Dogecoin Poised for Another Major Rally – $0.80 ATH Back in Sight

A well-known crypto analyst suggests that Dogecoin (DOGE) may be preparing for a powerful upward move, with technical indicators pointing toward a potential rally to $0.80, setting the stage for a new all-time high.

Analysts Highlight Bullish “Bump and Run” Formation

Market expert Mikybull Crypto has identified that DOGE has completed the key phases of a Bump and Run Reversal pattern — a structure that often precedes explosive breakouts. After reclaiming its trendline, Mikybull expects DOGE to accelerate toward the $0.80 mark.

The analyst shared a chart outlining the full pattern cycle — lead-in, bump, breakout, and retest — noting that DOGE’s weekly chart mirrors this setup closely. The recent pullback toward $0.23 is seen as a potential “throwback” phase, often considered the final accumulation opportunity before a major rally begins.

Mikybull stated that “the main bullish rally is about to kick off,” previously describing it as a “face-melting rally”, emphasizing that while rare, this pattern tends to be highly reliable.

Currently trading just above $0.25, a move to $0.80 would represent a 220% surge, surpassing DOGE’s 2021 all-time high of $0.73.

Additional Bullish Outlook from Unipcs

Another analyst, Unipcs, also shared a bullish DOGE projection, highlighting a long-term ascending wedge pattern with consistent higher lows. He noted that “DOGE to $1 is a meme until it isn’t,” suggesting this market cycle could push the coin toward that milestone — potentially lifting other meme tokens alongside it.

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