Could Uptober Fuel Dogecoin Toward $0.35? Analysts Weigh In

Dogecoin (DOGE) has once again attracted investor attention as market momentum builds ahead of potential breakout ￰0￱ cryptocurrency’s history of sharp price spikes, combined with current technical setups, suggests renewed bullish ￰1￱ highlight that key support zones and repeating chart patterns could set the stage for the next leg upward, reinforcing Dogecoin’s reputation as a highly retail-driven ￰2￱ Historic Breakouts According to analyst Ali Martinez, Dogecoin’s late January 2021 price surge remains a defining ￰3￱ a single day, $DOGE jumped 423%, climbing from roughly $0.01 to above $0.05. Following this parabolic move, prices consolidated between $0.07 and $0.08, eventually testing $0.085.

Martinez notes that the 2021 spike established durable support zones near $0.065–$0.07. Consequently, closing above these levels today signals strong market demand, giving traders confidence in potential upward ￰4￱ historic levels continue to guide technical decisions and shape market ￰5￱ Pointing to a New Pump Trader Tardigrade highlights that Dogecoin may be primed for another surge, especially against ￰6￱ the $DOGE/$BTC 4-hour chart, a falling wedge breakout pattern has ￰7￱ breakouts pushed prices from 0.00000200 BTC to above 0.00000285 BTC. A similar formation is now targeting 0.00000270 BTC or higher.