DOGE Technical Setup Echoes 2024 Rally, Analyst Anticipates Pump

Dogecoin (CRYPTO: DOGE) slipped on Thursday, extending recent losses that had seen the token rebound from a key support level.

What Happened: Dogecoin traded at $0.1801 at press time, slipping 0.67% in the past 24 hours. Still, the token held onto a 3.24% climb over the past month.

The price rebounded from the $0.1316 level, last seen on April 7, setting the tone for what traders now eye as a possible repeat of earlier rallies.

Crypto analyst Trader Tardigrade has brought renewed attention to Dogecoin’s price chart, pointing to a recurring technical pattern.

He highlights two clear rebounds from a long-term rising trendline—first in September 2024 and more recently in April 2025.

In both cases, the price formed a rounded base just above the trendline before moving higher. The analyst marks these turning points with blue arrows, viewing them as key markers in the current setup.

Tardigrade’s chart places strong emphasis on the RSI (Relative Strength Index), which tracked a similar path ahead of Dogecoin’s steep climb in October 2024. Then, DOGE jumped from $0.08 to $0.48 after the RSI crossed the 50-level and gained upward strength.

DOGE Price Chart (Source: X Post)

The latest reading shows that RSI has again broken above the midpoint with a similar curved formation. A pink arrow marks this crossover, while green signs on the chart reflect growing upward strength.

The analyst sees this alignment as a sign that the market structure may be repeating. On his chart, a projected price track shaded in green shows DOGE moving toward the $0.90 to $1.00 range.

While analysts remain speculative about the $1 target, Tardigrade’s technical roadmap draws from earlier moves that played out under nearly identical conditions, leaving many watchers waiting for what comes next.

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