Dogecoin’s Ascending Megaphone Pattern Could Support a Run Toward $1, Analysts Say

Dogecoin price outlook: Dogecoin is trading inside an ascending megaphone pattern showing higher highs and rising lows, which analysts say could extend rallies toward $1 if momentum ￰0￱ supports at $0.16–$0.19 and repeated accumulation since 2023 increase the chance of further upside through ￰1￱ megaphone with higher highs and higher lows — a bullish continuation ￰2￱ support near $0.16 (Sep 2024) and $0.19 (Aug 2025) confirm structural ￰3￱ accumulation cycles since 2023 and RSI ~55 suggest balanced momentum with room for ￰4￱ price outlook: Ascending megaphone pattern and defended supports raise the chance of rallies toward $1 — read key levels and next steps to track ￰5￱ is Dogecoin’s price outlook toward $1?

Dogecoin price outlook shows the token trading inside an ascending megaphone structure characterized by widening highs and rising ￰6￱ pattern, reinforced by defended supports at $0.16 and $0.19 and recurring accumulation since 2023, increases the probability of extended rallies that could target $1 if momentum and volume confirm ￰7￱ does the ascending megaphone pattern affect Dogecoin’s short- and medium-term trend? The ascending megaphone indicates increasing volatility with higher swing highs and higher swing ￰8￱ squeezes and momentum-led breakouts can follow tight consolidations. Analysts, including EtherNasyonal, note that repeated base-building phases since late 2023 have translated into multi-month ￰9￱ RSI near 55 points to balanced momentum with potential for renewed buying pressure if buyers step in. , "description": "Dogecoin trades inside an ascending megaphone with rising lows and widening ￰10￱ point to defended supports and repeated accumulation as signals that could push prices toward $1." , Strengthening Structure and Support Dogecoin is carving a broadening megaphone with successive higher bases, which strengthens the bullish ￰11￱ point to defended points at $0.16 (Sep 2024) and $0.19 (Aug 2025) as technical confirmations that the lower trendline is holding. $Doge / 8-hour — Tight consolidation with a breakout leads to a massive ￰12￱ — Trader Tardigrade (tweet dated October 2, 2025) Market commentator Trader Tardigrade highlights recurring phases of tight consolidation followed by sharp ￰13￱ have shown consolidation near $0.22–$0.23 before spikes to $0.25, illustrating the pattern of pause then ￰14￱ Highs and Upward Momentum Dogecoin established a sequence of higher highs from a low near $0.055 in October 2023 to peaks above $0.42 in March 2024.

A subsequent peak above $0.38 in April 2025 continued that upward ￰15￱ momentum indicators, such as the Relative Strength Index at roughly 55, indicate room for buyers to reassert control if volume ￰16￱ pivots and historical moves Period Key level / event Oct 2023 Low near $0.055 — accumulation phase Early 2024 Rally above $0.15 Mar 2024 Peak above $0.42 Mar–May 2024 Move from $0.08 to >$0.23 Sep 2024 Support defended near $0.16 Aug 2025 Support defended near $0.19 Frequently Asked Questions Can Dogecoin’s megaphone pattern lead to a sustained rally? ￰17￱ megaphone formations are paired with rising volumes on breakouts and defended support levels, they can precede sustained ￰18￱ requires higher-than-average buying volume and macro ￰19￱ indicators are most useful to track this setup?

Volume, RSI, and moving averages are ￰20￱ confirms breakouts, RSI gauges momentum (currently ~55), and moving averages help identify trend alignment and dynamic ￰21￱ Takeaways Structure: Ascending megaphone with higher highs and lows supports a bullish view. Supports: $0.16 and $0.19 have been defended and validate the ￰22￱ This technical review of Dogecoin shows an ascending megaphone structure reinforced by defended supports and repeated accumulation cycles since ￰23￱ the pattern increases the probability of extended rallies that could target $1, confirmation requires sustained volume and ￰24￱ should monitor key levels and risk-manage positions as the pattern evolves.