Dogecoin has bounced back strongly, surging more than 12% in just two days and climbing above the $0.25 mark. At the time of writing, DOGE trades near $0.258, up 5.69% in the past 24 hours, with its market cap surpassing $39 billion. Despite this rebound, the coin still remains 16% below its three-month high. Analysts note that Dogecoin’s momentum mirrors the wider crypto market recovery, though resistance at the $0.28–$0.30 zone remains a key test.
Investor confidence in Dogecoin is rising, with open interest jumping 11.68% in the last 24 hours, according to CoinGlass. Futures contracts now represent nearly 4.5 billion DOGE across exchanges, reflecting renewed optimism. This increase follows a sharp September dip, suggesting that the latest rally may be a turning point for the meme coin’s outlook.
On the charts, Dogecoin appears to be repeating a bullish breakout pattern seen in October 2024, when the price rocketed more than 270% to reach $0.484. Technical indicators such as RSI at 56 and a bullish MACD suggest upward momentum could continue, provided DOGE holds above $0.25. A strong move above $0.30 could further validate the bullish trend, while failure to sustain support might send prices back toward $0.20.
Meanwhile, the spotlight is also on new meme tokens such as Maxi Doge (MAXI), which has already raised over $2.66 million in presale and is attracting investors with high staking rewards and ambitious plans for derivatives trading. With meme coin mania returning in Q4 2025, MAXI is positioning itself as a potential breakout candidate alongside Dogecoin, offering risk-tolerant traders another avenue for high-reward speculation.
