Jakarta, Pintu News – Dogecoin (DOGE) may be preparing for a potentialbreakout against Bitcoin, according to crypto trader Surf. He shared a weekly chart update that highlighted a slight increase in both the price and the Relative Strength Index (RSI) indicator.
Bitcoin (BTC) price slumped 4.85% over the past day and was trading at $63,219 on February 24, 2026, while Dogecoin recorded a modest decline of 5.61%. This divergence from Bitcoin has fueled speculation that DOGE couldoutperform the major cryptocurrency if the current momentum continues.
Surf posted a follow-up tweet titled “Good DOGE,” signaling optimism after his previous analysis of the DOGE/BTC weekly chart. The chart shows that although Dogecoin is in a long-term downtrend against Bitcoin, the RSI indicator has been pushed slightly higher.
Read also: Meme Coin Price Plummets! DOGE, SHIB, and PEPE in danger of further correction?
Technical analysis suggests that a rise in the RSI amid price compression could indicate weakening selling pressure. According to Surf, this slight increase in price and RSI reinforces the existing setup, making it an important point for traders monitoring the weekly close.
The weekly close is considered particularly significant as it reflects sustained buying or selling pressure over several days, giving a clearer picture thanintraday movements. Surf emphasizes that he is “monitoring the close,” indicating that confirmation of a trend change will only occur if momentum is able to persist until the close of the weeklycandle.
Traders interpreted the RSI’s position pressing against the descending resistance line as an early signal that Dogecoin may be gearing up for a big move.
On February 24, Dogecoin price briefly traded at $0.09091, erasing previous losses and entering the positive zone. If the current trend continues to hold, Dogecoin could start tooutperform Bitcoin, potentially triggering capital rotation towards meme coins.
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However, analysts warn that Bitcoin’s stability remains a crucial factor; a deeper decline in Bitcoin could quickly cut into DOGE’s gains as investors move to withdraw from high-risk assets.
A chart update from Surf highlights that momentum shifts often start subtly, with the initial move on the RSI preceding price action on highertimeframes. Traders monitoring the DOGE/BTC pair now see the slight push on the RSI as the potential start of a trend reversal.
If Dogecoin is able to sustain its weekly gains and the RSI manages to break above the resistance, the downtrend against Bitcoin could weaken, opening up opportunities for further upward movement.
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