Dogecoin (DOGE) has been around since 2013, and from its all-time low until today, it has gained a whopping 250,000%. At its 2021 ATH, it was more than 800,000% gain! Although they bought in May 2015 and held? I don’t know, but if someone did – congratulations to them. Is another massive run coming in Q4 for the OG meme? Read along!

Higher highs and higher lows are what we identify as an uptrend. It is really pretty to watch a chart develop this way. Actually, looking at the price chart on TradingView from the day of DOGE coin inception, it has been in a continuous uptrend to this day.

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(DOGEUSD)

Let us begin our analysis with a broad perspective. Examining the 1W chart, we can observe a double-bottom formation over a period of about a year and a half, between June 2022 and October 2023.

Since then, there have been two impulses, both in 2024 and 2025. We have mainly consolidated while sustaining the upward support level. A large volume on green days signals that buyers are strong, and the RSI has plenty of headroom to the upside.

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(Source – TradingView, DOGEUSDT)

The next step is to examine the 1D chart more closely. With ease, we spot the ascending channel, marked by 2 taps on the lower boundary and 3 taps on the top of the channel. Moving Averages have flipped into bullish order – white, green, and red. However, DOGE price remains below the MA50.

Clean trading or charting with no mistakes is not human. But what are the chances that Dogecoin will retrace all the way down? Anything is possible; it is good to be prepared for multiple scenarios. However, the fact remains that the RSI appears to be poised for another leg up.

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(Source – TradingView, DOGE USDT)

Further zooming in to the 4H chart gives us extra details that matter. The borders of the ascending channel are still visible here and serve as a potentially good indicator for when the next leg higher is likely to occur.

Both times the price pushed past the MA200, we witnessed a continued run. Currently being below the Moving Averages, and at the start of a new accumulation, it is good to sit on our hands for a while. Or at least until we see signs of reversal. At this point, the DOGE price is in the middle of the range, and I would not enter a position unless I see a new higher low form.