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August 28, 2025Crypto Potato logoCrypto Potato

Dogecoin Setup Signals Massive Breakout: DOGE Season Not Started Yet

TL;DR Dogecoin consolidates in a bull flag pattern, with a breakout target at $0.24 resistance ￰0￱ hashrate surged above 2.9 PH/s, marking the strongest network security in its ￰1￱ Media to acquire Dogehash, expanding Dogecoin’s mining base with 2,500 ASIC rigs. Long-Term Cycles Point to Familiar Setup Dogecoin (DOGE) was priced at $0.22 at press time, showing a 1% daily gain and a 2% increase over the ￰2￱ volume in the past 24 hours stood at $2.27 ￰3￱ cycles highlight the token’s explosive ￰4￱ 2017, DOGE rallied about 9,000%. During the 2020–2021 cycle, gains exceeded 26,000%. Both rallies came after long consolidation phases, where the price moved sideways for extended periods before breaking ￰5￱ 2021, DOGE has traded mostly between $0.05 and $0.30, forming a multi-year ￰6￱ on the weekly chart show a pattern similar to those seen ahead of previous ￰7￱ Tardigrade said: “Dogecoin season has not started yet,” pointing to the view that the asset is still in an early phase. $Doge /weekly #Dogecoin season has not started yet ￰8￱ — Trader Tardigrade (@TATrader_Alan) August 28, 2025 On the 4-hour chart, DOGE has developed a bull flag, with consolidation between $0.218 and $0.222 following a sharp upward ￰9￱ type of structure often precedes continuation when the price breaks out of the ￰10￱ Tardigrade noted : “#Dogecoin Bull Flag LOADING A breakout could target $0.24, hitting the previous resistance level.” The $0.24 zone remains the immediate resistance to ￰11￱ Climbs to Record High Dogecoin’s network strength has reached a new ￰12￱ hashrate, which measures the total computing power securing the blockchain, rose from an average of 2.2–2.4 PH/s in March to more than 2.9 PH/s in late ￰13￱ KrissPax reported : “Dogecoin Hashrate has just hit an all time high! $DOGE.”

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