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Reading: Dogecoin Breakout Fever: Is The 300% Moonshot Back?
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The cryptonews hub > Blog > Crypto News > Ethereum > Dogecoin Breakout Fever: Is The 300% Moonshot Back?
Ethereum

Dogecoin Breakout Fever: Is The 300% Moonshot Back?

Crypto Team
Last updated: September 30, 2025 7:20 am
Crypto Team
Published: September 30, 2025
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wp header logo 2775 Dogecoin Breakout Fever: Is The 300% Moonshot Back?

Dogecoin is pressing on a familiar technical hinge on the weekly chart. In a setup highlighted by crypto analyst Cantonese Cat (@cantonmeow), DOGE has completed a third multi-month descending trendline test in as many cycles, with price now hovering just below a quarter dollar after a brief breakout and early retest.

The second sequence repeated across late-2023 into 2024: an April–June 2024 distribution created a fresh descending line that capped price through October 2024, when a weekly close through the line triggered the next impulse. From that October 2024 breakout, the advance extended about 350% into the late-2024 peak.

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Price action since the November–December 2024 high near $0.48 carved the third descending trendline. Over the past several candles, DOGE pushed through that line, then slipped back toward it, producing a classic “return move” on reduced momentum. As of the chart’s timestamp (Sep. 29, 2025, 00:04 UTC), DOGE trades around $0.2369 on the weekly, a level that sits in the middle of this retest zone.

source

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