Analyst Says Dogecoin (DOGE) Price Could Be Ready to Spike After This Happens…

Dogecoin is once again showing strength when it matters most. According to trader FOUR | Crypto Spaces, DOGE price has now bounced off the same ascending trendline for the fourth time, and this consistent support could be the launchpad for another major move.

The chart shows a clean uptrend stretching back to early summer, with each touch on the dotted support line leading to a strong push higher.

The latest bounce looks no different, suggesting that the bulls are defending this zone with conviction. FOUR believes this setup could trigger the next push toward the upper range of the trend, hinting that a spike could be brewing if momentum continues to build.

DOGE Chart Analysis: The Trendline That Refuses to Break

Dogecoin price action has respected this upward trendline for months, creating a clear pattern of higher lows. Every time DOGE has touched this line, it’s rebounded strongly, a sign that buyers continue to step in aggressively at these levels.

That’s why this fourth bounce feels so important. It confirms that this isn’t a random line on the chart, it’s an area where buyers consistently win. If this trendline holds again and volume picks up, the next wave of buying pressure could quickly turn into a sharp rally.

What Traders Are Watching Now

Right now, analysts are watching two things: confirmation and volume. A strong daily close above recent highs would confirm that the bounce has real strength behind it.

Meanwhile, traders are keeping an eye on DOGE’s trading volume, which has started to rise slightly as enthusiasm returns across the memecoin sector.

Momentum indicators like RSI remain neutral, meaning there’s still plenty of room for Dogecoin price to move higher before reaching overbought levels. That combination, a reliable support base and untapped momentum, is exactly what bulls want to see before a potential spike.

Why the DOGE Price Setup Looks Promising

DOGE has a history of sudden rallies that catch the market off guard, and this kind of structure has preceded them before. Each time it settles on this rising trendline, it typically follows through with a strong move up once the traders realize the pattern.

If that is going to happen again, the next leg could be big, especially if Bitcoin calms down and altcoins gain momentum. Dogecoin price support remains for now, sentiment is turning bullish, and the chart is showing all the early signs of another possible spike.

The setup looks neat, the trend is consistent, and experts are on their guard. Maybe it’s time for Dogecoin to take its next giant stride.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.