Dogecoin Surges to $0.21—Is the Long-Awaited ‘God Candle’ Finally Here?

Jakarta, Pintu News – A well-known trader shared a bullish Dogecoin (DOGE) price prediction, which foresees a large price spike in the near future, following confirmation of a breakout from a descending triangle pattern on a key chart.

CryptoKaleo, a crypto analyst with over 700,000 followers on his X account, posted a DOGE/BTC chart showing that the recent price movement has broken out of the previous downward trend.

Dogecoin Price Rises 1.41% in 24 Hours

On September 2, 2025, Dogecoin saw a modest 1.41% gain over the past 24 hours, trading at $0.2132 — approximately IDR 3,519. During that period, DOGE fluctuated between IDR 3,394 and IDR 3,628.

At the time of writing, Dogecoin’s market capitalization is around IDR 523.99 trillion, with a 24-hour trading volume of approximately IDR 42.31 trillion.

Read also: Bitcoin Surges to $110,000 on September 2nd — Where Could It Go Next?

Dogecoin Has Exited the Downward Trend?

Through a tweet, CryptoKaleo showed a chart of DOGE/BTC which shows that the recent price movement has broken out of the previous downward trend. This pair measures the performance of DOGE compared to Bitcoin.

This kind of breakout shows that the positive momentum for the most popular meme coin is increasing, especially at a time when Bitcoin (BTC) is experiencing weakness.

In the last 30 days, DOGE has risen by 8.8%, while BTC has fallen by 4.4%. This shift reflects a change in market dominance and supports optimistic Dogecoin price predictions, which expect DOGE to reach $1 within this cycle.

CryptoKaleo also predicted a ‘god candle’ – a large price spike that can occur at any time in a trading period.

An example of such a move occurred last week when the price of Pyth Network (PYTH) jumped 100% on August 28, from $0.1150 to $0.2320 in just 24 hours.

Dogecoin Price Prediction: DOGE Retests Key Support and Confirms Bullish Breakout

While the crypto market is currently experiencing a correction, Dogecoin is touching an important support trend line – a point that could be a foothold for a significant price recovery.

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The breakout observed by Kaleo is also clearly visible on the DOGE/USDT chart. A positive signal appeared when the price retested the upper boundary of the descending triangle pattern from the upside, and then immediately bounced up.

This confirms the breakout and opens up the opportunity for explosive price movements in the next few days, which strengthens the bullish predictions for Dogecoin.

The first price target for DOGE is $0.50 – this translates to a potential upside of 127% in the short term. If the positive momentum continues, Dogecoin could even potentially rise to $1 and set a new record high, especially if the altcoin season really kicks off.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto News. Dogecoin Price Prediction: Trader Says DOGE God Candle Is Overdue – Could This Be the Last Chance Under $1? Accessed on September 2, 2025