Dogecoin Surges Past Key Trendline as Shiba Inu Lags – Is This the Dawn of a New Crypto Bull Run?

Dogecoin (DOGE) bulls roar back as the meme coin reclaims a critical trendline, while rival Shiba Inu (SHIB) struggles to keep pace. The sudden divergence sparks speculation: are we witnessing the early tremors of the next crypto market surge?

Technical analysts point to DOGE's decisive breakout above its 50-day moving average—a classic bullish signal last seen before its 2021 parabolic rally. Meanwhile, SHIB's failure to hold support at $0.000023 has traders questioning whether the 'Dogecoin killer' narrative still holds weight.

The crypto market's selective recovery comes after last month's brutal liquidation event wiped out $2.8 billion in leveraged positions. 'When DOGE leads, retail follows,' quips veteran trader Mark Russo. 'Though let's be honest—half these 'investors' still think blockchain is a new SoulCycle class.'

All eyes now turn to Bitcoin's weekly close. A sustained hold above $38,000 could confirm the broader market's readiness to run—memecoins and all.

Dogecoin Price Prediction: Next Bull Market Starts Now?

The bounce represents the start of a potential launchpad move, forming a potential double bottom reversal alongside the previous bounce around $0.155 at the start of the month.

This support trendline contributes to a wider ascending channel and a potential breakout setup as momentum indicators find their footing.

The RSI has formed a higher low after a bounce from oversold conditions at 30, while the MACD currently oscillates closely around the signal line. While FUD prevails, bullish momentum is building.

A fully realized double bottom could flip a past resistance into support at $0.20, creating a higher and stronger footing for a breakout push.

Once completed, a channel breakout opens the door for a 215% push to past highs around $0.50. But with Bitwise and Greyscale spot DOGE ETFs expected before year-end, fresh TradFi exposure could fuel a 525% push to $1 running into 2026.

Still, with momentum indicators still weighed down by broader market FUD, a breakdown remains credible. The next price floor sits around $0.09—a 40% decline.

Maxi Doge: A Better Bet Than DOGE And SHIB?

Meme coin rotations are as consistent as they are powerful. When one market leader hits a ceiling, capital naturally flows to the next high-upside contender.

Every bull run eventually delivers a new parabolic Doge-themed runner. Shiba Inu carried the torch from Dogecoin in 2021, then Floki, Bonk, Dogwifhat, and most recently, Neiro.

That dynamic could now be playing out with Maxi Doge ($MAXI), an early Doge-themed token gaining traction just as SHIB and DOGE grapple with liquidity issues.

The HYPE is already translating into numbers.

The $MAXI presale has almost, while early backers are earning up to 76% APY through staking rewards.

For those who missed out on Doge waves before, MaxiDoge could represent the next chance to catch a meme coin breakout before it takes off.