The Dogecoin price is currently down more than 70% from its all-time high of approximately $0.74. However, a crypto analyst has predicted that the likelihood of this top meme coin reaching a new ATH is exceptionally high. Based on recurring historical patterns and strong technical signals, the analysis suggests that Dogecoin is getting ready for a critical breakout that could open the doors to a powerful rally. Dogecoin Price To Record New ATH Soon According to a fresh analysis by crypto expert Javon Marks, the probability of Dogecoin setting new all-time highs in this cycle is “extremely high.” Marks’ outlines a compelling case by comparing Dogecoin’s current market structure with its historical price movements from 2014 to date, which appear to follow a repetitive pattern of consolidation followed by explosive upside.  Related Reading: Dogecoin Price Enters Bullish Livermore Cylinder That Could Catapult Price To $1.5 In his chart analysis shared on the X social media on July 30, the analyst shows that DOGE has historically moved through phases of compression within wedge-like formations, followed by major breakouts to new all-time highs. During the 2016-2017 bull market, the cryptocurrency hit an ATH of $0.01877 after undergoing a long compression. A similar pattern unfolded in the 2021 bull rally, when the meme coin’s price surged to a fresh ATH of $0.739 after an extended period of tightening consolidation.  Currently, the chart structure is showing a striking resemblance to these past setups, with DOGE’s price coiling tightly near a potential breakout point. With this in mind, the analyst predicts that the meme coin is on the verge of a massive price rally exceeding 226%, setting the stage for a possible break-through of the $0.739 ATH if momentum continues to build.  Based on the expert’s chart analysis, historical fractals further indicate the possibility of Dogecoin surpassing the $1 mark to reach $1.42 or even $2.11. A surge to both targets would represent a significant gain of approximately 545% and over 830% respectively, from the current trading price of around $0.22.  Dogecoin Pullback Predicted Ahead Of Next Target Crypto analyst Bitguru revealed in an X post that Dogecoin is showing signs of a pullback that could soon transition into a breakout. The expert’s analysis shows DOGE recovering from the $0.2138 support zone that held firm following a recent decline from its local high of $0.2866.  Related Reading: Dogecoin Breaks Out Of 4-Year Bearish Streak With 65% Rally Bitguru noted that Dogecoin’s decline was a healthy one, as it retraced back to test the previous breakout area. This pullback phase is showing signs of exhaustion, with the meme coin’s price now consolidating around $0.22. Notably, the analyst’s chart is reflecting a potential double-bottom structure, hinting at the possible formation of a bullish reversal pattern. Building on this setup, Bitguru forecasts a potential 28.83% upside for Dogecoin, with price targets in the $0.24 to $0.25 range in the short term. If bullish momentum persists, the chart’s projected trajectory points to an extended move near the $0.28 level.  Featured image from iStock, chart from Tradingview.com Source: newsbtc.com (Read Full Article)

Good news for TRX investors as TRON Inc. has filed a $1 billion shelf offering with the U.S. SEC, aiming to acquire up to 3.1 billion TRX tokens. This initiative marks an 849% jump from the firm’s last major token purchase of 365 million TRX in June 2025, which coincided with the start of a bullish TRX rally. Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? Currently, TRX trades at $0.33, showing price resilience despite a 2.94% dip over the last 24 hours. Market watchers are eyeing the $0.35 and $0.40 resistance levels, with the all-time high sitting at $0.44. The shelf offering enables TRON Inc. to gradually accumulate tokens, reducing the risk of market disruption while maintaining steady upward pressure on the price. TRX’s price trends to the upside on the daily chart. Source: TRXUSD on Tradingview  Institutional Confidence and TRON Whale Activity Soar TRON’s strategic growth has been boosted by a 526% surge in whale transactions, coupled with record-high unrealized profits on the network. Following its successful Nasdaq listing via a $100 million reverse merger with SRM Entertainment, TRON Inc. is increasingly attracting institutional capital. This mirrors corporate strategies like MicroStrategy’s Bitcoin reserves, signaling a potential paradigm shift in blockchain finance. Technical indicators remain bullish. TRX sits above key moving averages, with momentum metrics such as MACD and RSI supporting continued price strength. Analysts suggest a breakout above $0.35 could set the stage for a rally toward $0.43. Stablecoin Dominance and Ecosystem Expansion TRON now hosts over $80.8 billion in USDT, surpassing Ethereum in Tether supply and processing over $20 billion in USDT daily. The network’s low-cost infrastructure has made it a preferred choice for stablecoin transactions, bolstering its position in cross-border payments. Related Reading: Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big Despite regulatory scrutiny and governance questions, TRON continues to expand its DeFi and dApp ecosystems. With $1 billion in planned token purchases and institutional backing growing, TRX could be poised for a significant upward trajectory. Cover image from ChatGPT, TRXUSD chart from Tradingview Source: newsbtc.com (Read Full Article)