Dogecoin Breaks Key Trendline, Analysts Predict Rally

Dogecoin recently surged above its 50-day bearish trendline, reigniting optimism among cryptocurrency analysts. The breakout, which occurred in early July 2025, has led to predictions of a potential price rally.

Analysts note the breakout’s potential to influence broader crypto sentiment while monitoring Dogecoin’s price trajectory.

Dogecoin’s breakthrough above a crucial 50-day trendline has prompted analysts to project further gains. This technical achievement marks a potential shift in market sentiment, reviving interest in the popular meme cryptocurrency. This enthusiasm is reflected in statements from specialists. For instance, as quoted by a Crypto Analyst from Mitrade, “The price action shows DOGE rebounded from $0.1565 to highs above $0.1726 after breaking the 50-day trendline.”

Notably, key figures like Billy Markus and crypto analysts have not publicly commented on the current rally. However, they remain influential in gauging community sentiment, keeping a close eye on developments.

Following this technical shift, Dogecoin’s value rose from $0.1565 to above $0.1726, with market participants now eyeing a potential ascent to $0.21. It highlights the evolving dynamics within memecoin sectors.

With no major institutional or on-chain developments linked to this rally, the primary driver appears to be technical celebrations among traders. Continued volatility and speculation potentially lie ahead if DOGE surpasses $0.17. Analysts like Trader Edge have noted, “Dogecoin broke above a 50-day bearish trendline, signaling a potential trend reversal… Analysts target $0.21 if DOGE can reclaim $0.17 level.”

Experts predict that this breakout might lead to increased investor interest, possibly affecting related memecoins like SHIB and PEPE. Historical patterns indicate such breakouts have led to notable price rallies, though future gains remain speculative.