Dogecoin is showing strength against wider market headwinds, reclaiming a key trendline that could jump-start bullish Dogecoin price predictions.
The meme coin has rebounded sharply from a heavy-volume flush over the weekend while Shiba Inu broke key support before staging an aggressive intraday reversal.
Despite broad risk-off sentiment with FUD surrounding the U.S. macro narrative, Dogecoin reinforced a key support trendline with a bounce from $0.155.
The difference is smart money. DOGE has seen an uptick in institutional interest with ETF speculation, reflected by two weeks of heavy whale positioning.
Whales’ move to retake positions after weeks of downside could be a testament to a potential bottom and the turning point for the next bull run, starting with Dogecoin.
Dogecoin Price Prediction: Next Bull Market Starts Now?
The bounce represents the start of a potential launchpad move, forming a potential double bottom reversal alongside the previous bounce around $0.155 at the start of the month.
DOGE / USD 1-day chart, double bottom fuels ascending channel pattern. Source: TradingView.
This support trendline contributes to a wider ascending channel and a potential breakout setup as momentum indicators find their footing.
The RSI has formed a higher low after a bounce from oversold conditions at 30, while the MACD currently oscillates closely around the signal line. While FUD prevails, bullish momentum is building.
A fully realized double bottom could flip a past resistance into support at $0.20, creating a higher and stronger footing for a breakout push.
Once completed, a channel breakout opens the door for a 215% push to past highs around $0.50. But with Bitwise and Greyscale spot DOGE ETFs expected before year-end, fresh TradFi exposure could fuel a 525% push to $1 running into 2026.
Still, with momentum indicators still weighed down by broader market FUD, a breakdown remains credible. The next price floor sits around $0.09—a 40% decline.
Maxi Doge: A Better Bet Than DOGE And SHIB?
Meme coin rotations are as consistent as they are powerful. When one market leader hits a ceiling, capital naturally flows to the next high-upside contender.
Every bull run eventually delivers a new parabolic Doge-themed runner. Shiba Inu carried the torch from Dogecoin in 2021, then Floki, Bonk, Dogwifhat, and most recently, Neiro.
That dynamic could now be playing out with Maxi Doge ($MAXI), an early Doge-themed token gaining traction just as SHIB and DOGE grapple with liquidity issues.
The hype is already translating into numbers.
The $MAXI presale has almost $4.1 million, while early backers are earning up to 76% APY through staking rewards.
For those who missed out on Doge waves before, MaxiDoge could represent the next chance to catch a meme coin breakout before it takes off.
Visit the Official Maxi Doge Website Here
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