Dogecoin is contracting in a bullish pattern again. While major cryptos are experiencing a drop, the meme king has been trading in a bullish pennant pattern for the past few weeks.
In the July bull rally, DOGE broke out of the prolonged correction of nearly 7 months from a declining channel pattern. However, the follow-through of the breakout has not been satisfactory, as it has been trading in a wide range of $0.20-$0.29.
Dogecoin $DOGE consolidates in a triangle. A 30% breakout could follow! pic.twitter.com/aCruh88NHu
— Ali (@ali_charts) August 17, 2025
But on the lower timeframe, Dogecoin has formed bullish price action, reviving bullish Dogecoin price predictions and once again raising the long-standing question: Can it reach $1 this year?
Crypto’s latest rally has ignited fresh interest among traders and analysts alike, but Dogecoin has already seen its significant price moves, and its explosive growth potential is limited. But for many investors seeking higher ROI, a new meme coin like Maxi Doge (MAXI) presents a cleaner path to 50-100x gains.
DOGE Could Repeat Bullish Cycle, Says Analysts
According to analysts, the Dogecoin price is forming a similar price pattern to that of 2017 and 2021. Rose is one such analyst. In her recent DOGE price analysis, Rose showed how the price consolidated before a mega rally, and a similar pattern is occurring now.
DOGECOIN ETF in 6 months. pic.twitter.com/y7Nd9ITJi9
— Rose ? (@rosycutee2) August 16, 2025
She credited this Dogecoin price prediction to the Dogecoin ETF news, as Grayscale has filed paperwork after years of building its diverse ETF lineup. This marks the first serious effort to bring a major meme coin into a regulated fund. The analyst expects the DOGE ETF to launch within six months and believes it could spark a bull frenzy.
This is a highly optimistic and bullish scenario, but if played out, DOGE could achieve $1 after the ETF launch.
However, for a sustained bull run, DOGE has to clear numerous overhead resistances. Currently, $0.30 is the major resistance level as the price has been rejected from the same level more than three times. Meanwhile, $0.25 and $0.27 are local resistances that could act as supply zones in the near term.
CoinMarketCap data indicates the Dogecoin price has dropped by 4.31% on the weekly chart. It is currently trading around $0.22 and could drop lower if bearish pressure increases.
In the meantime, its younger cousin, Maxi Doge (MAXI), has debuted in the crypto market with a blockbuster presale.
Maxi Doge (MAXI): Reigniting DOGE-themed Hype For New-gen Traders
Maxi Doge is a bodybuilding DOGE, bringing back life to the Dog-themed meme coin space. The DOGE meme has lost its appeal over the past few years, but this meme is refueling hype with modern-day humour and fortifying the 1000x gain mindset.
Powered primarily by an insane amount of RedBulls and PEDs, Maxi Doge wakes up every day to grind in the gym, achieve a pump, and execute leveraged trades. The community is aligned to hustle for a singular goal: use all available capital and maximize returns with up to 1000x leverage.
The native token, MAXI, is an ERC-20 token, and transactions require ETH as gas fees. Unlike most meme coins, the total token supply of MAXI is fixed, removing the inflationary effect and allowing the community to hype up and significantly pump the token’s value over time.
Maxi Doge has set aside 25% of the 150 billion token supply as the Maxi Fund, which it will use to increase project exposure with strategic partnerships. Another 15% of the supply will be used to fuel liquidity, ensuring no network congestion during high-volume transactions.
The presale is offering 40% of the MAXI supply at discounted prices for investors who back the project at an early stage. Started at $0.00025 in stage one, the presale has raised over $1.16 million. MAXI is currently available at $0.0002525, and will continue to surge every few days as the presale progresses to new stages.
