Dogecoin (DOGE) has once again triggered a major bullish indicator one that previously sent its price soaring by 445%. Market analysts suggest that this could mark the beginning of another powerful rally, potentially driving the memecoin to the long-awaited $1 milestone.
The indicator in question is Dogecoin’s monthly Relative Strength Index (RSI) crossing above its simple moving average a pattern that in past cycles led to explosive rallies of 300% (in 2023–2024) and 445% (in late 2024). Experts now believe a similar breakout could soon unfold, especially as DOGE forms an ascending triangle pattern targeting $0.65 in the coming weeks.
Analyst Mikybull Crypto noted that “whenever this signal flashes on DOGE,[1] a big move is imminent,” while Mags, another market analyst, said institutional demand and potential spot ETF approvals could fuel the next “God candle,” possibly taking DOGE above its previous all-time high of $0.73 toward $1.20.
Current Crypto Market Snapshot
Rank | Coin | Price (USD) | 24h Change | Market Cap (USD) |
1 | Bitcoin[2] (BTC) | $67,250 | +1.4% | $1.32 Trillion |
2 | Ethereum (ETH) | $3,150 | +0.8% | $378 Billion |
3 | BNB (BNB) | $598 | +1.2% | $89 Billion |
4 | Solana (SOL) | $172 | +2.5% | $78 Billion |
5 | Dogecoin (DOGE) | $0.25 | +5.9% | $35 Billion |
With the RSI bullish cross flashing green once more and increasing institutional attention toward memecoins, analysts predict Q4 2025 could be a turning point for Dogecoin potentially replicating its previous parabolic gains.