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Dogecoin Forms Rare Bump and Run Pattern with 64.68% Success Rate

Dogecoin Forms Rare Bump and Run Pattern with 64.68% Success Rate

CryptonewslandCryptonewsland2025/09/29 20:42
By:by Yusuf Islam
  • Dogecoin is showing a bump and run pattern which analysts note has a 64.68 percent recorded success rate.
  • The weekly chart highlights $0.21 to $0.25 as a throwback zone before any breakout toward higher resistance levels.
  • Historical examples confirm the bump and run setup often leads to strong rallies once volume supports the upward move.

Dogecoin may be on the verge of a powerful rally after chart analysts identified a rare “Bump and Run” formation. The weekly chart suggests a possible surge with bullish momentum returning after a key trendline throwback.

$DOGE next phase will be a face-melting rally.

The Bump Run pattern is a rare pattern and don't ignore it when it is formed. pic.twitter.com/MxTMgDBuq1

— Mikybull 🐂Crypto (@MikybullCrypto) September 29, 2025

Rare Pattern Signals Potential Upswing

Technical analysts pointed to Dogecoin’s latest weekly chart showing distinct phases consistent with a classic Bump and Run Reversal. The pattern, recognized in charting literature, is considered both rare and highly reliable when confirmed.

The structure begins with a “Lead-in Phase,” marked by a gradual decline under resistance. This phase transitions into a steep “Bump Phase,” showing aggressive selling pressure. In Dogecoin’s case, this phase has already formed, with the price reacting sharply.

A critical element is the “Throwback to Trendline,” where the price revisits its descending resistance before launching higher. Dogecoin’s price at $0.234 aligns with this phase, according to the chart shared by analysts. This alignment reinforces the likelihood of a breakout.

Chart Data Shows Target Projections

The chart posted indicates Dogecoin may project towards higher levels once the breakout fully materializes. A dotted projection line signals potential continuation above $0.42 and further, should the pattern develop as expected.

Traders referenced historical studies from Encyclopedia of Chart Patterns (2005) by Thomas Bulkowski, which gave the pattern a 64.68% success rate. Bulkowski’s examples showed steep climbs once the reversal phase triggered, highlighting its potential effectiveness.

Weekly candlestick formations support this projection, showing consolidation around the $0.21 to $0.25 range. That zone aligns with the throwback, historically a springboard for rallies. Market participants note that such consolidation zones can provide strong foundations for higher moves.

The bullish outlook rests on the market respecting the technical framework. Without confirmation, the projection remains dependent on further price action. Traders remain cautious, balancing optimism with the need for decisive breakout confirmation.

Broader Market Sentiment and Technical Implications

The prediction of a “face-melting rally” fueled strong discussion among traders and observers. Many highlighted the rarity of the setup, noting that Dogecoin seldom presents such textbook patterns. The suggestion of a steep rally has drawn attention to both retail and institutional participants monitoring price behavior.

The weekly timeframe provides additional weight to the forecast. Patterns formed on longer intervals are typically stronger in signaling sustained moves. If Dogecoin successfully breaks above its trendline and maintains momentum, broader crypto sentiment may benefit from the move.

Such a rally would position Dogecoin against prior resistance points, notably the $0.36 and $0.42 levels. These levels align with the historical highs shown on the chart, giving traders clear areas to monitor for profit-taking or continuation.

The narrative also raises an important question: Can Dogecoin’s current chart formation attract enough volume and conviction to complete the rare pattern?

Volume spikes, often tied to speculative surges, will be essential to validating the breakout. Without strong participation, attempts may falter. Conversely, should volume confirm the setup, Dogecoin could replicate the classic outcomes Bulkowski recorded in his studies.

Historical examples reveal how the Bump and Run pattern has preceded rapid climbs in various markets. This history strengthens analyst confidence, though market conditions always carry uncertainty.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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