Bitcoin Price Rally Could Trigger 20% Push for Dogecoin, Here’s When

Source Newsbtc

Bitcoin’s recent weekend breakout above a key resistance level has set a potential blueprint for Dogecoin, with analysts pointing to a 25% move for DOGE if the meme coin can replicate BTC’s feat in the coming days.

The world’s leading cryptocurrency cleared the $78,330 level — its 23-week moving average — over the weekend, posting a more than 3% rise and forming a pin bar candle on the weekly chart. That technical confirmation matters.

Dogecoin faces the same test at its own 23-week moving average, sitting at $0.111, a threshold that has acted as a ceiling after an impressive three-week rally of roughly 20%.

Bitcoin’s Breakout Sets The Stage For DOGE

According to analyst, Crypto Mallu, the Dogecoin price is displaying some of the most bullish behavior on the Altcoin sector. The cryptocurrency has seen double digit gains over the past week while other top coins continue to trend sideways or trade at a loss on similar timeframes.

The analyst stated the following via his X account:

Dogecoin historically tracks Bitcoin as one of the most sensitive proxy assets in the nascent sector, making BTC’s weekly close above resistance a critical signal.

$1 Target For the Dogecoin Price?

A separate report claims that the Elon Musk backed cryptocurrency could see further gains in the coming days. The potential price target for DOGE stands at $1, said analyst LiqHunter via X.

The analyst also highlights that if DOGE manages to flip $0.111 from resistance into support in the current week, the technical setup clears the path toward the 200-week moving average at $0.136. That would represent approximately 25% upside from current levels — a so-called mean reversion in traditional finance terms.

The timing draws an additional parallel. The current setup, the analysis notes, bears a resemblance to conditions seen after the April 2025 local stagnation, when May became the month where deferred demand was finally realized.

The Key Variable: Liquidity

Not everything is settled. The report points out that BTC’s impulse has been confirmed, but whether Dogecoin carries enough liquidity to complete the scenario within the next seven days remains the open question. The market, as the analysis frames it, is in a waiting phase.

This development marks a potentially decisive juncture for DOGE, with the coming week set to determine whether Bitcoin’s blueprint translates into an actual breakout or another stall at familiar resistance.

As of this writing, Dogecoin trades at around $0.109, consolidating near the critical $0.111 level after recent gains.

Bitcoin Dogecoin DOGEUSD_2026-05-04_12-33-19

Cover image from Grok, DOGEUSD chart from Tradingview

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Price Forecast: BTC hits three-month high on derivatives-led surgeBitcoin (BTC) price surges above $80,000 on Monday, reaching the highest level since the end of January. Institutional demand supports this price surge, as spot Exchange Traded Funds (ETFs) recorded inflows of over $153 million last week, marking the fifth consecutive week of positive flows.
Author  FXStreet
12 hours ago
Bitcoin (BTC) price surges above $80,000 on Monday, reaching the highest level since the end of January. Institutional demand supports this price surge, as spot Exchange Traded Funds (ETFs) recorded inflows of over $153 million last week, marking the fifth consecutive week of positive flows.
placeholder
Trump says US to help ships stranded in Strait of Hormuz as tanker hit by projectilesUS to start operation to aid stranded ships, Trump saysTanker reported to have been hit by projectile in Strait of HormuzIran wants end to US blockade; nuclear talks postponedTrump has made Iran nuclear deal a priorityBy Parisa Hafezi and Jacob Bogage DUBAI/DORAL, Florida, May 4 (Reuters) - A tan...
Author  Reuters
21 hours ago
US to start operation to aid stranded ships, Trump saysTanker reported to have been hit by projectile in Strait of HormuzIran wants end to US blockade; nuclear talks postponedTrump has made Iran nuclear deal a priorityBy Parisa Hafezi and Jacob Bogage DUBAI/DORAL, Florida, May 4 (Reuters) - A tan...
placeholder
Forex Today: Japanese Yen rallies on reported intervention, US-Iran tensions remain highHere is what you need to know on Friday, May 1:
Author  FXStreet
May 01, Fri
Here is what you need to know on Friday, May 1:
placeholder
AUD/USD jumps near 0.7200 as Japan’s intervention sinks the USDThe Australian Dollar reclaimed the 0.7200 level on Thursday, surging more than 1% as the Greenback dropped to seven-day lows amid Japanese authorities’ intervention in the FX markets, pushing aside solid US economic data. The AUD/USD trades past 0.7200 after hitting a daily low of 0.7110.
Author  FXStreet
May 01, Fri
The Australian Dollar reclaimed the 0.7200 level on Thursday, surging more than 1% as the Greenback dropped to seven-day lows amid Japanese authorities’ intervention in the FX markets, pushing aside solid US economic data. The AUD/USD trades past 0.7200 after hitting a daily low of 0.7110.
placeholder
Bitcoin Briefly Falls Below $76,000: Will Powell Staying on Board Curb Rally? Fed maintains interest rates, Bitcoin price falls below $76,000 as Powell's stay may hinder rebound.On April 30 (GMT+8), Bitcoin ( BTC) narrowed its losses and returned above $76,000, cur
Author  TradingKey
Apr 30, Thu
Fed maintains interest rates, Bitcoin price falls below $76,000 as Powell's stay may hinder rebound.On April 30 (GMT+8), Bitcoin ( BTC) narrowed its losses and returned above $76,000, cur
goTop
quote