A technical analysis shared on September 29, 2025, suggests that Dogecoin (DOGE) is on the verge of a significant rally. The Dogecoin price prediction relies on a familiar chart pattern that preceded its massive explosions in 2017 and 2021, sparking optimism in the market. The analysis was published by trader EtherNasyional, who has over 26,000 followers on the social network X.
After months of downward pressure, the price of Dogecoin has broken above a key trendline, which is interpreted as a confirmed reversal signal. This type of breakout has historically preceded major rallies that took the cryptocurrency to new all-time highs. Furthermore, the Relative Strength Index (RSI) appears to have bottomed out, a behavior that was also observed just before its previous bull runs.
What Signals Are Driving the Optimism?
Confidence in this prediction is supported by very specific market data. In the last 24 hours, DOGE has posted a 6% gain, and trading volumes have increased notably. The exchange volume reached $2.6 billion, representing 7% of the token’s circulating supply. This rally occurred just after the price bounced from crucial technical support, in confluence with the 200-day exponential moving average (EMA).
This increase in trading activity confirms that buying pressure has significantly risen. The convergence of a historical pattern with clearly bullish technical indicators creates a very favorable scenario for the asset’s economy. The validation of this support level, combined with the growing volume, suggests that investors are actively positioning themselves in anticipation of a much larger price movement.
A Promising Future for Investors
The implications of this Dogecoin price prediction are far-reaching for investors. In the short term, DOGE could soon retest the upper boundary of its rising wedge pattern, located near $0.32. However, if EtherNasyional’s historical analysis holds true, a more pronounced rally towards the $0.40 target could be triggered. This establishes a potential gain of 322% in the near term.
In the long run, the $1 target remains firmly on the horizon. The current situation positions Dogecoin at a critical inflection point, where investors are watching to see if it can replicate its legendary past performances. Although past results do not guarantee future returns in the volatile crypto market, the current technical signals present one of the strongest bullish arguments for DOGE in recent months.
