- DOGE surged 30.48% in under 3 days, signaling parabolic momentum.
- RSI crossed above 50, confirming bullish strength in the trend.
- OI-weighted funding rate hits 0.0102%, showing strong long interest.
Analyst Trader Tardigrade has projected that Dogecoin (DOGE) is entering a parabolic acceleration phase, as evidenced by its recent performance across multiple short-term rallies. According to the analyst’s chart figures, DOGE shot up 30.48% in less than three days, from almost $0.164 to beyond $0.215. This is the most rapid and intense growth in modern trends.
The chart further shows the two previous rallies: a 24.21% surge in the five days between 30 bars and a 26.59% rise within five days and eight hours in 32 bars. These consistent improvements in shorter time frames suggest growing bull power.
Trader Tardigrade insinuates this acceleration by reference to timeframes and percentage increases, pointing out that the time needed for the last run to gain 25% was well over five days against under three days for the latest over 30% gain. This pattern may indicate that the cryptocurrency is transitioning into a steeper, more volatile growth curve—a common trait of parabolic market behavior.
RSI Breakout Confirms Bullish Trend for DOGE, Says Analyst
Cementing the bullish outlook, Trader Tardigrade noted in a separate tweet that Dogecoin’s (DOGE) Relative Strength Index (RSI) has crossed above the critical 50 level. On a chart posted by the analyst, the RSI’s breakout to bulls matches a recent 30.48% price surge in 2 days and 20 hours, meaning that higher momentum may come along.
As the chart illustrates, the cryptocurrency has historically shown strong rallies after RSI crosses 50. A similar move in late 2024 led to DOGE completing a sustained uptrend, while significant price gains followed the RSI signal. On the other hand, as RSI was below the 50 level in early 2025, it corresponded with an extended bearish period.
The DOGE token returns bullish strength now that the RSI is decisively above 50 again. The chart even marks the RSI breakout as a major inflection point, which implies that momentum is turning in favor of the buyers. The RSI’s movement is conventionally seen as an indicator of an increasing trend direction, and this is usually preceded by volume and price action.
Funding Rate Trends Add Fuel to Dogecoin’s Rally Outlook
Recent data on Dogecoin’s Open Interest (OI)-Weighted Funding Rate adds further weight to the bullish narrative. As the price approaches $0.20, there is a significant uptick in positive funding. As of May 9, 2025, the OI-weighted funding rate was 0.0102%, indicating increased long-positioning interest in the derivatives market.
This optimistic ratio means that traders are ready to pay an additional price to keep their long positions, usually a sign of confidence in continuing the price rise. With all the technical indicators and sentiment going with the flow, the market is setting itself up for potential additional upside.
 surges 30.48% in under 3 days as RSI breaks above 50 and funding rates spike, signaling strong bullish momentum ahead.){kind=link}