Dogecoin is on track to surge and explore higher price grounds. The token is busy forging new price pathways and is desperately putting in efforts to break its resistance which it’s toiling in at the moment. With ETF momentum building up, Dogecoin’s future looks bright; however, the token still needs to explore new levels in order to dominate the market. How high does the token plan to surge? Let’s find out.
Also Read: How High Can Dogecoin Go If X Adopts It for All Payments?
DOGE Trying To Break Free
According to Analyst Trader Tardigrade, Dogecoin is currently attempting to break free from external resistance. The expert shared how the token is approaching the RSI 50 level, a threshold that differentiates between bearish and bullish trends. If the asset manages to assume an upswing pace, it can end up triggering a massive price surce for the token.
“$Doge/H4Dogecoin RSI is approaching 50, the level that differentiates bearish and bullish vibes. If the uptrend continues on the chart, a bullish trend could be triggered.”
$Doge/H4#Dogecoin RSI is approaching 50, the level that differentiates bearish and bullish vibes.
— Trader Tardigrade (@TATrader_Alan) August 4, 2025
If the uptrend continues on the chart, a bullish trend could be triggered. https://t.co/IkJsjoYWbw pic.twitter.com/u0HvI1GxNR
Moreover, Trader Tardigrade later shared another hopeful update regarding Dogecoin. He stated that DOGE’s price chart earlier showed a 65% drop, followed by three bottoms and an optimized price surge. At present, DOGE’s price chart is showing a 73% correction, which is again sufficient, followed by two bottoms. A third bottom is underway, post which the token may once again note a positive price surge.
“$Doge/D3: In the previous structure, we observed a 65% drop followed by three bottoms in line and a decent surge. In the current structure, #Dogecoin has reached a 73% correction, which is considered sufficient. Two bottoms have been seen, and the formation of the third bottom is underway. A massive surge is expected to follow soon.”
$Doge/D3:
— Trader Tardigrade (@TATrader_Alan) August 4, 2025
In the previous structure, we observed a 65% drop followed by three bottoms in line and a decent surge.
In the current structure, #Dogecoin has reached a 73% correction, which is considered sufficient. Two bottoms have been seen, and the formation of the third bottom is… pic.twitter.com/11DrORcKOH
Dogecoin August Timelines
According to DOGE data by CoinCodex, Dogecoin is currently sitting at $0.20, aiming to hit $0.24 by the end of August 2025.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to rise by 16.28% and reach $0.242965 by September 4, 2025. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 64 (greed). Dogecoin recorded 16/30 (53%) green days with 13.26% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: Dogecoin, Cardano Face 8% Dips: Are We In A Bear Market?
