The technicals of Dogecoin are in line with a significant 2025 bull run, which portends a third wave of the bull run with a huge potential of up to 0.20 gains.
The market structure of Dogecoin is foreshadowing a major change with a possible third major bull rally ahead of it.
With a market price of about $0.195, Dogecoin has established itself in the bottom range of its long-term rising channel, and this trend has been followed by massive price increases in the past.
Technical indicators are converging and this indicates that momentum is building up before the next big move.
A Historic Rebound Ignites Curiosity
The prior bull waves of 2017 and 2021 were pioneers of cyclical growth by Dogecoin. The rallies were preceded by a stage at which the price recovered the 25-month moving average and made the latter a solid support level.
This is the most important moving average that served as strong support again, and the downtrend has been broken.
These previous phases of rallies are reflected in the current price structure and this raises the question of a possible imminent breakout that would hinge even higher than the previous highs.
More facts are based on recent words spoken on the social platforms, which all technical signs point to the fact that the third bull wave has come not only when but when.
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History shows that consolidation periods around this moving average usually result in colossal upward movement, which is an indication of a new market cycle loading of Dogecoin.
Technical Signals and Market Momentum Heat Up
Existing stability ranging between 0.19 and 0.20 and the increasing accumulation are indicative of a stable platform in view of the potential of the surge.
Technical oscillators in higher time charts display growing strength of the same magnitude as that of the time preceding the past parabolic runs.
This is in line with the altcoin market rotation patterns that have been biased towards older altcoins such as Dogecoin.
Further projections suggest a possible upturn at levels above $0.30 after on-chain buildup and dominance indicators overcome a multi-year decline barrier.
These may be fuelled by gains that may be multiplied by factors that are many times greater than previous cycles, and speculation estimates suggest that there may be multi-thousand percent gains should the trend of the previous bull waves recur.
The influential endorsements and a strong community helped Dogecoin become a culturally relevant cryptocurrency instead of a light-hearted meme coin.
This trend can transform into strong price action, which will be anchored by new technical developments and increased investor attention.
Source: https://www.livebitcoinnews.com/dogecoin-news-dogecoin-poised-for-explosive-third-bull-wave-in-2025/