Dogecoin (DOGE) has re-entered a historically significant price zone that previously sparked massive rallies, raising optimism among analysts and traders.

As of July 28, Dogecoin price stands at $0.25, up 1.58% in the past 24 hours, with a market capitalization of $35.58 billion. Despite short-term fluctuations, long-term indicators suggest that Dogecoin may be on the brink of another major breakout.

Technical analysts point to the zone between $0.15 and $0.22—an area that has served as a strong accumulation band since 2015—as a foundation for previous explosive moves. According to crypto analyst Ali Martinez, this price region has historically triggered bullish reversals, sometimes yielding gains between 900% and 13,000%.

“Dogecoin has touched this lower trendline multiple times since 2015, and each instance led to a parabolic rally,” Martinez noted in a post on X, adding that the current structure mirrors these historical bullish cycles.

Mid-Channel Resistance: First Major Test for Dogecoin Price

Looking ahead, analysts have set their sights on $0.73, the midline of Dogecoin’s long-term logarithmic channel. This level served as a breakout point in 2021, when Dogecoin surged to its all-time high of $0.7335. If DOGE maintains momentum above the current accumulation zone, a move toward this level could be the next logical step in its upward trajectory.

Dogecoin ($DOGE) is back in a key accumulation zone that has historically sparked major rallies. Source: Ali Martinez via X

According to historical Dogecoin price prediction trends, the meme coin often experiences rapid gains once it crosses above this mid-channel resistance. Should it repeat this pattern, DOGE may be on track for a potential 600% rally, with upper targets ranging between $2.30 and $3.00.

“The upper boundary aligns with previous cycle peaks,” Martinez explained. “If momentum holds, a move to the top of the channel isn’t off the table.”

Institutional Interest Fuels Dogecoin Rally Prospects

Beyond chart patterns, increased whale activity has further bolstered Dogecoin predictions. In just 48 hours earlier this week, large wallets accumulated over 1.08 billion DOGE, representing roughly $250 million in value. This accumulation phase signals growing institutional confidence in Dogecoin’s upside potential.

Additionally, 24-hour trading volume recently surged to over $6.2 billion, its highest in months. Analysts view these developments as signs that smart money is positioning itself ahead of a broader rally

“DOGE has cleared its double-bottom neckline at $0.2595—a classically bullish signal,” said analysts from Alpha Crypto Signal. “This often indicates strong continuation potential.”

Bullish Patterns and Short-Term Momentum Build

On shorter timeframes, Dogecoin has also shown encouraging signs. Analyst TATrader_Alan highlighted a breakout above a descending trendline, marking a higher high (HH) and hinting at a short-term structural shift. If DOGE forms a higher low, analysts expect the next price objectives to be around $0.24 to $0.255, potentially confirming a broader reversal.

$DOGE has formed a rounding bottom and flipped resistance into support, with a retest likely confirming bullish continuation. Source. Alpha Crypto Signal via X

The meme coin’s price has also been supported by bullish technical formations, such as the megaphone pattern and rounding bottom, both of which suggest that Dogecoin is building up energy for a further upward move.

Price Prediction: Will Dogecoin Reach $0.50 by September?

The big question remains: Will Dogecoin reach $0.50 by September? According to projections from multiple crypto analysts, including TradingShot and CoinCodex, this could be possible if the current bullish sentiment and technical support hold steady.

Dogecoin ($DOGE) is breaking out of a bullish megaphone pattern, with $1.50 emerging as a key target by late 2025. Source: TradingShot on TradingView

CoinCodex’s forecast predicts Dogecoin could reach $0.308 by August 21, reflecting a 16.71% gain from current levels. Their sentiment indicators are firmly bullish, with the Fear & Greed Index showing a reading of 72 (Greed)—indicating strong investor appetite.

Some even believe Dogecoin’s bullish trend could extend well beyond $0.50. TradingShot suggested a move to $1.5 may materialize in this cycle if DOGE continues to respect its current bullish structure, supported by accumulation and broader market strength.

Dogecoin Price Prediction 2025 and Beyond

As 2025 progresses, the broader Dogecoin price prediction remains optimistic. If Dogecoin can maintain its pattern of higher lows and capitalize on whale accumulation, technical momentum, and growing retail interest, the meme coin could reclaim higher price zones, potentially surpassing previous all-time highs.

Dogecoin was trading at around $0.25, up 1.58% in the last 24 hours at press time. Source: Brave New Coin

While Dogecoin’s potential is still widely debated—“will Dogecoin hit $1”, “can Doge reach $1”, or even “will Dogecoin ever reach $10”—one thing is certain: Dogecoin continues to surprise investors with its resilience and growing relevance in the crypto ecosystem.

Final thought

With technical indicators aligning, institutional wallets accumulating, and Dogecoin price reclaiming critical levels, the stage appears set for a significant price movement. While short-term volatility may persist, the overall picture for Dogecoin in the second half of 2025 looks increasingly bullish. For those watching the crypto market closely, Dogecoin may once again be preparing for liftoff.