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                This article is also available in Spanish.

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                                <p><span style="font-weight: 400">Good news for meme coin enthusiasts! A popular one is showing strong signs of recovery, entering bullish territory.  Crypto analysts are feeling optimistic about its future in the coming months.</span><span style="font-weight: 400">  In fact, predictions suggest Dogecoin's current upward trend could lead to a significant 318% rally. Let's take a look at what’s fueling this exciting climb.</span></p>
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    <h2 class="jeg_block_title"><span>Related Reading</span></h2>
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<h2><strong>Price Rally Around The Corner?</strong></h2>
<p><span style="font-weight: 400">One analyst has pointed out that <a href="https://www.coingecko.com/en/coins/dogecoin" rel="nofollow">Dogecoin</a> might just be gearing up for a substantial 318% jump. This exciting possibility comes as the meme coin breaks out, mirroring patterns we've seen in its price history.</span></p>
<p><span style="font-weight: 400">JavonTM1 shared in a post, “With a breakout target of $0.6533, we could be looking at another <a href="https://x.com/JavonTM1/status/1899471157520113901" target="_blank" rel="nofollow">+318% increase</a> to get there. It feels like prices are just preparing for a major move up!”</span></p>
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<p dir="ltr" lang="en">Prices of <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow">$DOGE</a> (Dogecoin) are still up nearly +129% since breaking out of the pictured resisting trend and with prices still broken out and in a position to confirm another set of Higher Lows, even more upside can be coming!</p>
<p>With the breakout target at $0.6533, another +318%… <a href="" rel="nofollow"></a> <a href="https://t.co/Qum16794Li" rel="nofollow">pic.twitter.com/Qum16794Li</a></p>
<p>— JAVON⚡️MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1899471157520113901?ref_src=twsrc%5Etfw" rel="nofollow">March 11, 2025</a></p></blockquote>
<p><span style="font-weight: 400">JavonTM1's prediction followed Dogecoin’s impressive 129% surge after breaking through a key resistance trendline.  He noted, “$DOGE (Dogecoin) prices are still up almost +129% since blasting past that resistance trend, and with prices holding strong and looking like they’ll set new higher lows, we could see even more gains ahead!”</span></p>
<p><img data-recalc-dims="1" decoding="async" class="aligncenter size-full wp-image-711522" src="https://www.newsbtc.com/wp-content/uploads/2025/03/a_b10ba7.png?resize=1024%2C698" alt="" width="1024" height="698"   loading="lazy"/></p>
<h2><strong>The Bullish Impulse Wave</strong></h2>
<p><span style="font-weight: 400">To explain what might be next for DOGE, analysts are turning to the Elliott Wave Theory. Charts suggest Dogecoin's price could currently be riding “a bullish impulse wave.”  They point to significant spikes in trading volume as evidence of growing market enthusiasm, which supports the idea that this upward trend could continue.</span></p>
<p><span style="font-weight: 400">Adding to this, a curved trendline on the chart indicates a possible shift for the meme coin. It looks like Dogecoin has moved out of a long period of price correction and into an exciting breakout phase.</span></p>
<p><span style="font-weight: 400">Just last month, JavonTM1 highlighted that Dogecoin reaching $0.6533 might be closer than we think.  He commented, “With such a strong breakout and climb already, it feels like it’s only a matter of time before we break through – things are definitely looking up!”</span></p>
<figure style="width: 1835px" class="wp-caption aligncenter"><img decoding="async" class="size-full" src="https://www.tradingview.com/x/d8iguXZ8/" width="1835" height="883" loading="lazy"/><figcaption class="wp-caption-text">DOGE is currently trading at $0.16. Chart: <a href="https://www.tradingview.com/" target="_blank">TradingView</a></figcaption></figure>
<h3><strong>Potential Rebound</strong></h3>
<p><span style="font-weight: 400">Further reinforcing this positive outlook, another analyst believes DOGE is on track for a potential price rebound, strengthening the bullish case for the coin.</span></p>
<p><span style="font-weight: 400">Ali Martinez is using the TD Sequential indicator to make sense of this potential surge. He notes that the indicator has recently flashed a “buy signal” on the daily chart. For investors, this signal is often a key indicator of possible trend reversals.</span></p>
<p><span style="font-weight: 400">Martinez further explained that these buy signals typically appear after a period of price decline, suggesting that the meme coin may indeed be entering a recovery phase.</span></p>
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    <h2 class="jeg_block_title"><span>Related Reading</span></h2>
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<p><span style="font-weight: 400">Current data supports the view that DOGE is in a strong position following its recent breakout, hinting at the possibility of even more gains in the near future.</span></p>
<p><span style="font-weight: 400">As of writing, Dogecoin is trading at $0.1720 per coin, with a <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="nofollow">market cap</a> exceeding $25 billion.</span></p>
<p><em>Featured image from Pexels, chart from TradingView</em></p>

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Source: newsbtc.com