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Bitcoin Price Rally Could Trigger 20% Push for Dogecoin, Here’s When
TL;DR
Bitcoin's recent breakout above $78,330 could lead to a 25% increase for Dogecoin if it follows suit. Analysts note that Dogecoin is currently testing its 23-week moving average at $0.111.
Key points
- Bitcoin cleared the $78,330 resistance level
- Dogecoin could see a 25% increase if it follows Bitcoin's trend
- Dogecoin is testing its 23-week moving average at $0.111
Dogecoin
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 just jumped 4% – leading ALL major crypto gainers today. While ETH, SOL and XRP are bleeding… DOGE is pumping.
This is either the most bullish altcoin signal of the or the dumbest meme coin moment of 2026.
DOGE holders eating rn#Dogecoin #DOGE #Crypto #Altcoins
— Crypto Mallu (@Cryptomallumeme) May 4, 2026
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.
Q&A
What is the significance of Bitcoin's price breakout for Dogecoin?
Bitcoin's breakout above $78,330 may set a bullish trend for Dogecoin, potentially leading to a 25% price increase.
What price level is Dogecoin currently testing?
Dogecoin is testing its 23-week moving average at $0.111, which has previously acted as a resistance level.
How has Dogecoin performed compared to other cryptocurrencies recently?
Dogecoin has shown double-digit gains over the past week, while many other top cryptocurrencies have remained stagnant or lost value.
