Dogecoin has once again become the focus of attention, as its key technical movements against Bitcoin suggest it will strengthen again. Earlier this year, the DOGE/BTC trading pair experienced a liquidity shock, breaking free from weakness and subsequently recovering lost ground. Analysts now believe that this rebound may lay the groundwork for a strong rally.
Analysts believe Dogecoin (DOGE) has significant upside potential.
Analysts say that Dogecoin has broken through the previous seller liquidity zone on the weekly chart. This level, located between 140 and 160 Satoshis, has been a key support level for months.
By July 2025, the currency pair broke below this area, resulting in what is known as a 'liquidity hunt,' where price drops trigger stop-loss orders and then reverses upwards.
Trader Tardigrade states that this rebound has enhanced optimism about Dogecoin potentially breaking higher levels soon. Tardigrade's chart indicates that Dogecoin could rise to 0.00000516 BTC, approximately 516 Satoshis.
Based on the current Bitcoin price, this is equivalent to approximately $0.576, over 300% higher than the liquidity sweep low. The mid-checkpoints are at 280 Satoshis ($0.31) and 360 Satoshis ($0.40).
Altcoin season is back in hot discussion.
This outlook comes amid increasing discussions about the altcoin season. Historically, altcoins tend to outperform Bitcoin after leading cryptocurrencies consolidate.
Tardigrade believes that Dogecoin's movements may align with this pattern, potentially triggering broader market activity.
DOGE's recent rebound is significant, as the coin has been under pressure for weeks. The current price is close to $0.21, down 4.41% in the past day and down 7% this month. Despite the short-term drop, technical analysts believe that structural factors are more important than daily fluctuations.
Ali Martinez has a different view on the short-term trend. He points out that a symmetrical triangle is forming on the 4-hour chart, and the currency pair is expected to pull back to $0.22 again before breaking out. If this pattern persists, his short-term target prices include $0.26, $0.28, and $0.31.
Other experts are optimistic about the longer-term future, comparing the current trend to Dogecoin cycles in 2014, 2017, and 2021. Each significant rise underwent a similar accumulation phase. They believe that Dogecoin's price could rise more than three times from current levels, even exceeding the historical high of $0.7396.
The market is currently waiting for confirmation. If the breakout signal strengthens and altcoin season returns, Dogecoin could once again become one of the biggest drivers in the market. Whether it is a one-time surge or a phased increase, analysts unanimously agree that the story of this meme coin is not over yet.
