NewsBTC

26 October 2025

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Dogecoin Market Cap Breaks Resistance, Potential for $100 Billion Expansion

Dogecoin's market cap is showing signs of a potential upward trend, according to a technical analysis by EtherNasyonaL. The analysis highlights:

• The formation of a cup-and-handle pattern on the monthly market-cap chart, suggesting a possible breakout.
• The market cap is around $30 billion, staying above its 25-month moving average with increasing higher lows since the 2022 bear market.
• A successful retest of a previously broken resistance line indicates strong support, potentially leading to significant directional moves.
• Dogecoin's market cap has consistently formed higher lows since mid-2023, reinforcing a bullish structure.
• As long as Dogecoin remains above the 25-month moving average, its bullish trend may continue. A further increase could push the market cap above $100 billion.

Currently, Dogecoin trades at $0.20 with a market cap of $29.82 billion.