{"id":7668,"date":"2025-05-28T12:05:00","date_gmt":"2025-05-28T11:05:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7668"},"modified":"2025-05-28T11:24:30","modified_gmt":"2025-05-28T10:24:30","slug":"dogecoin-price-surge-110-percent-reasons-doge","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/dogecoin-price-surge-110-percent-reasons-doge\/","title":{"rendered":"3 Key Reasons Dogecoin (DOGE) Could Surge 110% This Month"},"content":{"rendered":"\n

3 Key Factors for the Dogecoin Surge<\/strong><\/h2>\n\n\n\n

The Dogecoin<\/strong> (DOGE)<\/a>, the most popular meme coin, could be on the verge of a major bullish breakthrough<\/strong>. Three technical factors<\/a>, flow and institutional investor activity<\/strong>, seem to be aligning to fuel a significant price increase in the coming months.<\/p>\n\n\n\n

On the chart, Dogecoin is showing encouraging signs. Since its April low, DOGE has already surged by 75%<\/strong>, reaching $0.228<\/strong>. On the daily chart, the price is now approaching a potential bullish breakout<\/strong>, forming what appears to be a bullish flag. This technical pattern, characterized by a vertical rally followed by a consolidation phase, is generally associated with a continuation of the positive trend.<\/strong><\/p>\n\n\n\n

Furthermore, DOGE <\/strong>is set to form a “mini golden cross”<\/strong>, with the reversal of the difference between the 50 and 100-day exponential moving averages.<\/strong> These technical patterns suggest an aggressive breakout<\/strong> once the flag formation is resolved, with a key resistance to watch at $0.4815<\/strong>. Breaking above this level would present a potential 110% upside<\/strong> from current levels. However, a drop below the psychological support at $0.20<\/strong> would invalidate this bullish outlook.<\/p>\n\n\n

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\"DOGE<\/figure>\n<\/div>\n\n\n

A bearish divergence in the RSI and other indicators urge caution in the coming weeks. Indeed, Bitcoin<\/a> and the crypto market<\/a> have seen several weeks of uninterrupted gains. The probabilities of retracements increase daily.

Moreover, the DOGE <\/strong>flag could be used by smart money to “distribute” one last time before the retracement. If this bearish scenario materializes, DOGE could target its Point of Control at $0.17.<\/strong> This area should act as a strong support and provide a prime opportunity to jump on DOGE before its surge in 2025.<\/p>\n\n\n\n

Therefore, it will be crucial to monitor DOGE between $0.25 and $0.27<\/strong> if it regains these levels in the coming days.<\/p>\n\n\n\n

Essential Catalysts<\/strong><\/h2>\n\n\n\n

The positive funding rate of Dogecoin is also a crucial element<\/strong>. In perpetual futures markets, a positive funding rate<\/strong> means that long position holders pay fees to short sellers. This reflects a bullish market expectation<\/strong> and typically fuels an upward trend.<\/p>\n\n\n\n

Whales Continue to Accumulate DOGE<\/strong><\/h3>\n\n\n\n

Lastly, data shows that large institutional investors continue to accumulate Dogecoin massively. According to Santiment<\/strong>, addresses holding between 100 million and 1 billion<\/strong> DOGE now control over 26.46 billion tokens<\/strong>, a level not seen since December 2023<\/strong>. Their holdings are significantly increasing, up from 23 billion<\/strong> in January.<\/p>\n\n\n\n

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Whales have bought over 1 billion #Dogecoin<\/a> $DOGE<\/a> in the past month! pic.twitter.com\/VVzwO7yLnM<\/a><\/p>— Ali (@ali_charts) May 16, 2025<\/a><\/blockquote>