Dogecoin Technical Patterns Suggest Continued Price Acceleration

Dogecoin shows strong uptrend with projected 500% rally toward $0.60 to $0.70 zone.

MACD bullish crossover signals momentum shift as DOGE trades near $0.238 support.

Market cap stands at $35.82B while community sentiment remains 86% bullish on DOGE.

Long-Term Outlook Shows Uptrend Will Continue Dogecoin (DOGE) still has a strong bullish structure on its chart for the last few years. Since 2023, an ascending trendline has acted as support, according to analysts. The chart shows a series of big rallies: an 84% gain in early 2024, a 194% rise later in the year, and a 446% peak in mid-2025.

Source: Bitcoinsensus on X

With the current projections, in case the current trend continues, there may be yet another big swing, perhaps by 500 to 610%. The second target area is 0.6 to 0.7. But based on past price action, every rally has been larger than the last, implying that bullish momentum is increasing.

The technical indicators favor a bullish condition

The MACD indicator just recently presented a bullish crossover. Crossing over has occurred on this chart immediately before large upward pressure. The new signal may tell about the continuation of the uptrend in case the conditions on the market remain good.

The long-term ascending trendline still has strong support levels. If the price drops below this line, the current bullish outlook would no longer be valid, and the correction could get worse. Resistance levels are likely to be close to previous highs, just before the $0.60 zone.

Price Levels and Market Conditions in the Short Term

Dogecoin is fetched at $0.238 in the intraday map of the coin and a marginal subsidiary is $0.234. As it stands, it is currently facing rejection at the level of around $0.2396, and should it maintain this momentum, then it would be aiming for the next short-term objective of around $0.241. The Relative Strength Index (RSI) is also heading to being overbought, which might translate to a break or slight correction.The market capitalization, as per CoinMarketCap, is at the level of $35.82 billion, with the 24-hour trading volume at the level of $1.57 billion. Although the volume has reduced, the bullish sentiment remains in effect, where 86 percent of community votes indicate that they believe that the prices would rise further.

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