Dogecoin’s Bullish Shift and Potential Path to New Highs
- DOGE has gained 19% in the past month and is forming a bullish cup-and-handle pattern.
- Analysts see $1 in the near term and $2 by 2026 under strong market conditions.
- ETF approval and potential X integration could act as powerful catalysts.
Dogecoin (DOGE) has been quietly building momentum after months of sluggish action. Now priced around $0.24, the token has climbed 19% over the last month, breaking free from its bearish rut. With talk of altcoin season heating up, analysts are starting to wonder if a new all-time high could be closer than many expect—some even eyeing explosive gains by 2026.
$DOGE forming this cup & handle formation
— Jireon (@jireon0x) August 10, 2025
Structure remains bullish on this monthly chart, with the formation of higher lows
$1 for #Dogecoin used to be a dream… now it's just a matter of time
LOAD UP OR STAY BROKE#DOGE #Altcoins pic.twitter.com/WzDROTGyNW
Technical Patterns Point to Upside
Crypto analyst Jireon notes DOGE’s chart is forming a cup-and-handle pattern—a classic bullish setup. On the monthly timeframe, the structure is holding higher lows, suggesting that price pressure is leaning upward. Hitting $1, once considered a dream for DOGE holders, is now framed as a “when, not if” scenario, provided the pattern completes and market sentiment stays favorable.
Long-Term Predictions and 2026 Outlook
Another respected trader, Trader Tardigrade, is projecting a more extended rally, suggesting DOGE could hit $2 by 2026. This target rests on both technical strength and a series of potential catalysts, including broader market risk-on sentiment and meme coin momentum cycles.
ETF speculation is also in the mix. If a Dogecoin ETF gains approval, the influx of regulated capital could be a game-changer, accelerating DOGE’s climb beyond the $1 mark.
External Factors That Could Influence DOGE’s Path
There’s ongoing speculation about DOGE being integrated into X (formerly Twitter) payments, which could significantly expand its utility. This narrative, coupled with its position in the ETF approval queue, gives the token more long-term drivers than most meme coins.
$Doge/monthly#Dogecoin could peak in early 2026 at a price above $2.5
— Trader Tardigrade (@TATrader_Alan) August 10, 2025pic.twitter.com/C0JF7LYT0z
While CoinCodex’s baseline model projects $1 DOGE only by 2040, it leaves room for a much earlier breakout if momentum compounds and adoption accelerates. Current market sentiment, reflected in a Fear & Greed Index reading of 69 (Greed), points to a favorable environment for risk assets.
The post Dogecoin’s Bullish Shift and Potential Path to New Highs first appeared on BlockNews.
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Dogecoin’s Bullish Shift and Potential Path to New Highs
- DOGE has gained 19% in the past month and is forming a bullish cup-and-handle pattern.
- Analysts see $1 in the near term and $2 by 2026 under strong market conditions.
- ETF approval and potential X integration could act as powerful catalysts.
Dogecoin (DOGE) has been quietly building momentum after months of sluggish action. Now priced around $0.24, the token has climbed 19% over the last month, breaking free from its bearish rut. With talk of altcoin season heating up, analysts are starting to wonder if a new all-time high could be closer than many expect—some even eyeing explosive gains by 2026.
$DOGE forming this cup & handle formation
— Jireon (@jireon0x) August 10, 2025
Structure remains bullish on this monthly chart, with the formation of higher lows
$1 for #Dogecoin used to be a dream… now it's just a matter of time
LOAD UP OR STAY BROKE
Technical Patterns Point to Upside
Crypto analyst Jireon notes DOGE’s chart is forming a cup-and-handle pattern—a classic bullish setup. On the monthly timeframe, the structure is holding higher lows, suggesting that price pressure is leaning upward. Hitting $1, once considered a dream for DOGE holders, is now framed as a “when, not if” scenario, provided the pattern completes and market sentiment stays favorable.
Long-Term Predictions and 2026 Outlook
Another respected trader, Trader Tardigrade, is projecting a more extended rally, suggesting DOGE could hit $2 by 2026. This target rests on both technical strength and a series of potential catalysts, including broader market risk-on sentiment and meme coin momentum cycles.
ETF speculation is also in the mix. If a Dogecoin ETF gains approval, the influx of regulated capital could be a game-changer, accelerating DOGE’s climb beyond the $1 mark.
External Factors That Could Influence DOGE’s Path
There’s ongoing speculation about DOGE being integrated into X (formerly Twitter) payments, which could significantly expand its utility. This narrative, coupled with its position in the ETF approval queue, gives the token more long-term drivers than most meme coins.
$Doge/monthly#Dogecoin could peak in early 2026 at a price above $2.5
— Trader Tardigrade (@TATrader_Alan) August 10, 2025
While CoinCodex’s baseline model projects $1 DOGE only by 2040, it leaves room for a much earlier breakout if momentum compounds and adoption accelerates. Current market sentiment, reflected in a Fear & Greed Index reading of 69 (Greed), points to a favorable environment for risk assets.
The post Dogecoin’s Bullish Shift and Potential Path to New Highs first appeared on BlockNews.
Read More