line that capped price through October 2024, when a weekly close through the road triggered the next impulse. From that October 2024 breakout, the advance prolonged about 350% into the late-2024 peak.
Price motion since the November–December 2024 high close to $0.48 carved the third descending trendline. Over the past a number of candles, DOGE pushed through that line, then slipped back toward it, producing a traditional “return move” on diminished momentum. As of the chart’s timestamp (Sep. 29, 2025, 00:04 UTC), DOGE trades around $0.2369 on the weekly, a stage that sits in the center of this retest zone.
Golden Cross Or One More Dip For Dogecoin?
Crypto analyst Cas Abbé (@cas_abbe) is intently monitoring the daily chart, where a golden cross between the 100-day SMA ($0.2192) and the 200-day EMA ($0.2199) is forming. Historically, such crossovers have signaled the start of prolonged bullish phases.
Abbé careworn the broader market impression of a Dogecoin rally, noting: “DOGE golden cross is approaching soon. This is one of the alts I’m paying very close attention to. The reason is very simple: When DOGE pumps, Altseason starts.” His key threshold is $0.33, a resistance stage that has capped a number of rallies. A clean break above it might speed up capital rotation into the broader altcoin market. “If DOGE manages to pump above $0.33, alts will go bonkers,” he famous.
Meanwhile, liquidity dynamics add nuance to the technical image. Cryptoinsightuk (@Cryptoinsightuk) shared a liquidity heatmap indicating dense bids around $0.18, while provide concentrations above $0.30 kind notable resistance zones. He explained his tactical method: “Because of this I’ve closed my DOGE long slightly in the green and I’ve placed bids around $0.18.” This displays a market construction where merchants are positioning for draw back liquidity sweeps before potential continuation increased.
Currently trading close to $0.229, DOGE sits at the intersection of conflicting indicators. On one aspect, the historic sample of breakouts from descending trendlines, the approaching golden cross, and Abbé’s $0.33 breakout stage argue for bullish continuation. On the other, liquidity maps counsel vulnerability to deeper retracements toward $0.20–0.18 before any sustained rally.
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, fastidiously curated to keep you informed.