Popular digital asset and the largest dog-themed meme coin, Dogecoin (CRYPTO: DOGE), has notably shifted toward positive territory following the resurgence of the general crypto market over the past few days. With current bullish price action upholding, DOGE continues to make key moves that hint at a possible extension of the ongoing upward trend.

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What happened: According to a recent X (formerly Twitter) post by market expert and investor Trader Tardigrade, Dogecoin has flashed a bullish crossover that is likely to bolster its renewed upward momentum in the upcoming days.

Delving into the present price performance of the meme coin in the 2-week time frame, Trader Tardigrade highlighted that the asset has made a bullish cross on the Stochastic Relative Strength Index (RSI). Typically, this bullish cross is seen as an early sign of growing upside strength in the instance of a positive market condition.

Given the resurgence of the market and the Stochastic RSI's cross above the 80 level, this key move suggests that DOGE’s price may be preparing for a stronger upward rise. Following a prolonged period of consolidation, the meme coin's most recent signal could herald the start of a new leg higher in its ongoing recovery phase as sentiment continues to grow more optimistic.

However, this isn't the only pattern to notice in the 2-week chart. As the asset has begun to break out from a Falling Wedge formation, it will further fuel the renewed momentum, allowing it to revisit higher price levels.

A falling wedge formation is a technical pattern characterized by two converging trendlines sloping downwards. Typically, this pattern hints at a potential trend reversal to the upside after an extended period of downside trend by the asset within the wedge.

Since the developments are pointing to an upward trend, it will further fuel the renewed momentum, allowing it to revisit higher price levels.

Top traders are also predicting a huge surge for Dogecoin. Technical expert and trader Master Kenobi has also delved into DOGE’s performance, predicting that a huge surge is on the horizon.

His prediction is based on Dogecoin's price action, which aligns with past trends observed in 2017. According to the expert, a comparison of the current configuration with the circumstances in 2017 and the macro chart shows that DOGE has all the components needed for a big pump.

"We're seeing a classic divergence play out in the 3-day chart's 21-day EMA, similar to 2017. Plus, RSI trendline breaching at 70, like in 2017, is setting the stage for a rally to the 14,1414 Fib, which becomes new support on the way to 1.