Dogecoin Rallies 53% in Q3, Breaking Six-Year Bearish Trend
Dogecoin rally surged 53% in Q3 2025, marking its first quarterly gain since 2018 and extending a three-month climb of roughly 58%. This rally broke a six-year bearish trend after six consecutive Q3 losses from 2019 to 2024. In July, prices jumped over 47% to peak at $0.2566, lifting the price above $0.2471. Traders now target a break above $0.27 toward $0.30 as trading volume hit $6.03 billion and open interest rose to $2.83 billion. The Dogecoin rally is fueled by ETF speculation and social momentum rather than technical upgrades, echoing past memecoin surges. While bullish sentiment may sustain gains, traders should monitor social chatter and broader crypto trends to manage potential volatility.
Bullish
The strong Dogecoin rally, marked by a 53% Q3 surge and rising trading volume and open interest, signals bullish momentum in both the short and medium term. ETF speculation and social media hype have driven this rally, echoing past meme coin cycles. Short-term traders may capitalize on continued upside toward resistance levels at $0.27–$0.30. However, long-term sustainability depends on broader market trends and sentiment shifts. Overall, the near-term price trajectory appears positive, supporting a bullish view.