Dogecoin Explodes to 7-Month High But Its Bullish Breakout Is Yet to Melt Faces

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Dogecoin Explodes to 7-Month High But Its Bullish Breakout Is Yet to Melt Faces

TL;DRDogecoin $DOGE still in the BUY zone. This bullish breakout will melt faces! pic.twitter.com/JNgCmRJfY0— Ali (@ali_charts) September 12, 2025Perhaps driven bycorporate purchasesor ETF hype, DOGE’s price has flown out of the gates in the past several days. Recall that the asset was stuck in a consolidation mode around $0.22 for a few weeks, until September 7.That’s when the breakout began, and its first stop was at $0.24. That resistance didn’t last long, as the largest meme coin broke it earlier this week. The rally drove it to its highest price point since early February at $0.30.Milkybull Crypto weighed in on the matter, saying that Dogecoin’s rally has just begun. Although the analyst didn’t set a particular target, a previousreportnoted that DOGE could be on the verge of a triple-digit surge due to the tightening Bollinger Bands.Satoshi Flipper posted a DOGE/USDT 8-hour chart, which shows the clear breakout, and concluded that this is how Dogecoin is reminding everyone why it’s the “king of memes.”#DOGECOIN/usdt 8 hour$DOGE reminding everybody why it’s the KING OF MEMES https://t.co/sy6ARIxZXY pic.twitter.com/3B9RVaqOln— Satoshi Flipper (@SatoshiFlipper) September 13, 2025Despite the hype around the token and its upcoming ETF, it’s worth noting that the SECdelayedthe launch of the much-anticipated Rex-Osprey DOGE ETF (DOJE). It’s initial launch date was September 12, but it has been postponed to September 18 as of now.