Dogecoin Holds Firm Above $0.20, Eyes Potential Rally

Dogecoin remains steady above $0.20, signaling potential market momentum as key analysts suggest developments could lead to a price increase in late 2025.

Institutional interest and technical indicators point to a possible Dogecoin surge, impacting the memecoin sector and driving speculation on future ETF approvals.

Dogecoin remains stable above $0.20 amid speculations of a new rally. Analysts observe patterns suggesting a potential upward momentum based on historical on-chain metrics and technical indicators like RSI crossovers. Key figures such as Trader Tardigrade and Mikybull Crypto emphasize the RSI signal flashing bullish indicators, asserting that technical patterns might herald an imminent surge in Dogecoin pricing. Mikybull Crypto, Crypto Analyst, remarked,

Whenever this signal flashes on $DOGE pay attention—RSI on the monthly chart crossed above the SMA. This only indicates that a big move is imminent.

The broader market anticipates potential impacts as institutional accumulation of Dogecoin increases. Experts cite ETF approval discussions as pivotal drivers for this momentum, potentially enhancing mainstream capital inflows. Mags, a prominent analyst, links ETF speculation and treasury accumulation as accelerating factors for Dogecoin, suggesting institutional moves akin to previous Bitcoin market cycles.

While Dogecoin stabilizes, memecoins such as SHIB and PEPE face fluctuations. Traders demonstrate confidence as whale accumulation continues, even amidst sector-wide volatility. Historical data supports the anticipation of potential surges in Dogecoin, with analysts referencing MVRV Z-score lows and RSI crossovers. These may precede substantial market gains, drawing parallels with 2017 and 2021 bull cycles.