{"id":92038,"date":"2025-08-28T15:10:41","date_gmt":"2025-08-28T15:10:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92038"},"modified":"2025-08-28T15:10:41","modified_gmt":"2025-08-28T15:10:41","slug":"dogecoin-setup-signals-massive-breakout-doge-season-not-started-yet","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92038","title":{"rendered":"Dogecoin Setup Signals Massive Breakout: DOGE Season Not Started Yet"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Dogecoin consolidates in a bull flag pattern, with a breakout target at $0.24 resistance level.
\nIts hashrate surged above 2.9 PH\/s, marking the strongest network security in its history.
\nThumzup Media to acquire Dogehash, expanding Dogecoin\u2019s mining base with 2,500 ASIC rigs.<\/p>\n

Long-Term Cycles Point to Familiar Setup<\/h2>\n

Dogecoin (DOGE) was priced at $0.22 at press time, showing a 1% daily gain and a 2% increase over the week. Trading volume in the past 24 hours stood at $2.27 billion.<\/p>\n

Past cycles highlight the token\u2019s explosive history. In 2017, DOGE rallied about 9,000%. During the 2020\u20132021 cycle, gains exceeded 26,000%. Both rallies came after long consolidation phases, where the price moved sideways for extended periods before breaking higher.<\/p>\n

Since 2021, DOGE has traded mostly between $0.05 and $0.30, forming a multi-year base. Indicators on the weekly chart show a pattern similar to those seen ahead of previous surges<\/a>. Trader Tardigrade said: \u201cDogecoin season has not started yet,\u201d pointing to the view that the asset is still in an early phase.<\/p>\n

$Doge<\/a>\/weekly#Dogecoin<\/a> season has not started yet pic.twitter.com\/usbvOokXgj<\/a><\/p>\n

\u2014 Trader Tardigrade (@TATrader_Alan) August 28, 2025<\/a><\/p>\n\n

On the 4-hour chart, DOGE has developed a bull flag, with consolidation between $0.218 and $0.222 following a sharp upward move. This type of structure often precedes continuation when the price breaks out of the range.<\/p>\n

Trader Tardigrade noted<\/a>:<\/p>\n

\u201c#Dogecoin Bull Flag LOADING A breakout could target $0.24, hitting the previous resistance level.\u201d<\/p>\n

The $0.24 zone remains the immediate resistance to watch.<\/p>\n

Hashrate Climbs to Record High<\/h2>\n

Dogecoin\u2019s network strength has reached a new peak. The hashrate, which measures the total computing power securing the blockchain, rose from an average of 2.2\u20132.4 PH\/s in March to more than 2.9 PH\/s in late August.<\/p>\n

Analyst KrissPax reported<\/a>:<\/p>\n

\u201cDogecoin Hashrate has just hit an all time high! $DOGE.\u201d<\/p>\n

\n

<\/a>
\nSource: X<\/p>\n<\/div>\n

The official Dogecoin account responded<\/a>:<\/p>\n

\u201cCould this be due to certain parts of the community mobilizing to protect against some possible threats? Like something that happened to Monero recently? Hmm\u2026\u201d<\/p>\n

Earlier this month, the Qubic blockchain community voted<\/a> to redirect hashpower toward DOGE for a potential 51% attack. That incident drew attention to the importance of mining power in maintaining network security.<\/p>\n

Corporate Moves in Mining Sector<\/h2>\n

Thumzup Media Corporation, a Nasdaq-listed company, confirmed it will acquire Dogehash, a mining operation based in North America that focuses on Scrypt assets such as Dogecoin and Litecoin.<\/p>\n

Dogehash operates around 2,500 ASIC miners and is expected to scale capacity before year-end. Once completed, the merger would make the combined entity one of the largest Dogecoin mining operations, adding to the network\u2019s industrial base.<\/p>\n

The post Dogecoin Setup Signals Massive Breakout: DOGE Season Not Started Yet<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Dogecoin consolidates in a bull flag pattern, with a breakout target at $0.24 resistance level. Its hashrate surged above 2.9 PH\/s, marking the strongest network security in its history. Thumzup Media to acquire Dogehash, expanding Dogecoin\u2019s mining base with 2,500 ASIC rigs. Long-Term Cycles Point to Familiar Setup Dogecoin (DOGE) was priced at $0.22 […]<\/p>\n","protected":false},"author":0,"featured_media":92039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92038"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92038"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92039"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}