A crypto analyst has identified a bullish divergence on Dogecoin's price chart, which could be signaling a significant price movement. According to the analyst, this divergence has been forming since 2025 and is pointing towards a fresh breakout to new highs.
The analyst predicts that Dogecoin could experience a 500% price rally, catapulting its value from current prices to $0.6533. This level puts the meme coin just 11.4% below its all-time high of roughly $0.73 set in May 2021.
Once Dogecoin reaches this target, the analyst projects an even stronger price surge towards $1.25. The bullish divergence has been laying the groundwork for a huge 'running season' that could soon transform the meme coin's price.