After seven months of sliding down, Dogecoin is back. DOGE finally exploded, spiking 12% in a single day to hit $0.24.

It’s like watching the office underachiever suddenly take the lead in the company softball game, unexpected, thrilling, and oh-so-satisfying.

Breakout

For months, Dogecoin kept hitting the same stubborn diagonal ceiling, like a ceiling fan stuck on slow.

Every time it tried to climb, bam, cut down by resistance. But this week, poof, that wall got knocked down.

And with volume ticking up, the breakout’s looking real, not just some flash in the pan. That’s important because in this crypto jungle, a one-day rally?

Cute. But what really counts is closing the weekly candle beyond that resistance line come Sunday. That’s when the real heavy hitters start paying attention.

Rally?

Now, analysts say if Dogecoin holds its ground and closes above that line on Sunday, we’re potentially looking at a rocket ride towards the $0.50–$0.60 zone.

That’s nearly doubling, even tripling from where it’s at now. Remember October 2023? DOGE ripped through a similar setup and skyrocketed 600%.

Okay, that was a pretty crazy sh*t, so don’t get your hopes too high, history’s not a done deal. But that echo of past glory has analysts buzzing like a crowded water cooler on deadline day.

And honestly, it’s not just DOGE pumping the spirits of crypto fans. As the reigning champ among memecoins by market cap, Dogecoin often kicks off rallies across the meme universe.

Meaning, if this breakout confirms, others in the altcoin playground might just pick up the pace.

We’re talking bigger altcoin volumes, renewed investor hunger, the whole nine yards. It’s like the coffee machine finally working again in your office, suddenly everyone’s way more productive.

Weekly close

This story hinges on Sunday’s weekly close. If, and this is a quite big if, DOGE can’t keep its head above water, it’ll slide back into the old downtrend, and the bulls? They’ll be left licking their wounds till the next round.

For now, though, everything points to this memecoin rewriting its script.

The combination of price strength, rising volume, and pattern break means Dogecoin might just be gearing up to surprise us all. Good boy!

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