Dogecoin Price Ready for A Breakout As Charts Print Rare Bullish Signal

Highlights

Dogecoin price is primed for a breakout rally to $1 from a rare ‘Adam and Eve’ bottom pattern signaling a potential 89.97% rally toward $1.08.
Whale accumulation spree hit 3.61B DOGE since the start of 2025, which suggests rising institutional confidence.
Converging technical and on-chain metrics suggest the price of Dogecoin is preparing for a breakout to previous highs.

Dogecoin price charts show formation of bullish “Adam and Eve” double bottom pattern, a market structure that precedes a major breakout. This pattern emerged on the weekly chart and follows a notable DOGE price gain of 6.69% over the past seven days. The on chain metrics and other factors support this breakout.

Is A Dogecoin price Breakout to $1 Next?

Dogecoin price targets an 88.97% breakout toward $1.08 as it completes a rare Adam and Eve double bottom on the weekly chart. The meme coin is consolidating near $0.228, following a rounded Eve bottom from mid-2022 to late 2024, and a sharp retracement and spike forming the v-shaped Adam structure in early 2025.

The Adam and Eve pattern is a bottoming structure that typically marks the end of a prolonged downtrend. It comprises two distinct troughs — a rounded “Eve” followed by a steep “Adam”, which usually signals a shift in momentum once price breaks above the neckline resistance.

For DOGE, the neckline sits around $0.56958, with the lowest trough near $0.058. The projected breakout target is derived by measuring the vertical distance from the pattern’s lowest point to the neckline at $0.51158. Adding this to the neckline yields a bullish target of $1.081, implying a potential breakout of 89.97%.

A weekly close above $0.56958, boosted by rising volume and momentum, would validate the pattern and mark the start of a sustained uptrend.

In addition, higher lows in DOGE’s market structure along the Adam leg suggest momentum is building. If bulls manage a decisive breakout above the neckline, the $1.00 psychological level could come back into focus for the first time since 2021.

Dogecoin Price Ready for A Breakout As Charts Print Rare Bullish Signal — Dogecoin 1-week chart by TradingView

Whales Scoop 3.61B DOGE Suggesting Continuation Upwards

On-chain data builds up on Dogecoin’s bullish outlook after highlighting a notable surge in whale accumulation. Addresses holding between 100 million and 1 billion DOGE bought an additional 3.61 billion tokens since January 23, 2025.

According to the data, these addresses have steadily accumulated the meme coin, suggesting a growing interest in DOGE among large investors. Historically, Dogecoin price has responded to spikes in whale activity with massive upside moves.

If the rate of buying continues, it could provide the boost that Dogecoin’s price needs to break above the $0.569 resistance.

Historically, “Adam and Eve” double bottom pattern has led crypto bull runs, a similar pattern was seen on Solana charts in October 2024. Weekly chart formed this pattern around the $130–$140 zone which led to a breakout above $160 on 7 Oct. 2025 Dogecoin is forming a similar pattern and looks ready for a similar price rally.

In conclusion, Dogecoin price has a high chance of breaking above the $1 mark, supported by strong on-chain and technical signals. The accumulation spree began during a price consolidation phase, which suggests that smart money investors were positioning early before a potential rally. This strategic capital inflow aligns with the Adam and Eve double bottom pattern, confirming the case for a bullish forecast.

Frequently Asked Questions (FAQs)

1. Will Dogecoin reach $1 again?

Yes. A rare market pattern on the weekly Dogecoin chart suggests the meme coin is eyeing the $1 price level.

2. What is Dogecoin’s all-time high?

The all-time high for Dogecoin is $0.7379.

3. Will Dogecoin set a new all-time high?

If the bullish momentum currently pushing the meme coin forward continues, Dogecoin will rally and set a new all-time high above $0.7379.

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William

William is a markets and business journalist at CoinGape, where he covers developments across the digital asset space. He has contributed to leading media outlets such as the Times of Malta and previously reported on business news as an assistant reporter for TVM.

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