Dogecoin explodes to 7 months high, but the bullish breakout still has to melt

Tl; Dr.

• The King of Memes (as it was called by a popular analyst) went on a new tear, which shoots up to a new peak of several months at $ 0.30.
• Several analysts weighed on the rally, indicating that the net has started. One of them even projected that it still had to melt.

Dogecoin $ Doge Still in the buying zone. This bullish breakout will melt faces! pic.twitter.com/jngcmrjfy0

– Ali (@ali_charts) September 12, 2025

Perhaps driven by company purchases or ETF -Hype, the price of Doge has flown out of the gates in recent days. Remember that it was active for a few weeks, until 7 September, in a consolidation mode around $ 0.22.

Then the outbreak started and the first stop was at $ 0.24. That resistance did not last long, because the biggest meme -Munt broke it earlier this week. The rally brought it to its highest price at $ 0.30 since the beginning of February.

Milkybull Crypto weighed about this, proverb The Dogecoin rally has just begun. Although the analyst did not set a certain target, an earlier report noted that Doge could be about to be a triple figure dump because of the tightening of Bollinger tires.

Satoshi Flipper placed a Doge/USDT 8-hour graph, which shows the clear outbreak, and concluded that this is how Dogecoin reminds everyone why it is the ‘King of Memes’.

#Dogecoin/USDT 8 hours$ Doge Everyone reminds why it is the king of Memes https://t.co/sy6arixzxy pic.twitter.com/3b9rvaqoln

– Satoshi Flipper (@satoshiflipper) September 13, 2025

Despite the hype around the token and the upcoming ETF, it is worth mentioning that the SEC has delayed the launch of the long-awaited Rex-Esprey Doge ETF (Doje). The first launch date was September 12, but from now on it has been postponed until September 18.