Bitcoin’s recent weekend break above a key resistance level has set a potential blueprint for Dogecoin, with analysts pointing to a 25% move for DOGE if the meme coin is able to repeat BTC’s feat in the coming days.

The world’s leading cryptocurrency cleared the $78,330 level – its 23-week moving average – over the weekend, rising over 3% and forming a pin bar candle on the weekly chart. This technical confirmation matters.

Dogecoin faces the same test at its own 23-week moving average of $0.111, a threshold that has served as a ceiling after an impressive three-week rally of around 20%.

Bitcoin’s breakout sets the stage for DOGE

According to a Crypto Mall analyst, Dogecoin’s price is showing some of the most bullish behavior in the Altcoin sector. The cryptocurrency has seen double-digit gains over the past week, while other top coins continue to trend down or post losses over a similar time frame.

The analyst, through his X account, stated the following:

Dogecoin just jumped 4% – leading ALL major cryptocurrency gains today. While ETH, SOL and XRP are bleeding… DOGE is pumping.

This is either the most bullish altcoin signal or the silliest moment for meme coins in 2026.

DOGE holders eating rn#Dogecoin #DOSE #Crypto #Altcoins

— Crypto Mallu (@Cryptomallumeme) May 4, 2026

Dogecoin has historically trailed Bitcoin as one of the most sensitive proxy assets in the nascent sector, which makes BTC’s weekly close above resistance a critical signal.

Target $1 for Dogecoin price?

A separate report claims that the Elon Musk-backed cryptocurrency could see further gains in the coming days. DOGE’s potential target price is $1, he said LiqHunter analyst via X.

The analyst also highlights that if DOGE manages to move $0.111 from resistance to support this week, the technical setup will open a path towards the 200-week moving average at $0.136. This would constitute approximately a 25% escalate compared to the current level – in time-honored financial terms, the so-called medium reversal.

Time suggests an additional analogy. The analysis shows that the current configuration resembles the conditions observed after the local stagnation in April 2025, when May became the month in which deferred demand was finally realized.

Key variable: liquidity

Not everything is settled. The report indicates that the BTC impulse has been confirmed, but it remains an open question whether Dogecoin has enough liquidity to implement the scenario in the next seven days. The market, as the analysis shows, is in a waiting phase.

This development marks a potentially defining moment for DOGE, and the coming week will determine whether Bitcoin’s plan translates into an actual breakout or another stoppage at known resistance.

At the time of writing, Dogecoin is trading around $0.109, consolidating near the critical $0.111 level after recent gains.

DOGE's price trends to the upside over the past week as seen on the daily chart. Source: DOGEUSD chart on Tradingview

Cover photo from Grok, DOGEUSD chart from Tradingview