Dogecoin Bullish Pattern Suggests 260% Rise to $0.6533

Dogecoin (DOGE) is showing signs of a potential significant surge as its chart maintains a bullish pattern. Market observers have noted that the cryptocurrency is forming higher lows, which is a key indicator of sustained bullish momentum. This pattern suggests that DOGE is in the midst of a breakout formation, which could lead to substantial price increases if the trend continues.

According to technical analyst Javon Marks, Dogecoin’s chart reflects a structure of higher lows, confirming steady bullish pressure. Marks noted that the recent breakout from consolidation could act as a launchpad for a further rally. As long as this structure remains intact, DOGE appears positioned to push toward the $0.6533 mark, which suggests a potential 260% rise from its current level of $0.1712.

Beyond the $0.6533 price level, Marks identified a longer-term objective at $1.25, which stands over 600% above today’s valuation. While ambitious, the projection relies on momentum maintaining its strength through the current structure. Historical breakouts in Dogecoin have seen similar exponential climbs, particularly when market sentiment aligns.

Despite the bullish setup, DOGE has faced some short-term selling pressure. The memecoin is currently trading at $0.1712, marking a 1.60% dip over 24 hours and a 13.36% decline over the past week. However, these fluctuations may fit within the expected pattern before a potential rise. Traders continue to monitor for confirmation that the bullish setup will translate into a sustained upward move.

Dogecoin’s ability to hold higher lows remains central to its next direction. The crypto community is now watching closely for signs of renewed momentum. If the pattern holds and volume returns, DOGE may climb toward the forecasted targets of $0.6533 and $1.25. As long as Dogecoin sustains its current structure, the roadmap to higher levels appears intact, with these key zones as potential milestones.