Dogecoin Crushing 6-Year Ultra Bearish Trend in Q3, Up 53%
Discover the newest developments in the NFT & Web3 area. This article dives into: “Dogecoin Crushing 6-Year Ultra Bearish Trend in Q3, Up 53%”.
Dogecoin (DOGE), the king of meme cash, is on a bullish rally, with its worth persevering with to rise. This improvement has positioned DOGE to interrupt a bearish pattern that has trailed the meme coin for the final six years. The meme coin is up by a staggering 53% in its quarterly efficiency.
Dogecoin’s worth holds sturdy as merchants eye $0.30
Cryptorank information reveals that during the last six years, Dogecoin has persistently carried out poorly in the third quarter (Q3) of yearly.
Notably, in 2019, DOGE closed Q3 by a 28.9% decline in worth worth. The asset has maintained a streak of losses from 2021 to 2024, closing in the crimson zone by 18%, 7.14%, 6.80% and eight.26%, respectively.
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However, the present momentum of Dogecoin in the cryptocurrency market is positioning it to beat that bearish pattern.
In the primary month of Q3, 2025, DOGE has already jumped by over 47% and stays on a bullish path. If the present momentum continues, it’d set a brand new file for the dog-themed meme coin.
DOGE Quarterly Returns | Source: Cryptorank
As of this writing, DOGE worth was buying and selling at $0.2471, representing a 1.07% improve during the last 24 hours. The meme coin had earlier traded at a peak of $0.2566. The ecosystem’s merchants at the moment are eyeing a potential breakout that would flip the $0.27 resistance degree.
A surge in quantity may see the meme coin climbing to new heights. The buying and selling quantity at the moment stands at $6.03 billion, a 1.64% improve inside this era.
Open curiosity soars as bullish sentiment builds
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Meanwhile, if Dogecoin can clear the $0.27 resistance amid rising quantity, the meme coin may try to retest $0.30. At the beginning of the week, DOGE merchants elevated their speculative exercise across the asset. Its open curiosity surged as buyers dedicated $2.83 billion in the meme coin.
In all of those, buyers could be hoping that the worth of DOGE will not be impacted by crypto market volatility. For now, the bullish experience is thrilling to market members.
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