Uptober Surge: DOGE Climbs 11% in a Week, What's Next?
Dogecoin shows promising gains with analysts predicting further growth as it breaks resistance.
Dogecoin (DOGE) trades at approximately $0.26, reflecting a 7% increase over the last 24 hours and an 11% rise over the past week. This positive momentum appears sustainable as October starts, implying a possible upward trend.
Daily Breakout Signals Shift
Analyst Trader Tardigrade reported that DOGE has closed above a declining resistance trendline on the daily chart, confirmed by the Relative Strength Index (RSI) surpassing its downtrend. This signifies the first clear glimpse of a potential trend change, described as a “strong start for Uptober” with promising momentum after weeks of stability.
Source: Trader Tardigrade/X
Furthermore, on the 8-hour chart, Tardigrade noted a recurring scenario where fluctuations followed tightly consolidated phases. Previous instances in July and mid-September resulted in notable upward movements. The latest range, around $0.23, has broken upwards, with projections indicating DOGE may approach $0.34.
“Tight consolidation with a Breakout leads to a massive surge 🔥” — Trader Tardigrade (@TATrader_Alan) October 2, 2025
Higher Lows Add to Bullish Case
Daan Crypto Trades pointed out that DOGE has established higher lows since the April 2025 low. The cryptocurrency is trading above both the 200-day EMA and MA, signaling dynamic support levels.
“DOGE held where it should have and put in a higher low just like most majors.”
Resistance levels are currently noted at $0.39688 and $0.43481, critical areas to monitor as DOGE continues exhibiting higher highs and lows.
Source: Daan Crypto Trades/X
Futures Data Shows Steady Build-Up
Byzantine General remarked that DOGE is making notable higher lows on the futures chart, supported by a gradually increasing trendline. They voiced,
“$DOGE is making higher and higher lows… Maybe DOGE is cooking something.”
Current metrics reveal a decrease in open interest, which lessens market leverage. Funding rates across exchanges remain stable, while trading volumes are steady, albeit lower than the late 2024 peaks. Contained liquidations denote reduced forced sell-offs.
Source: Byzantine General/X
Through these combined indicators, DOGE appears to be gathering momentum, presenting stability in both spot price action and futures data, hinting at increased likelihood for a protracted rally.
