What’s Fueling DOGE’s 12%, SHIB’s 9% Surge? The Charts Tell The Story
Posted On February 25, 2026
Dogecoin (CRYPTO: DOGE) on Wednesday surged 12%, breaking out of a multi-week descending wedge, while Shiba Inu (CRYPTO: SHIB) exploded 9% as the burn rate skyrocketed 900% in 24 hours.
Dogecoin’s Pattern Breakout
DOGE broke decisively above the upper trendline of a descending wedge pattern that compressed price since mid-January.
The explosive momentum candle pushing through $0.1030 represents a textbook bullish signal after weeks of compression.
Price reclaimed all major EMAs in one powerful surge—the 20 EMA at $0.09545, 50 EMA at $0.09666, 100 EMA at $0.09883, and now challenges the 200 EMA at $0.10508.
A clean 4-hour close above the 200 EMA would confirm full bullish EMA …
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