DOGE is on the verge of a massive breakout: if this transaction goes smoothly, the price of DOGE is expected to soar to over 0.5 US dollars.

The beginning of 2025 looks bullish, and some popular cryptocurrencies have emerged, such as DOGE, which has surged above a critical range. With this rise, the price seems to have triggered a considerable recovery from the temporary support range of $0.30 to $0.31; the token has surpassed the bearish pattern. Therefore, it is believed that the price of DOGE will maintain a stable upward trend and reach the next resistance level between $0.41 and $0.42.

The memecoin field has become active again, with popular tokens such as PEPE, WIF, BONK, SHIB, and the DOGE, which has seen a significant price increase, emerging one after another. This indicates that these tokens are preparing for the next bullish period as the focus shifts to the price of DOGE. Top memecoins have gained strong bullish momentum after breaking through the consolidation at $0.329 and testing $0.33.

DOGE price retested the broken EMA, and people can expect to see a rejection. However, if the price manages to cross a certain range, the bearish argument may be invalidated.
The price of DOGE has skyrocketed above the downward trend line that has been maintained since the second half of December. In addition, the MACD indicates a decrease in selling pressure and is about to experience a bullish crossover with the DMI level. This indicates a reversal of the trend as the bullish trend recovers. However, breaking through the temporary resistance zone above $0.36 may validate the start of a new bullish trend.