Is Dogecoin Ready to Surge? MACD Golden Cross Says Yes
Dogecoin (DOGE) is exhibiting renewed indicators of energy throughout a number of technical charts.
At the time of writing, DOGE was priced at $0.23, with a 24-hour buying and selling quantity of $1.88 billion. The token is up barely over the previous day and down nearly 2% over the previous week.
MACD Signal Suggests Momentum Shift
A chart posted by analyst Trader Tardigrade shows a MACD Golden Cross on the 12-hour timeframe. This happens when the MACD line crosses above the sign line, usually considered as a shift in momentum. In this case, the MACD histogram has additionally turned inexperienced, indicating that bullish momentum could also be beginning to construct.
The same sample fashioned in early September, simply earlier than DOGE moved sharply from $0.23 to above $0.32. While the present setup mirrors that surge, analysts say extra quantity and continued motion are wanted to affirm any development change.
In addition, DOGE continues to commerce inside an ascending channel, in accordance to evaluation from CryptoBull_360. The construction, seen since mid-April, exhibits a collection of upper highs and better lows. This channel has up to now held, with the asset lately rebounding off the 100-day EMA and the highest of the Murrey Math vary close to $0.22.
DOGE beforehand posted a 100% transfer in June and a 48% enhance in September underneath comparable circumstances. The subsequent resistance is round $0.32, roughly 40% above present ranges.
However, narrowing worth motion additionally hints at a rising wedge. A breakdown from this formation would cancel the present setup. CryptoBull_360 famous,
#DOGE TA Highlights
Uptrend persevering with: #DOGE is making larger highs and lows inside an ascending channel.
Solid help: Price bounced off the 100-day EMA and high Murrey Math Lines, traditional rebound zones.
— CryptoBull_360 (@CryptoBull_360) September 30, 2025
Triangle Pattern Shows Price Compression
Another chart from Bitcoinsensus points to an ascending triangle forming on the each day chart. The sample exhibits horizontal resistance at round $0.27, with larger lows forming beneath it. This construction means that the worth is compressing underneath resistance, which can lead to a breakout if shopping for strain continues.
If the asset breaks above $0.27 with quantity, the measured goal from the triangle reaches $0.48. This degree matches previous resistance, which might make it a significant space if DOGE strikes larger.
Separately, Thumzup Media has invested $2.5 million into DogeHash Technologies to develop its Dogecoin mining operations. The backing is a part of efforts to scale its mining fleet. Thumzup is an organization supported by Donald Trump’s media community, and the transfer could convey extra consideration to DOGE as mining capability expands.
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