Dogecoin $DOGE may have started as a meme, but according to top analysts, itâs gearing up for a serious comeback â and possibly its biggest rally yet.
Crypto analyst Javon Marks recently shared a bullish outlook on X (formerly Twitter), stating that DOGEâs chart is far from dead and currently forming a powerful breakout structure. According to Marks, the token is holding higher lows, a classic signal of growing momentum and buyer strength. If this trend continues, DOGE could be on track to hit $0.65 in the near term.
Marks also noted a developing bullish pattern, suggesting Dogecoin is entering the early stages of a new uptrend. If the breakout holds, he believes DOGE could lead one of the biggest surges of the season â echoing the parabolic move seen in previous cycles.
Meanwhile, X user Trader Tardigrade points to Dogecoinâs Average Directional Index (ADX) as another bullish indicator. According to him, the ADX is mimicking the same setup seen back in late 2020, just before DOGE exploded from $0.004 to an all-time high of $0.7316 â an 18,175% gain in just months.
If history repeats and DOGE experiences a similar rally, analysts suggest price targets as high as $4 to even $31.25 could be in play a level that would shatter expectations and firmly establish DOGE as more than just a meme coin.
With rising bullish sentiment, historical fractals aligning, and growing technical strength, DOGE may be preparing for its next viral run and this time, it could be even bigger.
