Dogecoin has once again become the focus of attention, as its key technical movement against Bitcoin suggests 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 this rebound could lay the foundation for a strong rally.

Analysts believe that Dogecoin (DOGE) has significant upside potential.

Analysts indicate that Dogecoin has broken through the previous seller liquidity area on the weekly chart. This level is between 140 to 160 Satoshis and has been a key support level for months.

By July 2025, the currency pair broke through this area, leading to what is known as 'liquidity hunting', where the price drop triggered stop-loss orders, followed by a reversal upward.

Trader Tardigrade stated that this rebound has intensified optimism about Dogecoin potentially breaking through higher levels soon. Tardigrade's charts indicate that Dogecoin could rise to 0.00000516 BTC, approximately 516 Satoshis.

$Doge / $BTC / Weekly #Dogecoin's hedge with #Bitcoin has experienced liquidity chasing and rebounds. Currently, the currency pair firmly maintains above the previous seller liquidity level. The trendline predicts that the price of $Doge will triple compared to $BTC. This aligns with the expected #Altseason... — Trader Tardigrade August 25, 2025

Based on the current Bitcoin price, this is equivalent to about $0.576, which is over 300% higher than the low of the liquidity sweep. Intermediate check points are at 280 Satoshis ($0.31) and 360 Satoshis ($0.40) before reaching the highest target.

The altcoin season is back in hot discussion.

This outlook comes as discussions about the altcoin season are intensifying. 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.

The recent rebound of DOGE is significant, as the cryptocurrency has been under pressure for weeks. The current price is close to $0.21, down 4.41% over the past day and down 7% this month. Despite the short-term decline, technical analysts believe that structural factors are more important than daily fluctuations.

Opinions of other experts

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, forecasting that the currency pair will pull back to $0.22 again before breaking out. If this pattern holds, his short-term price targets include $0.26, $0.28, and $0.31.

Other experts are optimistic about the longer-term future, comparing the current trend to the Dogecoin cycles of 2014, 2017, and 2021. Each significant rise has gone through a similar accumulation phase. They believe that Dogecoin's price could increase more than threefold from current levels and even exceed the historical high of $0.7396.

The market is currently waiting for confirmation. If breakout signals strengthen and the altcoin season returns, Dogecoin could once again become one of the biggest market drivers. Whether it is a one-time rise or a staged increase, analysts unanimously agree that the story of this meme coin is not over yet.