Dogecoin leaves Bitcoin behind with 12% rise – Stage set for $1?

04/24/2025 11:00
Dogecoin leaves Bitcoin behind with 12% rise – Stage set for $1?

Dogecoin surges past 12%, outshining Bitcoin in activity and charts. Could a new all-time high be next? Enthusiasts think so.

Active Currencies 16992

Market Cap $3,004,049,331,356.30

Bitcoin Share 61.37%

24h Market Cap Change $-2.05

Dogecoin leaves Bitcoin behind with 12% rise - Stage set for $1?

DOGE leaves BTC in the dust!

Dogecoin: A pattern worth barking about

Dogecoin’s weekly chart has investors buzzing with a classic cup formation that hints at a potential breakout toward all-time highs.

The rounded bottom suggests a prolonged accumulation phase, with DOGE fans now floating the possibility of DOGE reclaiming — and even surpassing — its 2021 peak.

dogecoin

Source: X

The pattern implies a bullish continuation, especially if DOGE clears the $0.20-$0.25 resistance range.

If momentum holds and broader altseason tailwinds persist, the road to $0.74 — or even $1 — is no longer a meme-fueled fantasy, but a technically grounded forecast.

Short-term momentum flares up

dogecoin

Source: TradingView

The daily chart adds fuel to the rally narrative, flashing a bullish MACD crossover alongside a rising RSI now above 60. The sharp uptick in volume and strong green candle close at $0.181 suggest renewed buying pressure.

If DOGE breaks above the immediate resistance near $0.185, short-term traders may target the psychological $0.20 mark next.

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Samyukhtha L KM is a journalist with a keen eye on the ever-changing digital asset landscape - and a soft spot for memecoins. With a Bachelors in Commerce and a Masters in Journalism and Mass Communication, she’s always curious about whether the next big thing in blockchain is hype or history in the making. When she’s not tracking the latest market moves, she’s reflecting on what blockchain adoption really means in a world still largely rooted in traditional finance.

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