Key Notes
- Analysts word that DOGE stays undervalued, with its month-to-month RSI close to historic lows.
- The present DOGE breakout might set the stage for $0.30 within the close to time period.
- Market sentiment is strengthening, with hypothesis that institutional DOGE adoption hints at a long-term goal of $6.94.
Amid the broader crypto market rally, Dogecoin
DOGE
$0.25
24h volatility:
11.8%
Market cap:
$37.40 B
Vol. 24h:
$3.72 B
value has surged by 7% to $0.24, extending its weekly good points to 19%. The DOGE value chart exhibits the formation of a ‘Golden Cross’ sample, suggesting a serious rally forward within the making. This might result in a serious breakout for the biggest meme coin, setting the stage for a sector-wide rally.
Dogecoin Price Forms Golden Cross Sample
A serious bullish indicator for DOGE is the formation of the ‘Golden Cross’ sample on the technical chart. This chart sample happens when the 50-day easy shifting common (SMA) for an asset crosses above the 200-day SMA. This highlights that the short-term momentum is overtaking the longer DOGE trajectory.
Dogecoin value Golden Cross | Supply: TradingView
Though the formation of a ‘Golden Cross’ is not any assure of a rally, it has been largely profitable within the case of Dogecoin value. Most of Dogecoin’s earlier main rallies have coincided with the formation of a golden cross. For instance, following the golden cross on Nov. 6, 2024, costs jumped over 130% to $0.46 inside 4 weeks. The same sample occurred after a bullish crossover on November 22, 2023, which led to a 25% achieve in the identical timeframe.
One other fashionable crypto analyst, Chris Stonk, reported that DOGE’s month-to-month Relative Power Index (RSI) stays close to the underside of its historic vary, suggesting restricted upward momentum thus far. He added that this means that DOGE is considerably undervalued amongst large-cap altcoins at current.
The $DOGE month-to-month RSI hasn’t even left the underside of the vary but.
Interpret that as you’ll.
By far essentially the most undervalued giant cap altcoin in all the market at this present juncture.
The blue chip $ETH meme coin. pic.twitter.com/cV6soggUQv
— Chris (@StonkChris) August 12, 2025
Will DOGE Cross $0.30 within the Quick Time period?
For a really very long time interval, Dogecoin value has been flirting round $0.22. Regardless of the sturdy DOGE whale activity, the meme coin has failed to provide a decisive breakout.
Throughout July’s altcoin market rally, whereas most altcoins staged good points of 30-40%, Dogecoin nonetheless underperformed the broader market. Dogecoin value is forming a flag-and-pole sample on the hourly chart. Fashionable crypto analyst Ali Martinez said that the current breakout might push the value to $0.27 within the close to time period.
Dogecoin $DOGE targets $0.27 because it varieties a bullish flag on the hourly chart! pic.twitter.com/ca5ANErIBJ
— Ali (@ali_charts) August 12, 2025
Crypto analyst Kaleo steered that the DOGE/BTC chart is exhibiting a setup much like the value motion seen in January 2021, signaling a possible main transfer.
$DOGE / $BTC chart appears to be like prefer it’s able to make the identical sort of transfer we noticed in January of 2021.
Zero doubt in my thoughts it is solely a matter of time earlier than Dogecoin treasury firms are shopping for billions of {dollars} value of the king of the memes.
$6.9420 for one DOGE is a magnet pic.twitter.com/SOq4SUlZ81
— Okay A L E O (@CryptoKaleo) August 13, 2025
He expressed confidence that Dogecoin might entice vital institutional curiosity, predicting that treasury firms might ultimately buy billions of {dollars}’ value of the token. Kaleo additionally speculated that $6.9420 per DOGE stays a key goal degree.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm data by yourself and seek the advice of with knowledgeable earlier than making any choices primarily based on this content material.
Bhushan is a FinTech fanatic and holds a superb aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in direction of the brand new rising Blockchain Know-how and Cryptocurrency markets. He’s repeatedly in a studying course of and retains himself motivated by sharing his acquired data. In free time he reads thriller fictions novels and generally discover his culinary expertise.
