Is Dogecoin About to Explode? Cup & Handle Pattern Suggests Massive Bull Run Incoming!
Dogecoin (DOGE) is making headlines again — and this time, it’s not just memes.
According to TradingView analyst CobraVanguard, Dogecoin is forming a classic cup and handle pattern on the monthly chart — a strong technical indicator of a bullish continuation.
The cup began forming after DOGE’s legendary surge to $0.80 in 2021. Since then, the price entered a long correction, bottoming out around $0.046. Fast-forward to now, and DOGE is up 733% from that low, currently trading at $0.162 after a 4.3% daily jump and a 17.3% surge over the last 14 days.
If this pattern completes, the CD leg could take Dogecoin all the way to $0.88 — that’s +443% from current levels and a potential breakout beyond previous all-time highs!
But not all analysts agree. SwallowAcademy suggests a deeper pullback may come first — potentially down 40% — before a 400% rally to $0.45. For now, DOGE is defying that bearish thesis with renewed strength.
On-chain metrics support the hype:
New addresses up 102.4%
Active wallets up 111.32%
Zero-balance wallets up 155.4%
This spike in network activity suggests growing user adoption — not just trading buzz.
TL;DR: Dogecoin’s chart looks 🔥, user growth is booming, and the bulls are circling. Is DOGE the next breakout star of 2025?
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