THE LATEST CRYPTO NEWS

While historically linked to significant price increases, the golden cross is not a reliable standalone indicator.

In his latest market update, the crypto analyst known as VisionPulsed tempers bullish hopes for Dogecoin, arguing that a move to the long-sought $1 mark will require a precise alignment of market forces that has yet to materialize. While acknowledging speculative bursts are possible, he warned that the broader setup remains incomplete, keeping the meme coin’s parabolic breakout on hold. How Can Dogecoin Reach $1? He laid out a data-driven case: unless Ethereum breaks decisively to new highs while the halving-cycle timing extension and global M2 liquidity backdrop stay supportive, Dogecoin’s next parabolic leg remains out of reach. The immediate backdrop, he notes, is a bounce in Bitcoin dominance that again sidelined the prospect of a broad altcoin rally. Ethereum has improved the setup by making a new cycle high and clearing the $4,000 zone, but it now sits wedged beneath the final two technical hurdles from 2021—“the 2021 high in May and the 2021 high, which is the all-time high.” He frames the sequence plainly: “Once ETH breaks this high, ETH has officially gone onto a bull market.” Until that confirmation arrives, he treats talk of an imminent “Doge to the moon” phase as premature. Related Reading: Dogecoin Doomed To Chop? Analyst Sees $0.90–$1.50 Top—But Not Anytime Soon Price action on Dogecoin itself has not helped the cause. Vision Pulsed highlights a conspicuous topping-tail candle that formed after traders “piled in,” calling it “definitely not the candle you want to see.” He points to a prior instance where a similar wick preceded a local reversal, using it to caution against extrapolating short squeezes into sustainable trend. In his read, Dogecoin remains in a broad, choppy accumulation—an area he sketches as a bottoming process that can include fakeouts on both sides—rather than a confirmed uptrend. Even in a constructive scenario, he warns that failure of the broader conditions could force “one more” downside sweep before any genuine altseason takes hold. Timing is a second pillar of his analysis. He flags the 486-day mark from the most recent Bitcoin halving as a recurring inflection in prior cycles. “We are fastly approaching what would be considered the final bull-run push in 2021… 486 days from the halving,” he says, recalling that both of the last two cycles saw a sizable correction and then a final rally around that window. With April 19, 2024 as the halving date, August 18, 2025 is the analogous threshold this time—a date he treats as context, not destiny. “There are no guarantees,” he stresses, reflecting on the limits of historical rhyme. Related Reading: Dogecoin Is Right Where Past Bull Runs Have Taken Off: Analyst Liquidity—through the lens of the popular M2 money supply overlay—remains supportive, but not determinative in his view. He acknowledges that “everyone and their mother” watches M2 and that it currently “says there is a chance for a rally in this time period.” Yet he underscores that the relationship is not perpetual: in past cycles, M2 continued higher even as crypto rolled into a bear market. The takeaway is pragmatic and non-dogmatic: “We’ll use it until it doesn’t work,” but it cannot be a guarantee of an extended bull run on its own. From this macro-and-liquidity scaffold, he distills a clear gating function for Dogecoin’s headline target. For a sustained advance toward one dollar, three conditions should align: Ethereum must break above its 2021 highs to confirm a fresh bull market; the halving-cycle “extension” window—centered on the ~486-day post-halving rhythm—needs to open the historical runway for a terminal rally; and global M2 expansion needs to stay supportive enough to keep risk appetite. Inside Dogecoin’s own tape, he allows for meaningful volatility without structural change. “Could we have bullish swings back and forth to 30 cents? Sure,” he says, framing such moves as tradable ranges within a larger consolidation rather than the start of the terminal advance. What would convert that range into trend is not a single candlestick or an isolated breakout, but the multi-asset alignment he repeats throughout the update. At press time, DOGE traded at $0.22. Featured image created with DALL.E, chart from TradingView.com

Dogecoin is showing strong signs of a market revival, with recent price movements and technical indicators hinting at an incoming rally. According to technical analysis, Dogecoin’s recent price action has opened up a pathway to $1 that’s becoming increasingly visible if some conditions are met. Particularly, technical analysis by crypto analyst MMBTtrader on the TradingView platform outlines a bullish setup that formed after a decisive Dogecoin price breakout from a long-term downtrend channel on the 3-day candlestick chart. Related Reading: Crypto Is Here To Stay—Even The SEC Can’t Do Anything About It, Analyst Says Downtrend Channel Breakout And Retest Complete As shown in the 3-day candlestick price chart below, which was initially shared by MMBTtrader, Dogecoin broke above a descending parallel channel on July 15. This breakout is significant because it represents a shift in market structure from sustained selling pressure to an expansion phase from a channel that had contained its price action since late 2024.  However, after breaking out of this channel in mid-July, Dogecoin kicked off a correction path on July 21 that saw it reach down towards the upper trendline of the descending channel again. As noted by the analyst, this move allowed Dogecoin to successfully retest the breakout zone, which is a move he sees as confirmation that bulls have regained control.  Notably, the 0.61 Fibonacci retracement level appears as a key pivot point where Dogecoin’s price action eventually found strong support. This support was around the $0.188 price low on August 2, where it bounced upwards and has closed three bullish 3-day candles since then. MMBTtrader interpreted these candles as a healthy signal, suggesting that over-leveraged long positions have already been flushed out, and Dogecoin’s price action is now in a more stable state for a strong upside move. Dogecoin Will Reach $1 When This Happens Now that Dogecoin seems to have bounced from its retest of the descending trendline, the analyst highlighted some targets on the way to $1. The first price target is $0.32, which aligns with the 0.236 Fibonacci resistance and acted as a strong support level in December 2024. As such, breaching this level would represent a decisive break above a support-turned-resistance situation. One of the most important observations in the analysis is the $0.40 resistance level, which is marked on the chart with a prominent red horizontal zone. According to MMBTtrader, a clean break above $0.40 would shift Dogecoin into what he calls an “extremely bullish” phase.  A breakout above $0.40 would unlock upside potential and push Dogecoin to new price territories above its current all-time high of $0.73. Particularly, the projection is that of a move to $0.75 and the most-coveted $1 price level.  Related Reading: Ripple-SEC Legal Drama Ends; XRP Skyrockets 13% At the time of writing, Dogecoin is trading at $0.2355, up by 6.2% and 17.7% in the past 24 hours and seven days, respectively. The most important thing for bullish momentum right now is to hold above the 0.5 Fib level at $0.216. Featured image from Unsplash, chart from TradingView

A fresh chart shared on X by the pseudonymous technician Charting Guy is stoking renewed bullish chatter around Dogecoin, suggesting that the meme-coin best known for its social-media cult could be setting up for a run toward the upper boundary of a multiyear rising wedge near $1.60. Will Dogecoin Skyrocket Above $1? The analyst’s daily chart (BINANCE: DOGEUSDT) frames nearly two years of price action inside a broad, magenta-coloured ascending wedge whose support has risen from roughly $0.06 in late-2023 to $0.17 today, and whose resistance projects to $1.10–1.60 over the coming months. At press time DOGE is changing hands at $0.2219, up 8.7 percent on the day, having just pierced the wedge’s internal trend line that capped every rally until mid-July 2025. A cluster of Fibonacci retracement and extension levels anchored to the chart’s swing low at $0.0491 and swing high at $0.7605 defines the roadmap that traders are watching. The token has already reclaimed the 0.382 retracement at $0.1399 and the psychological $0.20 handle, and is now hovering above the 0.50 zone at $0.1933 – ahead of the more technically significant golden ratio at 0.618 ($0.2671). Above that, fib-derived hurdles stack at 0.702 ($0.3362), 0.786 ($0.4232), and 0.888 ($0.5596), with the full retrace level at $0.7605 and the 1.272 extension demarcated at $1.6017 – precisely where the wedge’s ceiling converges in the analyst’s projection. Related Reading: Dogecoin Is Right Where Past Bull Runs Have Taken Off: Analyst What lends the setup its narrative force is a cyan overlay on the same chart – a fractal copy of DOGE’s eruptive late 2024 leg – that has been transplanted onto the current structure. In that earlier episode the coin rocketed 439 percent once price tagged rising-wedge support, sliced through the internal down-sloping resistance, retested it as support and accelerated straight to the upper boundary. The overlay implies that a similar sequence has begun to unfold: DOGE revisited wedge support in late June, broke the internal trend line in mid-July, and retested it successfully this week– if the fractal continues to rhyme – could embark on a vertiginous sprint that terminates where the 1.272 extension meets the wedge roof just north of $1.60. The monthly view reinforces the bullish undertone. Charting Guy points out that the Relative Strength Index (RSI) is on the verge of a bullish cross of its own moving average in the 50–55 band. The last time that crossover occurred, in early 2024, price embarked on the aforementioned 439 percent advance. While momentum has cooled since that high, the oscillator never broke down into oversold territory, suggesting, in classical technical parlance, that DOGE has been basing rather than topping. Sceptics will note that the same wedge has twice rejected advances below $0.50, and that the memecoin still lives below every major high-time-frame supply shelf until $0.76. Yet the chart’s geometry leaves room for a rapid repricing should buyers clear the $0.27–0.34 resistance cluster: the “empty air” between the 0.702 and 0.888 fibs coincides with the steepest part of the wedge. Related Reading: Dogecoin Doomed To Chop? Analyst Sees $0.90–$1.50 Top—But Not Anytime Soon For now, traders have a textbook trigger to watch – the internal magenta down-trend that DOGE has just tested from above. A decisive weekly close above that line, coupled with rising volume, would formally confirm the breakout scenario. Failure to hold $0.20 would invalidate the fractal and shift focus back to wedge support, currently near $0.17. Whether history will repeat with the precision that the fractal projects remains to be seen, but the structural logic on the chart is clear: so long as Dogecoin respects its four-year rising base, the path of least resistance continues to tilt higher – and the upper edge of that structure terminates at $1.60. The coming weeks should reveal whether the meme-asset can turn that technical aspiration into market reality. At press time, DOGE traded at $0.22. Featured image created with DALL.E, chart from TradingView.com

An analyst has pointed out how Dogecoin has entered into a zone that kicked off major bull runs for the memecoin in the past. Dogecoin Is Trading Near Lower Level Of Historical Ascending Channel In a new post on X, analyst Ali Martinez has talked about how the weekly Dogecoin price has entered into a historically important buy zone. Below is the chart shared by Martinez, showing this trend. As is visible in the graph, the Dogecoin weekly price has roughly followed an Ascending Channel over the past decade. The “Ascending Channel” here refers to a technical analysis (TA) pattern that forms when an asset trades between two parallel trendlines angled upward. Related Reading: Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat? The upper line of the pattern tracks successive higher highs in the price, while the lower one connects higher lows. The former is considered to be a source of resistance and the latter that of support. Though, while this may be so, Dogecoin has dipped under the lower line of its long-term Ascending Channel a few times over the years, with the latest instance coming this year. That said, in each of these occurrences, the asset found support at a trendline a bit below the Ascending Channel’s lower level. The analyst has described the shaded area between the two lines as a “historically strong buy zone.” From the chart, it’s apparent that multiple major bull runs in DOGE found their start after the price retested this zone. At present, the token is trading inside the area, with recent attempts to re-enter the Ascending Channel ending up in failure. It now remains to be seen whether a breakout into the channel would follow for Dogecoin and potentially kick off another rally, or if this cycle would break the pattern. Related Reading: Dogecoin Whales Buy The Dip: $1 Billion DOGE Added The Ascending Channel is just one type of pattern with parallel trendlines that exists in TA. When the asset’s consolidation occurs toward the downside instead, the formation is known as a Descending Channel. As pointed out by Martinez in another X post, another memecoin, Pudgy Penguins (PENGU), has broken out of such a channel recently. As displayed in the above chart, the 1-hour price of Pudgy Penguins was sliding down inside the Descending Channel during the last two weeks, but it has just found a surge above its resistance line. “PENGU targets $0.041 after breaking out of a descending channel!” says the analyst. DOGE Price At the time of writing, Dogecoin is trading around $0.21, up almost 4% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com

Dogecoin started a fresh increase from the $0.1950 zone against the US Dollar. DOGE is now consolidating and might aim for more gains above $0.2250. DOGE price started a fresh increase above the $0.2120 level. The price is trading above the $0.2150 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.2150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.2250 and $0.2350 resistance levels. Dogecoin Price Regains Traction Dogecoin price started a fresh increase above the $0.2020 resistance zone, like Bitcoin and Ethereum. DOGE was able to clear the $0.2120 and $0.2150 resistance levels. There was a clear move above the $0.220 level. Finally, the price tested $0.2250. A high is formed at $0.224 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1956 swing low to the $0.2243 high. Dogecoin price is now trading above the $0.220 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.2150 on the hourly chart of the DOGE/USD. Immediate resistance on the upside is near the $0.2250 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2650 level. The next major stop for the bulls might be $0.2780. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2250 level, it could start a fresh decline. Initial support on the downside is near the $0.2175 level. The next major support is near the $0.2150 level. The main support sits at $0.210 or the 50% Fib retracement level of the upward move from the $0.1956 swing low to the $0.2243 high. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.2050 level or even $0.2020 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2175 and $0.2150. Major Resistance Levels – $0.2250 and $0.2320.

Dogecoin has now entered the longest period below its all-time high in its history—over 1,550 days and counting—with crypto analyst VisionPulsed warning that while a breakout may eventually come, the asset remains locked in what he calls a “bearish forever” pattern. In his August 6 video update, VisionPulsed provided a sobering macro-to-micro analysis of Dogecoin’s price action, underscoring the asset’s historic underperformance compared to other large-cap cryptocurrencies. “We’re now setting a Guinness World Record for most days below the all-time high for Dogecoin,” he remarked. “First cycle was 1,200 days, second cycle was 1,126. Right now, we are at a staggering 1,550-plus days.” That milestone, he argued, is not just symbolic—it reflects deep structural weakness in DOGE’s market cycle. And despite growing chatter in the macro space about a potential liquidity-driven reversal, he’s not yet convinced that Dogecoin is ready to respond. A central theme of the analysis is the Global M2 money supply, which VisionPulsed has tracked for months as a leading macro indicator for crypto risk appetite. While he acknowledges that the M2 bottomed in June, he emphasizes that this alone hasn’t historically triggered immediate upside for Dogecoin. Related Reading: Dogecoin Whales Buy The Dip: $1 Billion DOGE Added “The Global M2 has put in a bottom… but Dogecoin did not move higher until the M2 shot up. And we don’t have that yet,” he explained. “Could we still be bearish? Technically yes… because it’s always bearish forever and ever.” Ethereum, by contrast, is described by the analyst as “much more sensitive to the M2,” and has begun showing signs of recovery. This divergence, in his view, reinforces the idea that DOGE may continue to consolidate or retrace further before making a meaningful move. Dogecoin Chop Before Pop? VisionPulsed suggests that Dogecoin is likely forming a choppy consolidation structure, similar to prior phases that eventually resolved to the upside. He doesn’t dismiss the possibility of a rally in the near future—particularly if price holds current levels through mid-August—but cautions that the bullish case remains highly conditional. “If Dogecoin can do this exact move [sideways accumulation], then it should turn bullish,” he said, referencing a historical fractal that played out prior to earlier rallies. He draws a parallel between sentiment metrics (such as YouTube view counts) and market behavior, noting that in previous local bottoms, low engagement marked exhaustion in retail capitulation. This time, however, he concedes that the floor may already be forming higher—potentially due to increased market maturity or broader interest in crypto assets. Long-Term Targets: $0.90 To $1.50 While the current tone remains cautious, VisionPulsed outlines a clear set of long-term price targets if and when a macro reversal does take hold. He splits these into two categories: conservative and speculative. “A more conservative estimate… is this lower end here, 90 cents to 1.14,” he said, noting that $0.91+ could begin to mark a top under the right conditions. Related Reading: Dogecoin Just Hit A Prime Risk-Reward Entry, Says Analyst For the more optimistic crowd, the so-called “moonboys,” he still sees room—albeit less likely—for a run toward $1.50 or even $2. “Even I used to say $2,” he added. “I think the highest I could go for a moonboy expectation is right here in this vicinity between $2 to $1.50.” Importantly, he stops short of making any time-bound prediction, reiterating that macro trends, M2 velocity, and broader altcoin sentiment must first align for any of these targets to come into play. As the crypto market heads into the later months of the year, VisionPulsed points out that historical cycles have often accelerated around this phase, with several final rallies initiating in the August–September window. “The further and closer we get to the end of the year, it has to start moving faster… At least in recent history, when we’ve gotten to where we are, you’ve gone up for your final rally,” he noted. At press time, DOGE traded at $0.206. Featured image created with DALL.E, chart from TradingView.com

On-chain data shows Dogecoin whales have expanded their holdings recently, a sign that big-money investors are buying the dip. Dogecoin Whales Have Increased Holdings By 1 Billion DOGE In a new post on X, analyst Ali Martinez has talked about the latest trend in the Supply Distribution of the Dogecoin whales. The “Supply Distribution” here refers to an indicator from on-chain analytics firm Santiment that tells us about the total amount of the asset that a given wallet group is holding right now. Related Reading: Binance Inflows A Leading Indicator For Altcoins? Analyst Explains How Addresses or investors are divided into these cohorts based on the number of tokens that they are carrying in their balance. The 1 to 10 coins group, for example, includes all holders owning between 1 and 10 DOGE. In the context of the current topic, the whales are the cohort of interest. These investors are typically defined as holding more than 1 billion DOGE, with there being no upper end to the range. At the current exchange rate, the cutoff for the group converts to almost $200 million. Given the massive size of holdings involved, whales can carry some degree of influence in the market. This can make their on-chain behavior worth keeping an eye on. Now, here is the chart shared by the analyst that shows the trend in the Supply Distribution of Dogecoin whales over the past couple of months: As displayed in the above graph, Dogecoin investors carrying more than 1 billion DOGE saw their Supply Distribution plunge near the end of July, indicating that big-money entities exited from the market. What followed the selling was an extension of bearish price action for the asset. The mood among the whales appears to have turned around in the past day, however, as the indicator’s value has seen a sharp surge instead. “Whales bought over one billion Dogecoin $DOGE in the last 24 hours!” notes Martinez. Given the timing of the buys, it’s possible that these humongous investors believe the current lows to be offering a profitable entry point into the memecoin. It only remains to be seen, though, whether this bet would pay off for the whales. Related Reading: Bitcoin Top Buyers Aren’t Selling: $118,000+ Supply Remains Firm In some other news, memecoin Pepe (PEPE) has also seen a bullish development recently, as the analyst has pointed out in another X post. From the chart, it’s visible that Pepe’s 1-day price has finished a Tom Demark (TD) Sequential setup with nine red candles. Such a pattern is considered to be a buy signal. DOGE Price Following a drop of almost 8% over the past week, Dogecoin has seen its price withdraw under the $0.20 mark. Featured image from Dall-E, Santiment.net, charts from TradingView.com

After crashing in recent weeks, the Dogecoin price may be nearing the end of its bearish cycle as historical chart patterns suggest a renewed bullish setup on multiple timeframes. Despite the downturn, a crypto analyst has indicated that the meme coin, which is hovering around $0.2, could be poised to skyrocket toward a new all-time high of $5.  Dogecoin Price Roadmap To $5 In an X social media post on August 4, renowned market expert ‘CryptoELITES’ painted an ultra-bullish picture for the Dogecoin price. The analyst believes that DOGE could be on track for its next major bullish target, forecasting a powerful rally toward $5. This optimistic outlook comes despite the meme coin crashing over 10% this week and extending its downward trend.  Related Reading: Historical Data Predicts Dogecoin Price Crash In August — But There’s A Silver Lining Based on CryptoELITES’ analysis, Dogecoin could soon end this downward spiral and launch into a fresh upward trend. The analyst’s accompanying chart visualizes a compelling long-term bullish pattern for the meme coin. Over the past few years, Dogecoin has followed a consistent structure of descending triangle formations, each of which resolved in explosive upside breakouts.  Each descending triangle seen on the chart occurred during past bull market cycles. The pattern starts with a sharp rally, followed by a prolonged period of consolidation marked by a series of lower highs and relatively equal lows. Once price compression reaches a tipping point, Dogecoin historically breaks out violently to the upside. This trend has repeated multiple times over the years, with every breakout pushing the meme coin’s price to an even higher level than the last.  According to the latest chart formation, Dogecoin has once again formed a descending triangle, but this time after a consolidation post-2021 bull run highs. The price is now hovering just above the breakout zone, which is historically where previous rallies ignited. CryptoELITES’ has marked this region with a circle, suggesting possible accumulation. If past patterns repeat, Dogecoin could enter a vertical growth phase, potentially targeting the marked area on the chart around $5.14. Dogecoin Short-Term Reversal In Play For Dogecoin’s short-term outlook, crypto market analyst James Bull shared an analysis on X, outlining the meme coin’s immediate bullish target in the wake of its recent crash. Bull notes that Dogecoin is currently hovering around a critical support level at $0.19538. After experiencing a sharp drop from former highs, DOGE has now retraced to this historically strong support zone, which previously acted as a key pivot point. Related Reading: Dogecoin Could See Bullish Continuation If It Reclaims This Level The expert’s analysis suggests a bullish trade setup with a potential long position targeting $0.27144. A clear stop-loss has been placed just below the support zone, creating a potentially favorable risk-reward ratio for traders. If buyers can defend this support level and push the meme coin’s price upward, it could confirm the analyst’s short-term reversal theory and possibly signal the beginning of a larger uptrend. Featured image from iStock, chart from Tradingview.com

Dogecoin started a fresh decline from the $0.2120 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.1940 support. DOGE price started a fresh decline below the $0.2050 level. The price is trading below the $0.20 level and the 100-hourly simple moving average. There is a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.20 and $0.2050 resistance levels. Dogecoin Price Dips Again Dogecoin price started a fresh decline from the $0.2120 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2050 and $0.20 support levels. There was a steady decline below the 50% Fib retracement level of the upward move from the $0.1886 swing low to the $0.2112 high. The bears even pushed the price below the $0.1980 level. There is also a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1980 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.20 level. The first major resistance for the bulls could be near the $0.2050 level. The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward the $0.2250 resistance. Any more gains might send the price toward the $0.2350 level. The next major stop for the bulls might be $0.250. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2050 level, it could start a fresh decline. Initial support on the downside is near the $0.1940 level or the 76.4% Fib retracement level of the upward move from the $0.1886 swing low to the $0.2112 high. The next major support is near the $0.1880 level. The main support sits at $0.1750. If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.1680 level or even $0.1620 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1940 and $0.1880. Major Resistance Levels – $0.2000 and $0.2050.

Despite recent bearish pressure in the crypto market, Dogecoin (DOGE) is showing signs of resilience, holding above the crucial $0.18 support level. After slipping below the $0.20 threshold, DOGE continues to attract bullish speculation, particularly as it approaches a critical RSI level on the 4-hour chart. Related Reading: Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen? Crypto analyst KrissPax highlights that Dogecoin’s RSI is nearing the same level that triggered a 70% rally in June 2025. Back then, DOGE surged from $0.14 to over $0.24 within a month. With the current RSI trajectory aligning closely with past patterns, traders are watching for a similar uptrend, this time potentially pushing DOGE to $0.34, especially with its higher low structure forming. Institutional Accumulation Fuels Dogecoin Optimism Adding fuel to the fire, large Dogecoin whales have accumulated over 1 billion DOGE in just 48 hours, signaling growing confidence among institutional investors. Historically, such accumulation often precedes major price moves. Analysts now speculate that September could see DOGE breaking past key resistance levels at $0.50, with some even eyeing a long-term target of $1 if bullish momentum sustains. Technically, DOGE is also forming a bullish megaphone pattern, which could pave the way for extended upside if confirmed. The coin is also trading within the historical accumulation zone of $0.15–$0.22, a range that previously triggered exponential rallies. DOGE's price moving sideways on the daily chart. Source: DOGEUSD on Tradingview Can Dogecoin (DOGE) Beat Market Expectations in Q3? Though the broader meme coin sector has underperformed this cycle, Dogecoin’s technical setup tells a different story. According to past posts from X analyst Trader Tardigrade, DOGE has already completed two significant bottoms in a classic reversal pattern, with a third forming. If history repeats, this structure could precede another breakout. Additionally, CoinCodex predicts a 16% rise in DOGE price by early September, targeting $0.24. With a neutral sentiment and Fear & Greed Index at 64 (greed), market conditions appear ripe for a rebound. Related Reading: XRP Price To $10,000 Programmed? Insane Prediction Forecasts Supply Shock If DOGE can maintain support above $0.18 and follow through with historical RSI-driven rallies, the meme coin could surprise investors with a strong Q3 performance. Cover image from ChatGPT, DOGEUSD chart from Tradingview

After an impressive run-up back in July, the Dogecoin price as suffered a slowdown, just like the rest of the market. With this, the bears seem to have reclaimed control once again, pushing Dogecoin deeper into loss territory after taking out an important position at $0.2. Nevertheless, the current decline seems to pale in comparison to the bullishness that continues to dominate among investors, with the expectations that this correction will be only temporary. Dogecoin Price Still Showing Signs Of Bullishness According to an analysis shared by crypto analyst KrissPax, the Dogecoin price may be down right now, but it is not out of the game. This is because the meme coin is currently the subject of a bullish formation as it travels down to retest a level that has previously led to a massive price surge in the past. Related Reading: Satoshimeter Shows Where Bitcoin Price Is In This Cycle The crypto analyst pointed out that the Dogecoin price is expected to fall below 30 on the 4-Hour RSI chart again, and historically, such a decline has led to a recovery. The last time that the RSI fell below 30 on the 4-Hour chart was back in June 2025, and what followed was an over 70% recovery in the next month. Using this historical performance, the Dogecoin RSI falling below 30 once again could end up registering a similar performance. The only difference this time around is that the prices are at different levels, which points to a major difference in where the highs of the uptrend will be. Last time the RSI was this low, the price was trading at the $0.14 level. This time around, the analyst explains that Dogecoin sitting at $0.2 means that there is a higher low. The good thing about the formation of higher lows is the fact that they often lead to higher highs. In the event of another 70% increase in price from here, Dogecoin could end up rallying as high as $0.34 before it loses steam. However, this would still put it at more than 50% below its all-time high of $0.74, which was hit back in 2021 and has remained the peak for the meme coin. Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why As for the performance of the altcoin so far this month, after closing the month of July with a 27.1% gain, Dogecoin has already begun to give some of the gains back to the market. Data from CryptoRank shows that the cryptocurrency is already down by 5.31% this month and climbing. This is not out of the ordinary, as the month of August has historically been one of the most bearish months for the Dogecoin price. In fact, if the trend holds, then DOGE investors could be looking at an average of -10% decline this month and a close in the red. Featured image from Dall.E, chart from TradingView.com

The Dogecoin weekly chart is back at a cluster of technical levels that one market watcher says offers a favorable entry. The pseudonymous trader Cantonese Cat (@cantonmeow) posted a TradingView snapshot and wrote, “I bought a little bit more DOGE and Fartcoin last night, but you pretty much knew that. I think it’s great risk-reward here and that I’ll do what I can to buy anyway.” In a follow-up note attached to the same chart, the analyst summarized the setup as a “DOGE Bull market support band back-test. Diagonal bear market trendline breakout and back-test.” Best Dogecoin Buy Signal? The chart, created August 3,, tracks DOGE/USD (Coinbase) on the weekly timeframe and shows price pulling into the Bull Market Support Band—an envelope indicator plotted as two lines—now marked around $0.19025–$0.20703. At the time of the screenshot, the weekly candle displayed O: $0.24076, H: $0.24860, L: $0.18855, C: $0.19945, reflecting a drop of roughly 17.15% on the week with hours left in the session. The drawdown follows a sharp two-week advance that pushed Dogecoin into the upper $0.20s before sellers faded the move. Technically, the image highlights two elements beyond the support band. First is a descending trendline drawn across lower weekly highs, which price moved above on July 16 and is now testing from the topside. Second is the confluence between that trendline and the bull market support band, a zone that trend followers often watch to judge whether a breakout is holding or failing. Related Reading: Historical Data Predicts Dogecoin Price Crash In August — But There’s A Silver Lining The analyst’s post frames the current retreat as a “back-test” of both features rather than a breakdown, implying that demand near the band could keep bulls in control if the level continues to act as support. While the post is explicitly bullish, the evidence presented is descriptive rather than predictive. However, the weekly candle has closed above the crucial area. So, the configuration is clear: after piercing a long-running diagonal barrier, DOGE is revisiting the $0.19–$0.21 area, where the support band is aligned with the former downtrend line. Related Reading: If Dogecoin Loses This Level, Expect A Major Crash: Analyst Warns Traders who subscribe to momentum-and-trend methodologies often evaluate such retests for confirmation—looking for stabilization, shrinking downside momentum, or a swift recovery back above the midline of the band. Cantonese Cat’s message distills that view into a simple risk stance. By stating “I think it’s great risk-reward here,” the commentator is signaling that, in his opinion, the nearby technical levels define risk tightly relative to potential upside should the breakout sustain. As always, that is one analyst’s interpretation of the chart at a specific moment in time; Dogecoin remains volatile, and this week will be pivotal for bulls attempting to confirm the momentum, but the risk-reward ratio seems quite good. At press time, DOGE traded at $0.199. Featured image created with DALL.E, chart from TradingView.com

The month of August has historically been very bearish for the Dogecoin price, and with the new month rolling in already, expectations are that the meme coin will follow this established trend. If this holds, then the downtrend that has already plagued Dogecoin at the end of July could only be the beginning, and the meme coin could end up falling into double-digit losses from here. August Could Turn Red For Dogecoin When looking at past performances of the Dogecoin price over the last 11 years, it is no surprise that investors tend to move cautiously during the month of August. So far, a total of 7 out of 11 years have closed in the red, leaving only four years of green closes so far. This performance pushed the median returns to -9.98% with an average of -0.79%, as shown by data on CryptoRank. Related Reading: Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means While this average is low, looking at the years when August has closed in the red shows a high loss rate. For example, the last three years have seen the Dogecoin price close out at an average of -10%. August 2020 was just coming off the back of the bull market, and eventually fell 9.98%, signaling the end of the bull run. The next year, August 2023, saw even worse headwinds, and the Dogecoin price crashed 17.9% before the month was over. Then in August 2024, another 16.9% crash rocked the meme coin, leading to three consecutive years of red closes so far. Post-Halving Trend Could Save DOGE Price Amid the bearishness of August, there has been one deviation that has held over the years, and that is the altcoin’s performance following a halving year. The month of August following each Bitcoin halving year so far has been incredibly bullish, returning more than 20% gains in the month. Related Reading: XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter This was the case for 2017 after the 2016 halving year, when the Dogecoin price rallied 20% in the month of August. Then again, in 2021, following the 2020 Bitcoin halving year, the Dogecoin price would go on to rally 34.2%, suggesting that this year could go in the same direction, since 2024 was a Bitcoin halving year. However, in both 2017 and 2021, the month of July had closed deep in the red before the August rally. But in 2025, the month of July has already seen an over 35% rally in the Dogecoin price, marking a significant deviation from the trend. Given this, it is possible that Dogecoin does not follow the post-halving trend. However, sentiment in the crypto market is still very bullish at this level and could drive prices higher. If Ethereum does continue to rally and trigger an altcoin season, then Dogecoin will undoubtedly lead the start of the meme coin rally as the leader in the space. Featured image from Dall.E, chart from TradingView.com

A widely followed chartist says Dogecoin’s latest rally has run into textbook resistance and the memecoin now sits on a make-or-break support band that will determine whether momentum resumes or unwinds. Crypto analyst Kevin (@Kev_Capital_TA) published a daily chart on X on July 31, 2025, showing DOGE pulling back to roughly the $0.22 area after a rejection beneath $0.28. Dogecoin Must Hold This Key Zone “Dogecoin holders as you can see DOGE came up to the macro golden pocket at the major resistance of .26-.28 cents and saw a rejection similar to the rest of the altcoins market after a really nice move,” he wrote, adding that price is “retesting the big support zone you want to hold… .213-.189 is all of your major daily MA’s, weekly bull market support band and the 0.5 FIB. Hold that zone and all is well Doge will end up bouncing higher. Fail it then your going back down into the shadow realm at the .14-.12 cents level.” Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? The accompanying chart—set to the one-day timeframe—depicts DOGE’s advance into the $0.26–$0.28 “macro golden pocket,” a term traders typically use for the 61.8%–65% Fibonacci retracement cluster that often caps counter-trend moves. Kevin’s map highlights how the rejection there coincides with a dense shelf of historical supply and a clearly defined horizontal resistance band dating back to prior distribution. The subsequent slide has brought DOGE back into a breadth of confluent supports: a cluster of key daily moving averages, the analyst’s “weekly bull market support band,” and the 50% retracement of the prior swing, all stacked between $0.213 and $0.189. Confluence of this kind—multiple widely watched signals occupying the same price zone—often becomes a battleground; a decisive defense can restore trend structure, while a breach can accelerate liquidations. Community responses pressed the analyst on consistency and risk framing. One user, @SmRatul1994, challenged the shift in tone: “You just said Doge was very well positioned a couple weeks ago. Now you’re saying the opposite which things change so quickly?” Kevin replied that his guidance has been contextual and level-driven rather than directional at all costs. “I remember telling people to take profits at .40+ cents in December a buy at .14 cents twice this year both of which produced 70+% gains and I also remember telling people to take profits at the highs both times. Don’t cry in the casino buddy. I have been saying BTC and the Altcoin market was at major resistance for over a week now,” he said. Related Reading: Dogecoin Just Flashed A Rare Weekly Bullish Signal — This Analyst Is Buying Another commenter, @anthonyzamanz, noted the market’s correlation to Bitcoin—“Also all depend where Bitcoin will go…”—to which Kevin answered, “yes sir,” underscoring the top-down dependency altcoins retain on BTC’s path. When a separate user quipped, “To summarize, dogecoin will go up, if not it will go down,” Kevin distilled the thesis back to the levels: “Hold those levels and go up if not go down. You almost had it.” In practical terms, the roadmap laid out is binary and technical. A sustained bid inside $0.213–$0.189 would argue for continuation, potentially setting up another attempt at the $0.26–$0.28 range that capped the recent push. Losing that band on convincing volume and closing structure would, in Kevin’s words, open the “shadow realm” below, with $0.14–$0.12 flagged as the next major demand pocket. For now, the chart places DOGE squarely at confluence, with bulls tasked to convert the moving-average cluster and mid-range Fibonacci support into a durable base before any serious discussion of upside resumes. As ever in altcoin cycles, the analyst and several respondents emphasized that Bitcoin’s behavior will likely arbitrate the outcome. At press time, DOGE traded at $0.205. Featured image created with DALL.E, chart from TradingView.com

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

Dogecoin is showing signs of recovery, trading around $0.22 with a 31% gain over the past month. As it approaches a key trendline resistance, speculations are whether momentum can carry DOGE higher or if fading strength will lead to another pullback. Signs Of A Bottom: DOGE Prepares For Potential Uptrend Continuation Giving a key update on the DOGE daily chart, Master Kenobi pointed out early signs that Dogecoin may have established a bottom, potentially setting the stage for a continuation of its upward trend. Recent price action suggests that bullish momentum is building; however, follow-through is now crucial for confirmation. Related Reading: Dogecoin Unlock To Put $22.9M Worth Of Tokens Into Circulation For this bullish continuation to take hold, Kenobi emphasized that DOGE must make a decisive move above the yellow trendline within the next 1–3 days. Such a move would be essential to push the Relative Strength Index (RSI) back above its moving average, a signal that could help reignite bullish sentiment and strengthen the ongoing uptrend. However, if Dogecoin fails to break above the yellow trendline within that short window, the risk of a pullback increases. Kenobi warned that in such a scenario, the price may slide back toward the red trendline, which marks the base of the ascending channel and could be retested by early September. This technical setup places Dogecoin at a crucial juncture, with the coming days likely to determine its short-term trajectory. A successful breakout would validate the bottom and support a continuation of the rally, while a failed breakout may cause DOGE to retrace lower before attempting another leg up. Dogecoin Holds Steady At $0.22 After 31% Monthly Gain In a post on X, cexscan provided an update on Dogecoin’s current market performance, noting that the meme coin is trading around $0.22 and showing a modest upward trend in recent days. This recovery has sparked renewed interest among traders, particularly as short-term momentum appears to be gaining strength. Related Reading: Dogecoin Retests Crucial Support Following 8.6% Drop – Here Are The Levels To Watch Over the past 30 days, Dogecoin has recorded a solid gain of 31.84%, reflecting a notable rebound from previous lows. However, the broader picture remains mixed, as year-to-date performance is still down by 31.04%, highlighting the lingering impact of earlier sell-offs. Cexscan also observed that trading volume has been moderate overall, but a recent spike indicates growing market engagement. This increase in volume could support further price movement if sustained, especially if buyers continue to step in during key moments. Despite these positive signs, Cexscan urged caution, pointing out that some downward pressure still lingers in the market. While indicators suggest the potential for continued gains, Dogecoin will need to maintain momentum and avoid sharp pullbacks to confirm a lasting trend reversal. Featured image from iStock, chart from Tradingview.com

A closely watched chartist on X, Cantonese Cat (@cantonmeow), says he added to his Dogecoin exposure after a key Ichimoku signal appeared on the weekly chart. Posting at 2:46 p.m. on July 30, 2025, he shared a TradingView snapshot and wrote: “DOGE weekly — Ichimoku cloud — Bullish Tenkan–Kijun cross — Finding support at the Tenkan (blue line).” He followed with a straightforward disclosure: “I bought a little bit more $DOGE here.” This Dogecoin Ichimoku Signal Can’t Be Ignored The chart he published was captured at 12:46 UTC on July 30 and showed Dogecoin (weekly timeframe) trading near $0.216 after a week-to-date decline of 10.23%. TradingView’s readout on the image lists weekly O/H/L/C at 0.24076 / 0.24854 / 0.21440 / 0.21613, alongside Ichimoku values Tenkan-sen 0.21517, Kijun-sen 0.21142, Senkou Span A 0.21329, and Senkou Span B 0.28247. The thrust of the analyst’s call rests on classic Ichimoku mechanics. The Tenkan-sen (conversion line) has crossed above the Kijun-sen (base line) on the weekly chart—an event technicians describe as a bullish Tenkan–Kijun cross. In the posted image, spot price sits marginally above the Tenkan and Kijun, consistent with his comment that price is “finding support at the Tenkan.” Related Reading: Dogecoin Unlock To Put $22.9M Worth Of Tokens Into Circulation In Ichimoku methodology, the Tenkan often acts as a fast-moving gauge of momentum and, when rising above the slower Kijun, can mark the start of a momentum-led trend attempt. On higher timeframes such as the weekly, participants typically treat those inflections as more consequential than on intraday charts. That said, the same screenshot shows DOGE trading beneath the weekly cloud (Kumo) projected ahead, with Senkou Span B up near the $0.28 area. In textbook terms, signals that occur below the cloud are generally categorized as weaker than signals that occur above it, even when the Tenkan–Kijun cross is bullish. The image also captures the context of the move: after a forceful green candle in mid-July, two red weekly candles followed, leaving price clustered around the Tenkan/Kijun zone. Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors Pressed for a status check a day later, the analyst reiterated that the technical picture had not broken down: “DOGE holding weekly Ichimoku Tenkan and Kijun support so far,” he wrote on July 31. That comment underscores how Ichimoku practitioners often judge trend health by whether price can close above the Kijun on the chosen timeframe and continue to respect the Tenkan on pullbacks. For now, the story is a straightforward one: a bullish Tenkan–Kijun cross on the weekly chart, with price attempting to base at those lines while the cloud overhead still looms as longer-term resistance. As ever with Ichimoku analysis, the coming weekly close relative to the Tenkan and Kijun will be the focal reference for traders tracking whether this early signal can mature into a broader uptrend. At press time, DOGE traded at $0.22. Featured image created with DALL.E, chart from TradingView.com

After a relatively quiet week for altcoins, XRP, Dogecoin, and Shiba Inu received a fresh wave of attention thanks to a major update from Gemini. The US-based crypto exchange announced that it is now officially allowing these three tokens, as well as Bitcoin Cash and Solana, as cross-collateral assets for its derivatives platform.  Major Boost For XRP, Dogecoin, And Shiba Inu Gemini’s decision allows XRP, DOGE, and SHIB holders to use their tokens as collateral for GUSD-settled perpetual contracts, a feature that was previously limited to BTC, ETH, USDT, and Gemini stablecoin GUSD. All five newly supported tokens come with varying collateral “haircuts,” meaning only a portion of their value is counted toward margin requirements. XRP and Solana each have a 15% haircut, while Dogecoin and Shiba Inu face a more severe 30% haircut due to their higher volatility profiles. Related Reading: XRP Price Set To Teleport As Major Financial Players Tap In — Opportunity Window Closing Fast Gemini has made it easier for users to trade derivatives using a broader range of holdings by bringing these newer assets into the fold. This move not only deepens the utility of these cryptocurrencies but also opens up new use cases for traders who want to leverage their holdings in perpetual contracts without converting to stablecoins. It’s a particularly meaningful step for XRP, which has been working to strengthen its institutional appeal and global payments utility. The move is also beneficial for meme coins Dogecoin and Shiba Inu, which are seeing increasing demand outside of the meme coin niche. This expansion also shows a larger trend in crypto derivatives. Many crypto exchanges, especially those in the US, are increasingly opening their doors to altcoins. It is also a drastic turnaround from the state of the crypto market some years back.  For nearly three years, XRP was delisted or unavailable on most US-based trading platforms due to the legal battle between Ripple and the US Securities and Exchange Commission. It wasn’t until July 2023, following Judge Analisa Torres’s partial ruling that XRP was not a security when sold on exchanges, that the token began to make its return to major US platforms, including Gemini. Price Action Trending Downwards At the time of writing, XRP is trading around $3.13, a 1.4% decline from the previous day but still holding within its recent range between $3.06 and $3.18. Dogecoin is trading at $0.2226, with modest intraday movement after failing to sustain its push above $0.23. The king of meme coins is down by 3.2% and 14.2% in the past 24 hours and seven days, respectively.  Related Reading: Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge Shiba Inu, meanwhile, is trading at $0.000013, also down by about 4% in the past 24 hours and over 13% in the past seven days. Nonetheless, many analysts still maintain a bullish long-term outlook for these cryptocurrencies. Forecast models project that Dogecoin could climb to $1 in the current bull cycle, while SHIB is expected to reach at least $0.000045. XRP’s trajectory is even more ambitious among many crypto analysts, with price targets ranging from $9 to $10 if adoption momentum continues and pending US Spot ETF applications finally receive approval from the SEC. Featured image from iStock, chart from Tradingview.com

A large number of token unlocks are expected to hit the altcoin market this week, and Dogecoin is one of those with the most notable unlocks happening this week. With the uncertainty in the market, token unlocks like these could affect the Dogecoin price. However, with deep liquidity, there is a high possibility that the meme coin is able to absorb this massive unlock without much effect. Large Dogecoin Unlock To Hit The Market In an X post, Wu Blockchain reported that there are a number of single token unlocks that are set to go live in the altcoin market over seven days. However, the ones of concern are the linear unlocks that will continue into the first week of August, putting hundreds of millions of dollars into the market. Related Reading: XRP Won’t See Devastating Pullback Because ‘The Train Has Left The Station’ One of the major unlocks shown was for Dogecoin, which is supposed to see approximately 95.5 million DOGE tokens added to its supply. Going by the current supply, this would be an additional 0.06% added to the circulating supply. At the current market price, this would be around $22.9 million worth of tokens being added. Naturally, token unlocks can impact the price of a digital asset, and Dogecoin is no different. However, looking at the daily trading volume of the cryptocurrency, which is in the billions of dollars, as well as the deep liquidity across major crypto exchanges, it is likely that the DOGE market will absorb this new supply without much fuss. Additionally, not all of the 95 million tokens will be sent into circulation at once. Given that it’s a linear unlock, meaning the coins will be released into circulation in smaller batches, it is much easier for the market to absorb the supply without any negative impact to the Dogecoin price. Other Tokens Being Unlocked While the Dogecoin token unlock is significant, it is not the largest token unlock expected to happen this week. The crown goes to Solana, which is expected to see 465,770 tokens unlocked. This stash is worth a staggering $87 million and translates to 0.09% of the total supply. Related Reading: The Days Of Parabolic Bitcoin Bull Runs Are Over: Analyst Reveals How BTC Will Reach $1,000,000 Next on the list is the TRUMP token at 4.89 million tokens worth $50.13 million. This accounts for 1.67% of the total supply. Then, it is followed by Worldcoin (WLD), with an expected 37.23 million tokens to be unlocked, worth $44.67 million, and translates to 2.16% of the total supply. Other major unlocks include TAO with 50,400 tokens worth $21.49 million. There’s also Avalanche (AVAX) with 700,000 tokens worth $18.07 million, and Celestia (TIA) with 6.96 million tokens worth $14.20 million. Featured image from Dall.E, chart from TradingView.com

Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support. DOGE price started a fresh decline below the $0.2350 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.2280 and $0.2350 resistance levels. Dogecoin Price Eyes Recovery Wave Dogecoin price started a fresh decline from the $0.250 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2350 and $0.2320 support levels. The decline gained pace below the $0.2300 level. A low was formed at $0.2225 and the price is now consolidating losses. There is also a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2280 level and the 23.6% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The first major resistance for the bulls could be near the $0.2350 level or the 50% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2550 level. The next major stop for the bulls might be $0.2650. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2280 level, it could start a downside correction. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2120 level. The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.1980 level or even $0.1920 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2220 and $0.2120. Major Resistance Levels – $0.2280 and $0.2350.

Crypto analyst TradingShot has revealed that the Dogecoin price has entered a bullish pattern, which could spark a parabolic rally to $1.5. Interestingly, the analyst also raised the possibility of the foremost meme coin reaching double digits.  Dogecoin Price Eyes $1.5 With Bullish Livermore Cylinder Pattern In a TradingView post, TradingShot revealed that the Dogecoin price is inside a Livermore’s Cylinder, which suggests that the meme coin could soon rally to as high as $1.5. The analyst noted that DOGE has been trading within a bullish megaphone for the majority of its Bull Cycle since the October 9, 2023, low. Related Reading: Dogecoin Breaks Out Of 4-Year Bearish Streak With 65% Rally In line with this, TradingShot declared that this may technically have been so far one massive accumulation phase along with the rest of the altcoin market. This is where the Livermore Accumulation Cylinder comes in, as it draws comparisons with the Megaphone pattern. Based on this Livermore model, the analyst stated that the Dogecoin price is starting the aggressive breakout phase above the Cylinder.  With the accumulation technically over, TradingShot predicts that the Dogecoin price may pursue levels 8 and 9, which give price targets of $1.50 and $12, respectively. These price levels will mark new all-time highs (ATH) for DOGE, with its current ATH at around $0.73. The analyst’s accompanying chart showed that the meme coin could reach this $1.5 target between now and year-end.  Meanwhile, the Dogecoin price could reach $12 by July next year. In line with this, TradingShot admitted that the $12 target is not expected to happen in this current Bull Cycle, which he predicts would end in the next six months or thereabout. However, he added that the $1.50 target is well within reach in this cycle and exactly double the price of the previous cycle high. Therefore, the analyst declared that this target is a “very attractive top candidate.” Bullish Engulfing Candle About To Form For DOGE In an X post, crypto analyst Trader Tardigrade stated that the DOGE monthly candle will close in just one week and that a Bullish Engulfing Candle is likely to be established. In line with this, he declared that a big moment is coming for the Dogecoin price. His accompanying chart showed that the meme coin could reach as high as $7.5 on this run. Related Reading: Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst In another analysis, he declared that a rally to $1 is incoming for the Dogecoin price, echoing TradingShot’s prediction. His accompanying chart showed that the foremost meme coin could reach this psychological level between now and September.  At the time of writing, the Dogecoin price is trading at around $0.22, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Dogecoin could be approaching a structural breakout that carries it to the long-discussed $1 threshold, according to crypto analyst Stephan Burns, who in a July 24 livestream described a “perfect storm” of monetary design, market structure and what he characterizes as rare astrological alignments. Burns framed the move as an “inevitability,” while acknowledging timing uncertainty, arguing that the next parabolic advance could emerge within months. Is $1 Dogecoin Inevitable? Burns built his case first on tokenomics. Dogecoin’s fixed issuance of 10,000 DOGE per one-minute block—approximately 5.2 billion DOGE annually—translates today into an inflation rate of roughly 3.3% against a circulating supply he placed at 150 billion. With that supply base, he said, the network simultaneously sustains miner incentives, gradually replaces lost coins and avoids the periodic “supply shocks” embedded in Bitcoin’s quadrennial halving schedule. “It’s beautiful because of this inflation rate,” he said, calling Dogecoin “better as a currency than Bitcoin” precisely because of its predictability. By contrast, he argued, Bitcoin’s declining issuance—on track to fall below half a percent after the 2028 halving—forces a future reliance on transaction fees. “Eventually Bitcoin will be completely mined… the network has to be maintained by transaction fees. That’s probably not enough to incentivize miners at the end of the day,” Burns claims. Related Reading: Dogecoin Retests Crucial Support Following 8.6% Drop – Here Are The Levels To Watch He also asserted that Dogecoin’s governance surface is harder to co-opt than Bitcoin’s as large institutional and governmental actors accumulate BTC exposure. In his view, Dogecoin remains “the people’s currency,” with economic dilution limited by social and technical difficulty of altering code. The flat nominal issuance, he added, produces a declining percentage inflation rate over time without rendering the asset strictly deflationary or, in his words, vulnerable to miner attrition. Beyond economics, Burns devoted extensive time to what he calls “crypto astrology,” arguing that Dogecoin’s natal chart—anchored to its genesis block—now sits under exceptionally favorable transits. He highlighted Pluto’s conjunction with Dogecoin’s natal Moon, describing it as “a once in a roughly 250-year transit,” and an impending Jupiter return with the planet “exalted” near the project’s midheaven point. These, he claimed, historically correspond to phases of visibility, capital inflow and wealth symbolism. “Dogecoin is being activated… more than any other cryptocurrency this year,” he said, labeling the configuration a catalyst for renewed global attention. Burns linked those internal transits to a broader macro cycle, citing the approaching Saturn–Neptune conjunction at the first degrees of Aries in early 2026, which he associated—through earlier historical recurrences—with milestones such as the emergence of coinage and trade networks. Related Reading: Dogecoin Rally On Thin Ice: Analyst Predicts Sudden Shakeout In his view, that backdrop reinforces the plausibility of another speculative wave. A logarithmic review of Dogecoin’s price history, he said, shows three prior “parabolic” expansions separated by lengthening consolidation phases; the current basing structure, including what he described as an ascending W-pattern supported by long-term moving averages, could precede a fourth. “Just based off of that it looks like we may be due for another one of these parabolic moves up in the next few months,” he said, while conceding that “just because I think it doesn’t mean it’s going to happen.” He further projected that a Dogecoin exchange-traded fund “will get approved” and place the asset “in the spotlight,” though he did not provide documentation beyond his expectation. Burns also contrasted Dogecoin’s relative resilience on its Bitcoin ratio with altcoins that have reverted to prior ranges, arguing that structural holding above pre-2020 levels supports his thesis. Summarizing his outlook, Burns reiterated what he called the “inevitability of Dogecoin going to $1,” framing that level as the maximal target in his public analysis for the forthcoming cycle. The timing, he implied, hinges on the interplay between tokenomics-driven accumulation and the unfolding of the transits he tracks. “I do think it’s going to moon,” he concluded. At press time, DOGE traded at $0.23. Featured image created with DALL.E, chart from TradingView.com

The cryptocurrency derivatives market has suffered heavy liquidations as altcoins like XRP (XRP) and Dogecoin (DOGE) have plummeted. Crypto Has Seen Almost $1 Billion In Liquidations During The Past Day According to data from CoinGlass, the cryptocurrency derivatives sector has been shaken up by a wave of liquidations in the last 24 hours. “Liquidation” here refers to the forceful closure that any open contract undergoes when its losses exceed a certain percentage (as defined by the platform). Related Reading: When Will Ethereum Turn Overheated? Report Says Watch This Level Below is a table that breaks down the numbers related to the latest liquidations in the digital assets market: As displayed, the cryptocurrency sector has seen a whopping $967 million in derivatives contract liquidations over the past day. Out of these, an overwhelming majority of the positions involved were long ones. More specifically, users betting on a bullish outcome took a beating of around $829 million. These mass liquidations have come as assets across the market have witnessed some degree of bearish price action. The likes of XRP and Dogecoin are currently down about 10%. Interestingly, Bitcoin (BTC) hasn’t been affected by this latest sector-wide downturn, suggesting that the decline could be a result of investors rotating capital out of altcoins. Given BTC’s relatively flat action, it’s not surprising to see that the number one cryptocurrency hasn’t been leading in liquidations this time around. From the above heatmap, it’s visible that Ethereum (ETH) has topped the market with a derivatives flush of almost $200 million, while XRP has come second with liquidations of $115 million. Despite the fact that Bitcoin hasn’t actually moved much in the past day, users have still managed to rake up $84 million in liquidations. Solana (SOL) and Dogecoin wrap up the top 5 with figures sitting at $58 million and $56 million, respectively. The mass liquidation event from the past day may be a product of overheated conditions that had already been brewing in the sector. As on-chain analytics firm Glassnode has revealed in its latest weekly report, the Open Interest across the top altcoins has seen a significant increase since the start of July. The “Open Interest” here refers to an indicator that keeps track of the total amount of futures positions related to an asset that are currently open on all centralized exchanges. As shown in the chart, the metric’s combined value for Ethereum, Solana, XRP, and Dogecoin sat at $26 billion at the start of the month, but it has now grown to $44 billion. Related Reading: XRP Whales Move $759M In Token: What Are They Up To? Historically, an excess of leverage has often led to volatility for the market, so the latest squeeze could just be this effect in motion. XRP Price At the time of writing, XRP is floating around $3.17, down 4% in the last week. Featured image from Dall-E, Glassnode.com, CoinGlass.com, chart from TradingView.com

Dogecoin (DOGE) has retraced alongside the rest of the market to retest a crucial level as support. Some analysts suggest that holding its current price range would set the stage for reclaiming the next key area. Related Reading: PENGU Leads Top Memecoin List Amid 20% Daily Surge – What’s Behind The Rally? Dogecoin Retests Breakout Levels On Wednesday, Dogecoin momentum saw a momentary pause as Bitcoin and most of the market’s rally slowed down. The leading memecoin has recorded a massive run over the past week, increasing over 25% in the last seven days. At the start of the month, DOGE recovered from the June pullback and climbed to the $0.20 level for the first time since May. After reclaiming this crucial level mid-July, the cryptocurrency consolidated around this area, building a base before resuming its bullish run last Wednesday. Over the weekend, Dogecoin broke out of the $0.23-$0.24 resistance, soaring past the May highs to hit the $0.28 area on Monday. The token near this level on Tuesday, hovering between the $0.26-$0.27 price range. However, today’s pullback saw the memecoin drop approximately 9% in the daily timeframe and retest its breakout level around the $0.23 mark. Despite the correction, crypto analyst Kaleo affirmed that “If you’re not stacking Dogecoin on the retest of this breakout, you’re wrong.” The analyst highlighted that the token is repeating its Q4 2024 performance, when it retested its breakout level as support before starting the explosive rise to its multi-year high of $0.48. Amid the retracement, Ali Martinez also asserted that DOGE is retesting the neckline of its double bottom pattern, situated around the $0.25 mark. To the analyst, “This is a key support zone that could offer a solid entry point before the next leg up.” Notably, he previously suggested that as long as the token holds this area as support, a rally toward the $0.33-$0.40 is likely, adding that the next major resistance barrier is at $0.36. DOGE Weekly And Monthly To Determine Next Move Rekt Capital noted that Dogecoin has successfully retested its multi-year technical uptrend as support, which enabled its rally to the upside. He explained that price is currently “pressing beyond its pre-halving highs,” around the $0.22 level. A monthly close above this area would position Dogecoin price for a post-breakout retest of this level as support in August. The analyst highlighted that DOGE’s Pre-Bitcoin halving levels are confluent with the neckline of the double bottom pattern recorded in the Weekly chart. Rekt Capital explained that “any dips on the Weekly timeframe into the ~$0.22 region would figure a post-breakout retest attempt of the Double Bottom to fully confirm a breakout, whereas on the Monthly any dips would figure as a key technical milestone to finally turn Pre-Halving highs into new support.” Related Reading: Ethereum Price On The Verge: Banks And State Buy To Push ETH Above $5,500? Nonetheless, Dogecoin’s re-challenge of the $0.27 resistance depends on the success of the ongoing retests, as it would signal that this area is weakening as a rejection point and making a reclaim more likely during the next attempt. As of this writing, Dogecoin is trading at $0.24, a 54% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

The Dogecoin price is on a fresh bullish path after surging past $0.26 over the weekend, igniting a new wave of optimism across the cryptocurrency market. As the meme coin regains momentum, one analyst is calling for a massive 2,600% surge that could take Dogecoin to a $1 trillion market cap and $6 price target this cycle.  Analyst Sees Dogecoin Price Hitting $6.9 Soon Dogecoin has once again captured market attention with a powerful weekend rally that saw its price breaking above the $0.26 mark. This explosive movement came as renewed enthusiasm for the meme coin swept through the crypto market, bringing fresh momentum ahead of a possible breakout. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle In an X social media post on July 17, just days ahead of the weekend, crypto analyst Kaleo predicted that Dogecoin is setting the stage for an almost 2,600% surge in this cycle. The analyst has also set a bullish target of $6.942 for Dogecoin, a massive leap from its current price of $0.27. Adding to the hype, Kaleo believes DOGE could eventually reach a $1 trillion market capitalization, marking an increase of over 2,350% from its current valuation of $40.8 billion. While his projections appear ambitious, they tap into the broader narrative that meme coins have transcended their joke origins to become digital assets with real value and utility.  Throughout the bear market, Dogecoin has maintained a loyal following and consistent visibility, outlasting numerous tokens that faded into irrelevance. This sustained presence, combined with its cultural impact and bullish historical performance, has reinforced the idea that, despite its speculative nature, meme coins hold real and lasting value in the digital asset market.   Although Kaleo’s ultra-bullish projection for the Dogecoin price and market cap this cycle has been met with varying degrees of skepticism and uncertainty, the market expert remains confident in his outlook. When a community member described his forecast as “a bit excessive,” Kaleo firmly responded that it was “not at all”. Dogecoin Set To Plummet Before Next Target In other news, crypto analyst Trader Tardigrade announced that Dogecoin appears to be following a classic bullish reversal pattern, as it completes a textbook Double Bottom formation on the daily chart. The meme coin broke out above the neckline resistance near $0.25, confirming the bullish structure that has apparently been developing since February.  According to the expert, this breakout aligns with earlier predictions, particularly as the pattern began to take clearer shape during the June and July rallies. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? As with Double Bottom patterns, Trader Tardigrade predicts that a temporary decline to the neckline, serving as the new support, is highly likely. If this scenario unfolds as stated, Dogecoin is then forecasted to surge to its next short-term target of $0.476, representing a more than 76% increase from current levels. Featured image from iStock, chart from Tradingview.com

Dogecoin begins the new trading week in an unusually precarious spot on its higher‑time‑frame chart: technically triumphant, yet visibly stretched. A cluster of weekly studies shared by pseudonymous market technician Cantonese Cat shows the meme‑coin pressing into resistance after an abrupt two‑week rally that added roughly 80 percent from the June lows. The analyst cautions that the move, though structurally bullish, may require a brief pullback to consolidate before further gains. Dogecoin Overextended? On the logarithmic Fibonacci retracement drawn across the 2024–25 range, last week’s candle managed to close marginally above the 0.618 level at $0.262 — a zone that has capped every breakout attempt since January. The close was technically significant: in classical market geometry, recapturing the 61.8 percent retrace often signals a transition from recovery to trend expansion. Related Reading: Dogecoin Erupts Past $0.23—Analyst Predicts Next Price Targets “It broke above the 0.618 log fib which can use a bullish back‑test,” Cantonese Cat observed, adding that a return to that same area “would flush back down to back‑test” the double‑bottom that formed around $0.15 earlier in the quarter. The Bollinger‑Band panel underscores the risk of near‑term mean‑reversion. Dogecoin’s weekly close at $0.267 is the first in eleven months to settle outside the upper band, which currently sits near $0.262. Such closes are rare on a high‑time‑frame chart and are typically followed by at least one candle that re‑enters the bands. “It’s above the Bollinger band,” the analyst notes. Historically, Dogecoin has struggled to maintain altitude when that spread becomes extreme, often retreating to the middle band — now near $0.19 — or, in stronger cycles, to the upper band itself on the subsequent week. The Ichimoku snapshot tells a similar story of progress meeting inertia. Price has vaulted both the conversion line (Tenkan‑sen) and the baseline (Kijun‑sen), confirming bullish momentum on those metrics, but remains pinned beneath the underside of the weekly cloud. The Senkō Span B that defines that lower cloud boundary sits around $0.28–$0.29, almost exactly where Dogecoin stalled on the final trading day of last week. Related Reading: Dogecoin Whale Bets $21 Million After $2.14M Profit – What’s Going On? Cantonese Cat labels that area “Ichimoku cloud resistance” and warns that until a decisive close pierces the cloud, the level should be treated as supply. A brief dip, therefore, would allow the Kijun‑sen (roughly $0.23) and the 0.618 Fibonacci level to compress into a confluence that could provide the next higher low. Supporting that idea is the supply‑demand band highlighted in grey on the fourth chart. It spans approximately $0.24 to $0.25 and corresponds to the base of February’s breakdown range. In chart‑pattern terms, the area acts as the neckline of the double‑bottom Cantonese Cat references. A retracement into that former resistance‑turned‑support could satisfy both the Fibonacci back‑test requirement and the Bollinger re‑entry, while leaving the broader reversal structure intact. The analyst sketches exactly that path on the chart: a pullback into the grey zone, followed by a renewed advance toward the mid‑$0.30s. Importantly, none of these observations undermine the longer‑term shift in market structure. The double‑bottom around $0.15 resolved higher in July with a weekly candle that engulfed eleven weeks of prior supply, signalling a change of control from sellers to buyers. The most recent candles, though smaller, have held every gain from that breakout. As the analyst summarizes: “Overall, these are very bullish developments, even if it dips down early this week to reset some technicals.” At press time, DOGE traded at $0.277. Featured image created with DALL.E, chart from TradingView.com

A major Dogecoin whale is making a bold $21.24 million leveraged bet just days after locking in a multi-million-dollar profit. The move, which was revealed by Lookonchain, sparked interest among crypto investors on the social media platform X. This comes as Dogecoin is starting to deviate from its bearish Q3 history with a strong performance in the past seven days. Related Reading: $57 Billion Mistake? Ex‑Ripple Engineer Reveals XRP Investment Blunder Whale Makes High-Stakes On Dogecoin According to on-chain transaction monitor Lookonchain, a crypto whale identified as address 0x6adb recently closed a previous long position on Dogecoin with a tidy $2.14 million profit. According to data from HyperDash, this position was open for 63 hours and was eventually closed on July 18. The entry was spot on, and the position was able to take full advantage of Dogecoin’s push from $0.19 to $0.24 within this time period. However, what makes this trade notable isn’t just the size of the gain but the fact that the whale immediately re-entered the market with even more confidence. A few hours after exiting, the whale opened a new 10x leveraged long position on 84.08 million DOGE, which was worth approximately $21.24 million at the time.  Interestingly, the new long position was timed nearly perfectly again. As noted by Lookonchain, the position quickly moved in the whale’s favor, racking up an unrealized profit of $1.64 million. Whale 0x6adb closed his $DOGE long at the top yesterday, locking in a $2.14M profit. 10 hours ago, he jumped back in — going 10x long on 84.08M $DOGE($21.24M), with an unrealized profit of $1.64M. Smart moves! https://t.co/f3FekXx5yg pic.twitter.com/zc2tYXnLeP — Lookonchain (@lookonchain) July 19, 2025 Dogecoin Enters Q3 With 53% Gain Dogecoin’s strong performance in July has marked a positive start for its price action in Q3 2025. Interestingly, the last time Dogecoin ended Q3 with a positive close was in 2020. Since then, the memecoin has posted Q3 losses for six consecutive years, ranging from 6.9% in 2023 to as high as 18% in 2021.  However, as it stands, data from CryptoRank shows that Dogecoin is now experiencing a 53.6% increase in Q3 2025. At the time of writing, Dogecoin is trading at $0.253, marking a 28% increase from $0.197 just a week ago.  According to CoinGlass data, Dogecoin’s open interest on the derivatives market has crossed over the $4 billion mark for the first time since February. This data shows that there are a large number of active participants and strong interest in Dogecoin, which is a positive outlook for its price action in the new week. The $0.25 price level is now a support zone and Dogecoin could embark on a strong move to $0.30 and beyond in the new week if this floor holds. However, any decisive drop below it will flip sentiment fast.  Related Reading: Whales? No, Newbies: Surge In New BTC Holders Fuels Market Rally—Study For a trader with a 10x long position, even a 10% dip in Dogecoin’s price will push the trade deep into negative territory. The whale’s position could be liquidated or severely impacted if Dogecoin retraces to earlier support levels around $0.22 or lower. Featured image from Unsplash, chart from TradingView

Dogecoin (DOGE) prices surged by over 17% in the past week, in line with a bullish altcoin performance, pushing the total crypto market cap to $4 trillion. The prominent altcoin is now facing major resistance at the $0.25 price level, the result of which bears significant implications for the current positive momentum. Popular market analyst Ali Martinez has weighed in on this situation, highlighting a chart pattern that favours a massive price breakout in the DOGE market. Related Reading: Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst Double Bottom Formation Tips DOGE For 82% Rally In an X post on July 18, Ali Martinez presented a bullish technical analysis of the DOGE daily chart, hinting that the altcoin holds significant potential for a sustained rally in the short term. Martinez’s post shows that DOGE price movement over the six months has carved a textbook double bottom pattern, i.e., a technical setup that typically signals a positive trend reversal. The double bottom pattern is a classic bullish formation, featuring two roughly equal lows separated by a peak, i.e, the neckline in between.  In the chart above, this pattern is noticed with DOGE forming lows near $0.13–$0.15 in April and June, separated by a rally toward $0.25 in May, representing the pattern’s neckline. Notably, the crypto market surge over the last month has pushed DOGE towards $0.24 again, thereby completing the W shape of the double bottom pattern.  However, to validate the bullish potential of this chart pattern, market bulls must hold a decisive breakout above $0.25 resistance, which will typically be interpreted as a strong buy signal, projecting further gains ahead. This is a highly possible scenario as the steep recovery from the June lows shows increasing bullish momentum with buyers stepping in with higher volume, pushing price action upward in a nearly uninterrupted fashion. According to Ali Martinez, a successful clearance of the $0.25 neckline paves DOGE’s way for a rally to $0.42, hinting at a potential 82.3% gain on present market prices. On the other hand, another consecutive rejection around $0.25 price region would dent the current bullish momentum and possibly initiate a return to support levels around the $0.13–$0.15 region. Related Reading: Ethereum Road To $10,000: Replay Of May’s Playbook Predicts Another Breakout DOGE Price Overview At the time of writing, DOGE trades at $0.25 following a 7.84% increase in the past 24 hours. Meanwhile, the asset’s daily trading volume is up by 108.5% suggesting suggesting a surge in market participation and growing bullish momentum, as traders continuously position themselves for a prolonged uptrend. With a market cap of $34.95 billion, DOGE retains its position as the ninth-largest cryptocurrency and largest memecoin in the world. Featured image from Unsplash, chart from Tradingview

Crypto analyst MMBTtrader has predicted that the Dogecoin price could record a 60% rally from its current level. He highlighted an ascending channel that the foremost meme coin needs to break above to witness this massive uptrend.  Dogecoin Price Eyes 60% Rally To $0.4 In a TradingView post, MMBTtrader predicted that the Dogecoin price could rally to as high as $0.4 once it breaks above the ascending channel at around $0.243. He claimed that with good volume, the market will pump nonstop. The analyst is confident that this will happen, declaring that the breakout will be huge and that a 60% rally is a likely target.  Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle MMBTtrader also stated that the market would be extremely bullish if the Dogecoin price should rally to this $0.4 target. He predicted that the $0.75 and $1 price levels will be in sight once DOGE reaches $0.4. A rally to these $0.75 and $1 targets would mark new all-time highs (ATHs) for the leading meme coin.  DOGE has sometimes lagged behind other meme coins. However, the crypto analyst expects the Dogecoin price to pump massively this time and be “a leader of memes for weeks.” The meme coin looks to be already leading the way, standing out as one of the top gainers during the current crypto market rally.   The Dogecoin price has broken above the psychological $0.2 level and looks ready to reach new highs in the coming weeks, with a break above the $0.42 level, MMBTtrader highlighted. Fundamentals, such as the potential launch of Dogecoin ETFs, could serve as a tailwind for higher prices. Bloomberg analysts James Seyffart and Eric Balchunas predict there is a 90% chance the SEC will approve these funds this year.  Only A Matter Of Time For DOGE In an X post, crypto analyst Kevin Capital remarked that it is only a matter of time before the Dogecoin price makes its move back up to between $0.28 and $0.30 and then “well beyond.” He added that as long as the Bitcoin price holds up and continues to show strength, this move for DOGE should come sooner rather than later.  Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Crypto analyst Trader Tardigrade revealed that the DOGE/BTC pair has formed a Cup-and-Handle pattern and broken out of the trendline. He had noted that this bullish pattern suggests that the meme coin may outperform the flagship crypto. The analyst added that the Dogecoin price has gained strong momentum. This recent analysis echoes an earlier prediction, when Trader Tardigrade also stated that DOGE may soon show a God candle on its BTC pair.  At the time of writing, the Dogecoin price is trading at around $0.24, up 14% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com