Dogecoin might be gearing up for a major breakout, and this time, the charts are doing all the talking. A rare and powerful technical pattern — the “Adam and Eve” double bottom — has appeared on DOGE’s weekly chart, fueling speculation that the meme coin could rally to the long-anticipated $1 milestone.
With the price currently hovering near $0.23, analysts are watching closely as the structure of this bullish formation solidifies. If history is any guide, this setup could pave the way for a surge of nearly 90%, potentially pushing Dogecoin to as high as $1.08.
Adam and Eve: A Classic Pattern With Bullish Implications
The “Adam and Eve” double bottom is no ordinary chart pattern. It’s a formation that tends to mark the end of extended downtrends — and more importantly, the beginning of strong upward moves. The pattern consists of two distinct dips: the first, a sharp and narrow “Adam,” followed by a broader, more rounded “Eve.”
In Dogecoin’s case, the Eve bottom played out gradually from mid-2022 through late 2024. The Adam leg formed quickly after, carving out a steep, v-shaped dip followed by a rebound in early 2025. Now, with both parts of the structure in place, DOGE appears to be coiling just beneath the neckline resistance, which sits at approximately $0.569.
If DOGE breaks above this level with strong volume and momentum behind it, chart watchers say a full breakout could send the coin soaring toward $1.08 — a target derived by measuring the depth of the pattern and projecting it upward from the neckline.
Whale Activity Backs Up the Technicals
The bullish case for Dogecoin isn’t just about chart patterns. On-chain data is also painting a promising picture. Since the start of 2025, large Dogecoin holders — commonly referred to as “whales” — have scooped up more than 3.6 billion DOGE. These are wallets holding between 100 million and 1 billion DOGE, and their steady accumulation hints at rising institutional confidence in the asset.
Historically, when whale accumulation intensifies, DOGE has shown a tendency to rally shortly afterward. The current buying spree coincided with a period of sideways consolidation, which often precedes a breakout. If this accumulation continues — or accelerates — it could serve as rocket fuel for the next leg up.
Looking at the Bigger Picture
Dogecoin’s recent performance — a 6.7% gain over the past week — reflects growing interest and momentum. But beyond short-term moves, the confluence of technical and on-chain signals is what’s drawing attention now. A confirmed breakout above $0.569 could put DOGE on a path to retest — and possibly surpass — its all-time highs.
There’s also a historical precedent to consider. Solana, another major altcoin, formed an Adam and Eve double bottom in late 2024. That pattern resolved with a breakout in October 2025, sending SOL above the $160 mark after consolidating around $130–$140. If Dogecoin follows a similar trajectory, $1 might not be a meme dream — it could be reality.
Final Thoughts
Dogecoin’s price action is aligning with some of the most bullish technical and on-chain indicators we’ve seen in months. With a rare Adam and Eve double bottom in play, rising momentum, and a surge in whale activity, the odds are tilting in favor of a breakout.
Whether or not DOGE hits the $1 mark in the near term remains to be seen, but one thing is clear: smart money appears to be positioning ahead of a potential rally. And if history repeats itself, Dogecoin could be on the verge of its next big moment.