Is Dogecoin poised for another bull run? Examining the latest trends, technical analysis, and ETF speculation driving DOGE's potential price surge.

Dogecoin's Price Surge: Riding the Bull Market Wave?

Dogecoin (DOGE), the meme-turned-crypto phenomenon, is showing signs of renewed bullish momentum. Fueled by a dedicated community and potential ETF approval, can DOGE recapture its 2021 glory?

Dogecoin's Technical Setup: A Bullish Reversal?

Dogecoin appears to be in a quiet accumulation phase, with technical indicators suggesting a potential shift in market sentiment. Crypto Man MAB highlighted a double-bottom pattern on the weekly chart, a structure often associated with strong trend reversals.

The critical support level at $0.142, previously tested in April 2025, is holding firm. A successful breakout above the neckline resistance around $0.26 could validate the double-bottom pattern and pave the way for a rally toward the $0.47 target.

Analyzing the Indicators

The ADX indicator signals a weakening of the recent downtrend from the neckline resistance, hinting at a possible reversal. The Relative Strength Index (RSI) is hovering just below the neutral 50 level, with a move above this mark reinforcing the bullish scenario.

Dogecoin ETF: Fueling the Fire?

Speculation around a potential Dogecoin ETF is growing. According to Coinglass and Polymarket data, 74% of traders believe an ETF approval could arrive before year-end. A recent amended filing by Bitwise has added to this optimism.

Long-Term Targets: $1.20 and Beyond?

Trader Tardigrade's long-term analysis compares the current DOGE pattern to its 2015–2018 cycle. If the pattern holds, DOGE could target $1.20 and potentially reach as high as $4.00. According to analysis prepared by Crypto NL, Dogecoin is holding support on a long-term rising trendline, which has remained intact for over 18 months.

Little Pepe: A Rising Star?

While Dogecoin's future looks promising, other meme coins like Little Pepe are also capturing attention. With a $777,000 giveaway and a roadmap focused on real-world utility, Little Pepe is aiming to surpass older meme coins like Dogecoin and Shiba Inu.

Final Thoughts: Is Dogecoin Ready to Surge?

Dogecoin is at a critical juncture, buoyed by market optimism surrounding the potential approval of a spot DOGE ETF. With retail traders and larger investors accumulating at these levels, the stage is set for a possible breakout. Keep an eye on the $0.26 resistance – a break above that, and we might just see DOGE ride the bull market wave!

So, buckle up, Dogecoin enthusiasts! The ride might just get a whole lot more interesting. Who knows, maybe we'll all be howling at the moon (or should we say, barking at the moon?) with joy soon enough!