Dogecoin traded within a narrow range throughout August 2025. Analysts believe this coin is repeating chart patterns that previously led to strong price increases. Will these signals be enough to push DOGE to higher levels in the upcoming quarter?
Dogecoin Shows 'Rounded Bottom' and Symmetrical Triangle Patterns
Analyst Zeinab suggests that Dogecoin (DOGE) is forming a 'rounded bottom' pattern – a technical structure often seen as a signal for the onset of a new upward trend. She further noted that DOGE is currently moving within a symmetrical triangle, which typically signals a period of 'compression' before the market explodes.
According to Zeinab's analysis, the important resistance level ahead is around 0.29 USD. If DOGE decisively breaks above this threshold, the price pattern could repeat the scenario that occurred previously when this token surged from around 0.18 USD to 0.49 USD. If the upward momentum is further strengthened, DOGE could even aim for the 0.80 USD zone in Q4 2025.
Currently, traders are closely monitoring the 0.29 USD zone – which Zeinab describes as the decisive 'ceiling' of the trend. Only when this level is surpassed will a bullish signal be truly confirmed.
The liquidity trend in the market also reinforces a positive outlook. Data shows that buying pressure has remained stable over the past few weeks, even though trading volume is still lower compared to previous strong spikes. Experts believe that if trading activity surges again, it could be a crucial catalyst for activating DOGE's bullish scenario.
Short-Term Setup: Attractive Risk-Reward Balance
Cryptoinsightuk experts see a notable opportunity for short-term traders, as Dogecoin (DOGE) recently swept through both recent highs and lows. This development means that stop-loss orders on both sides of the market have been triggered, often a signal for potential price reversals.
According to his calculations, the risk-reward ratio is 6.5, a level considered extremely attractive. In trading, a ratio above 1 indicates potential profits outweighing risks, while a ratio exceeding 5 is often viewed as a rare opportunity.
Cryptoinsightuk also points out that the Relative Strength Index (RSI) – a measure of price momentum – has bounced back after falling into the oversold zone. On a scale of 0–100, an RSI below 30 reflects oversold conditions, while above 70 indicates overbought. Currently, the RSI is approaching the neutral mark, indicating that market momentum is improving.
He believes this is a factor that aligns with the price recovery outlook. He himself holds a low-leverage swing position on DOGE and assesses that the current technical setup presents a clear opportunity for traders seeking short-term entry points.
Volume analysis also supports this view. The combination of rising RSI and stable liquidity, he believes, has increased the likelihood that DOGE will retest the 0.29 USD area. However, if the token fails to surpass this level, the risk of a pullback to the support area of 0.20 USD remains present.
Dogecoin's Outlook in the Coming Months
At the time of writing, Dogecoin is trading around 0.21 USD, up 2.3% in the last 24 hours. However, this coin has still recorded a decline of nearly 4.4% over the week and more than 17% over the past month.
DOGE reached an all-time high of 0.7375 USD. Currently, the market capitalization is approximately 33 billion USD, while the 24-hour trading volume is around 3.4 billion USD.
According to analyst Andrew Griffiths, Dogecoin is forming a 'cup and handle' pattern – one of the chart structures often signaling a strong breakout potential. This pattern starts with a rounded bottom, followed by a brief pullback, setting the stage for a new upward trend.
Griffiths believes that if DOGE surpasses the 0.30 USD mark, it could move towards the upper boundary of the price channel. The important support zone he identifies is in the range of 0.19 – 0.20 USD. As long as DOGE maintains this level, the next resistance target will be 0.38 USD.
The simultaneous appearance of multiple technical signals – from rounded bottom patterns, converging triangles, to 'cup and handle' – is making Dogecoin the focal point of analysis. They argue that momentum indicators along with trading volume trends will be key in determining whether DOGE can set new milestones in Q4 2025.
