The Dogecoin price has been struggling in the market as bears have dominated in the last couple of months. This has seen the meme coin crash below $0.15, taking investor sentiment down with it. However, as the altcoin seems to be setting up for a recovery with multiple bullish formations. Analysts Call Breakout For Dogecoin Price In an analysis on X (formerly Twitter), Crypto School pointed out that the Dogecoin price continues to hold support above $0.15. This suggests that bulls are making their stand at this level and is now a pivotal level for the altcoin. This means that what the altcoin does next from here would be a “make or break move”, determining what direction the price could be headed next from here. Related Reading: Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out? The next bullish confirmation would be for the Dogecoin price to actually reach and clear the resistance at $0.18. However, if this does not happen, then the bearish downtrend could continue, and in that case, DOGE could crash another 20% to drop down to $0.11. “This is a high time frame setup where confirmation is key. Not looking to front-run the move,” the analyst said. “Waiting for the reclaim to reduce risk and maximise positioning.” DOGE And The Falling Wedge Pattern Another crypto analyst on the platform also pointed out that the Dogecoin price is still trading within a falling wedge pattern. The thing about falling wedge patterns is that they appear when a downtrend is nearing its end. And more often than not, the culmination of a falling wedge pattern will end up in a bullish breakout. In this case, if the Dogecoin price were to breakout, then it still has to beat the $0.18 level outlined above. Otherwise, the breakout could lose its momentum very quickly and fall back down. From here, the major support levels then lie between $0.134 and $0.142, according to the analyst. Related Reading: Dogecoin Price To Enter Phase E After Testing Last Point Of Support, Here’s The Target Dogecoin Trend Reversal On The Horizon The current trend for Dogecoin remains bearish as sellers are still dominating. However, there is a chance that a trend reversal is coming, as outlined by crypto analyst Trader Tardigrade. The analysis shows that the meme coin has already seen a trend reversal on the 4-Hour chart, with signs of uptrend continuation. If this uptrend holds, it could mark the beginning of a drawn-out recovery rally for the Dogecoin price. Additionally, the analyst confirms that DOGE saw its RSI fall below 50. But with the recovery, the RSI is trending back toward 50, and a break above this level would support an uptrend continuation. Featured image from Dall.E, chart from TradingView.com
The Dogecoin weekly chart has slipped back into the same lull that characterised the first half of 2024, yet two independent technicians argue the lull is nothing more than a reset before a decisive push higher. Dogecoin to $1 By Summer’s End? On the one‑week time‑frame, analyst Chris (@StonkChris) plots an expanding rising channel that has been guiding price action since the October‑2023 low at $0.056. That structure has produced a sequence of higher highs—~$0.229 in March 2024 and ~$0.484 in December 2024—and higher lows around $0.077 (February 2024) and $0.08 (early August 2024). The latest pull‑back has just retested the channel’s lower rail at $0.13, where Chris notes that the weekly Stochastic‑RSI has begun to curl up from single‑digit territory and the Ichimoku cloud is turning supportive above $0.22. Related Reading: Dogecoin Price To Enter Phase E After Testing Last Point Of Support, Here’s The Target From that confluence he sketches a steep, almost parabolic trajectory that slashes through the cloud resistance in May, re‑tests the mid‑cloud span near $0.30 and accelerates toward the upper boundary of the channel—an area that will sit close to $1.00–$1.10 by late‑summer 2025. “DOGE to $1 by the end of the summer 2025 anyone?” he asked followers on X, leaving little doubt about his conviction that the secular up‑trend remains intact. A Higher High Is Needed The short‑term picture is less binary in the eyes of Olivier (@Dark64), who analyses Dogecoin on the daily chart. His canvas is dominated by two features: a descending regression channel (labelled “BLSR”) that has trapped price since the November peak at $0.484, and a large rounded accumulation base projected to end between 5 May 2025 and 29 June 2025. Key horizontal levels flank the pattern. Immediate support sits at $0.1533, the level price is presently hugging. Should that shelf give way, Dogecoin could revisit the lower line of the channel below $0.13. To the upside, Olivier marked $0.2175 the most crucial resistance where DOGE could break out of the descending channel and mark the first higher high in months. Related Reading: Dogecoin Follows The Blueprint: Analyst Highlights Perfect Technical Execution Meanwhile, the area around $0.229 could be a last line of defense for bears as this is the local high from March 2024. A break above this level would expose $0.3496—a key support in December last year until January this year. Ultimately, the December high at $0.4361, with the year‑to‑date high at $0.484 completing the measured‑move objective. Olivier’s trading logic is brutally simple. “The up‑trend won’t resume until it prints a new higher low,” he wrote, adding in reply to a sceptic who wondered whether DOGE might first undercut $0.12: “If it breaks the last low, it will go lower. If it prints a new higher low and a new higher high, then I’ll be confident a new up‑trend is on.” His road‑map therefore allows for one more flush—potentially into the $0.13–$0.11 pocket. At press time, DOGE traded at $0.154. Featured image created with DALL.E, chart from TradingView.com
According to a recent post by C0d3slayer on X, Dogecoin is beginning to show early bullish signals following a brief pullback. He noted that the 1-minute chart is starting to display subtle shifts in momentum that a short-term recovery could be taking shape. While often overlooked, these micro-level patterns are catching active traders’ attention, scanning for early entries before the next significant price move. In the absence of a breakout, the early formation of higher lows and buying activity offers a glimmer of bullish potential. As the market gauges its next move, DOGE may be quietly setting the stage for a near-term upside surprise. Technical Patterns Reveal Bullish Setup Based on C0d3slayer’s recent observation, after briefly dipping to around $0.15100, the price rebounded sharply with a noticeable surge in trading volume, an indication of strong buying interest returning at lower levels. This bounce suggests that traders were eager to scoop up DOGE at a discount, hinting at growing confidence among bulls. Related Reading: Analyst Who Called Dogecoin Price Rally In 2024 Predicts 300% Rally In April Currently, DOGE is trading near $0.15385, holding slightly above a key support zone that has historically acted as a pivot area for price action. The ability to maintain this level could serve as a solid foundation for further gains, especially if momentum continues to build. This zone is technically important for traders who view it as a line between short-term weakness and renewed strength. He further highlighted the $0.15100 – $0.15120 range as a key reaction zone, where DOGE saw a strong bounce, signaling firm buyer interest at that level. He also identified $0.15250 as a short-term accumulation area, suggesting that traders may be gradually positioning for a potential breakout. According to his analysis, the chart structure hints at a possible W-pattern, commonly known as a double bottom. If the price continues to build momentum above these levels, this setup strengthens the case for a recovery. Bullish Vs. Bearish Scenarios: What’s Next For Dogecoin? At this critical juncture, DOGE sits between key technical levels that could determine its short-term direction. On the bullish side, C0d3slayer noted that a break above the $0.15450 resistance, backed by strong volume, would signal upside potential. In that scenario, price targets of $0.15550 and $0.15650 come into play, aligning with recent reaction zones and short-term momentum shifts. Related Reading: Dogecoin Gears Up For A Breakout To $0.29: Can Bulls Hold Key Support? Conversely, a failure to hold above $0.15250 could trigger a retest of the $0.15100 support region. A drop below this level would weaken the bullish case, possibly invalidating the current reversal structure. If selling pressure intensifies below $0.15100, DOGE may slide further, suggesting bears have regained short-term control. Featured image from Adobe Stock, chart from Tradingview.com
A fresh snapshot of Binance’s futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13% of Binance users with open Dogecoin positions are currently long, leaving only 27.87% on the short side. “72.13% of traders on Binance with open Dogecoin DOGE positions are currently long!” Martinez wrote, underscoring just how skewed sentiment is toward an upward price move. What Does This Mean For Dogecoin Price? What does such a strong majority of longs actually mean for Dogecoin’s outlook? In many cases, a pronounced imbalance like this hints that most market participants expect the price to keep climbing, at least in the short term. When so many traders are betting on gains, it often reflects optimism—or even excitement—about the token’s momentum. Dogecoin has repeatedly shown its ability to inspire fervor among retail investors and large speculators alike, so spikes in bullish interest are hardly surprising. Related Reading: Dogecoin Whales Buy 800 Million DOGE in 48 Hours – Smart Money Or Bull Trap? This kind of data can be interpreted as a potential sign of strength for Dogecoin. If the market aligns behind a bullish narrative, continued buying pressure may materialize, and prices can push higher. However, it’s not always that straightforward. When a huge chunk of the market tilts to one side, it raises the risk that a sudden drop might trigger a wave of forced liquidations among those long positions. If the broader crypto market wavers—or if Dogecoin faces any unexpected hurdles—traders who jumped in expecting a quick profit could end up rushing for the exits, amplifying downward moves. Still, the figure “72.13%” is unambiguously high, which is enough to catch anyone’s attention. A long/short ratio that elevated doesn’t guarantee a continued rally; instead, it paints a picture of present-day sentiment among a specific subset of traders. It’s one snapshot in time, drawn from the activity of one of the world’s busiest crypto exchanges. Even so, it’s a solid reminder that, at this moment, a large number of Dogecoin traders on Binance believe the path of least resistance is to the upside. Related Reading: Dogecoin Follows The Blueprint: Analyst Highlights Perfect Technical Execution Of course, market conditions can shift swiftly. Some traders will keep a close eye on overall liquidity, the behavior of Bitcoin, and any tariff news from US President Donald Trump. Dogecoin is known for abrupt price surges, spurred by social media buzz or endorsements from influential figures, so even data as decisive as this long/short ratio doesn’t fully predict what comes next. But it does give us an insider’s view of how Binance participants are positioning themselves and, in doing so, sets the stage for Dogecoin’s near-term intrigue. For now, the sheer dominance of long positions seems to say: traders remain bullish and are willing to back that sentiment with open contracts. It could be a sign of confidence in Dogecoin’s resilience, or it could be a setup for unexpected volatility if sentiment flips. Whichever way it unfolds, Martinez’s chart shines a light on how enthusiasm for this meme-inspired asset continues to run high in certain corners of the crypto market. At press time, Dogecoin was trading just below its multi-year trendline, following a rejection at the 0.786 Fibonacci retracement level around $0.167. A renewed drop toward the red support zone near $0.14 could be on the table if DOGE closes below the trendline. On the flip side, the 0.786 Fib remains the most critical resistance level, followed by a potential channel test near $0.18. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst Trader Tardigrade has provided an update on the Dogecoin price action. He revealed that the foremost meme coin is set to enter Phase E next, during which it could rally to new highs. Dogecoin Price To Enter Phase E Next After Testing Last Point Of Support In an X post, Trader Tardigrade stated that the Dogecoin price will enter Phase E and then the Mark-Up phase after the move of Sign of Strength (SOS) and Last Point of Support (LPS). This came as he also revealed that DOGE has entered Phase D in the Wyckoff Accumulation. The analyst also noted that the meme coin completed the TEST in Phase C and the Last Point of Support in Phase D. Related Reading: Crypto Analyst Warns Dogecoin Price Correction Was A False Breakout, Calls 30% Crash His accompanying chart showed that the LPS in Phase D for the Dogecoin price is around $0.174, while the SOS will be a successful reclaim and hold above $0.18. This will usher DOGE into Phase E, where it is projected to rally to as high as $2.1, marking a new all-time high (ATH) for the foremost meme coin. In another X post, Trader Tardigrade stated that the Dogecoin price could be forming an inverse Head and Shoulders pattern on the 4-hour chart, providing a bullish outlook for the foremost meme coin. His accompanying chart showed that Dogecoin could rally to $0.183 on this rebound, which is the SOS for the meme coin in this Phase D. It is worth mentioning that crypto analyst Kingpin Crypto also provided a bullish outlook for the Dogecoin price, predicting that it could bounce from the current support and rally above the psychological $0.2 price level. The analyst asserted that DOGE’s chart is one of the best right now in terms of price, which is at a clear level of higher timeframe support. DOGE Gearing Up For A Big Week In an X post, crypto analyst Ali Martinez stated that the Dogecoin price is gearing up for a big week. He remarked that a close above $0.17 could open the door to $0.21 or even $0.29 if it holds the key support level at $0.13. However, the analyst recently revealed that DOGE whales are choosing to remain on the sidelines for now, which could be bearish for the meme coin. Related Reading: Dogecoin Price Notches Higher Lows Amid Market Downturn, Why A 270% Surge Is Possible The Dogecoin price performance will also depend on the Bitcoin price and whether the flagship crypto can sustain bullish momentum. Self-acclaimed Dogecoin lead analyst on X, Kevin Capital, opined there is no need to be overly bullish until Bitcoin surges above $89,000. At the time of writing, the Dogecoin price is trading at around $0.16, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Shutterstock, chart from Tradingview.com
Back in 2024, the Dogecoin price trended low for a significant amount of time, shattering expectations of a rally. However, with the year drawing to a close, the tides began to change and the meme coin saw its value rising. One crypto analyst that predicted the rise is World of Charts, who took to X (formerly Twitter), to share with their over 30,000 followers the formation of a falling wedge pattern and the eventual breakout that would lead to new yearly peaks. Calling The Dogecoin Price Bottom In September 2024, the Dogecoin price was still trending below $0.1 after months of consolidation with seemingly no end in sight. At the time, the crypto analyst called out that the altcoin was actually consolidating within a falling wedge pattern and could see a breakout from there. At the time, the target was placed at $0.3, a 300% increase, and once the breakout begun, the price would end up exploding even higher. Related Reading: Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000 In the months following the prediction, the Dogecoin price would rise rapidly and the crypto analyst adjusted the target to $1. Although this new target was not reached, DOGE did go halfway, hitting $0.5 by November 2024, just two months after the initial prediction. This solidified the legitimacy of the breakout out of a falling wedge pattern, and now, it seems history is about to repeat itself again. In a new post on X (formerly Twitter), the crypto analyst that the Dogecoin price could be seeing a repeat of 2024 again. The post highlighted that the meme coin is on the verge of a massive breakout, giving the same 300% prediction as the previous prediction. Given that the Dogecoin price is currently trending at around $0.17 at the time of this writing, this would put the coin back on the way to $0.5. “Now Again Doge On Verge Of Massive Breakout, It Can Give Move Like Oct, Expecting 3x From Here,” the analyst said. Bullish From Here On Out Another crypto analyst, Jonathan Carter, has also shared the same sentiment as World of Charts and predicted that the Dogecoin price is also headed for a surge. This analysis which was published a day before also points out the breakout from a falling wedge pattern, setting four targets for the cryptocurrency. Related Reading: XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further If the break is successful, the crypto analyst puts DOGE at $0.18 first, and then continues on to $0.23. The last two targets are $0.29 and $0.34, suggesting that the meme coin would rise about 100% at the highest level. Featured image from Dall.E, chart from TradingView.com
Dogecoin’s price action continues to honor the technical “blueprint” laid out by crypto analyst Kevin (@Kev_Capital_TA), who reaffirmed on Sunday that his strategic roadmap from March 22 remains intact. The weekly chart reveals an extended descending channel drawn with multiple yellow trend lines that originated in 2021 and constricted price action throughout 2022. Within that formation, the most critical horizontal threshold appears to be $0.139, labeled on the chart as the “Last line in the sand” and described by Kevin as essential for preserving bullish market structure. He notes that maintaining durable weekly closes above this zone is paramount for further upside, while a decisive break beneath $0.139 would nullify the bullish thesis. Dogecoin Follows The Blueprint Dogecoin’s retracement from highs near $0.45 earlier this year has so far been contained by a confluence of support channels and Fibonacci retracement levels. According to Kevin’s chart, the primary Fib levels span from roughly $0.049 at the lower bound (0% Fib) to around $2.268 at the 1.414 extension. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? Closer inspection shows intermediate Fibonacci markers at $0.090 (0.236), $0.138 (0.382), $0.190 (0.50), $0.262 (0.618), $0.413 (0.786), $0.542 (0.88), $0.738 (1.0), $0.934 (1.0866), and $1.543 (1.272). Since the price is hovering near $0.16–$0.17 at press time, Dogecoin has remained above the 0.382 retracement near $0.138, reinforcing Kevin’s argument that the risk-reward ratio at this level appears “absolutely phenomenal.” Kevin’s March 22 update describes the confluence of several higher time frame indicators, including the Weekly Stochastic RSI, the 3-Day MACD, and the 2-Week Stochastic RSI, all of which he sees nearing full resets. He cites the previous weekly demand candle, which formed just above $0.139, as a key sign that buyers are stepping in to defend what he calls “the Last line of bull market support.” The Weekly Stoch RSI on his chart is already situated at low levels, while the 3-Day MACD and 2-Week Stoch RSI appear roughly a month away from bottoming out. According to Kevin, these technical resets should serve as a springboard for Dogecoin’s next significant upward move, provided that Bitcoin, which he believes must hold above $70K in his scenario, remains stable enough to support broader market strength. Related Reading: Dogecoin At Major Breakout Point As Liquidity Bottoms, Says Analyst On Sunday, Kevin reminded his audience that this strategy, first made public on March 22, is going “exactly according to plan,” given Dogecoin’s confirmed bounce around the $0.139 region and the ongoing drift toward oversold conditions in multiple momentum gauges. He disclosed that his Patreon trading portfolio holds an average entry at $0.15 for this swing and noted that a swift rejection of sub-$0.139 weekly closes, coupled with the bullish stance of the higher time frame indicators, corroborates his confidence in Dogecoin’s recovery potential. While he acknowledges that “lots of work” still needs to be done for Dogecoin to reclaim loftier levels near the 0.618 Fib around $0.262 or even the 0.786 Fib at $0.413, Kevin maintains that his initial thesis stands as long as the meme-inspired asset preserves its foothold above $0.139. For him, the risk of a breakdown is well-defined if the pivotal support gives way, but should the level persist, he sees the upside potential extending far beyond the current range. As of now, Dogecoin’s price continues to cling to that all-important line in the sand, keeping Kevin’s bullish blueprint very much alive. At press time, DOGE traded at $0.16493. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst Kevin (@Kev_Capital_TA) has shared a chart that overlays the Global Liquidity Index (yellow, plotted above) on top of Dogecoin’s price action (candlesticks in purple, plotted below). The visual comparison highlights a number of parallel channels and key trend lines that have previously aligned with turning points in Dogecoin’s trajectory. Explosive Dogecoin Setup Amid Liquidity Shift While the Global Liquidity Index has traded within a downward sloping channel – its lower boundary repeatedly capturing local lows marked by orange circles – the price of Dogecoin itself has broken out and retested a long-term sloping trend line that stretches back to its explosive price run in early 2021. The chart shows Dogecoin’s dramatic rise from less than a cent in 2020 to its all-time high of around $0.74 in 2021, before retreating to what appears to be significant support around $0.15. The analyst’s Fib retracement overlay shows the 0.382 level at around $0.14225, an area of technical importance that has attracted renewed attention. The current price action is depicted as settling around a zone where the multi-year descending trend line (yellow) retest meets the 0.382 Fib level, circled on the chart as a potential turning point. Related Reading: Dogecoin Bullish Divergence Plays Out, Analyst Maps Next Price Targets Meanwhile, the Global Liquidity Index at the top of the image has shifted within a downward price channel of its own, suggesting a broader contraction in available market liquidity over the past year. As can be seen, each contact with the lower boundary of the channel has coincided with a notable turning point in Dogecoin’s price movement. The repeated circular markers emphasize moments where the liquidity curve dipped and Dogecoin subsequently carved out local or macro bottoms. This synchronization, argues Kevin, should prompt traders to pay attention because it may herald a rebound if liquidity inflows stabilize or begin to rise again. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Why does the Global Liquidity Index matter for Dogecoin? In general, high liquidity levels can signal greater capital flowing into risk-on assets, especially memecoins like DOGE. When the Global Liquidity Index trends lower, it often reflects tighter financial conditions worldwide. Historically, Dogecoin’s most explosive moves—such as the meteoric rally of 2021—emerged when broader liquidity was on the rise, fostering an environment that helped accelerate trading volumes across the crypto landscape. Kevin’s chart offers no guarantees, but it does underscore an area where Dogecoin’s historic support lines, fib retracement levels, and a bottoming global liquidity channel all converge. Whether this confluence will serve as a catalyst for the next Dogecoin rally remains to be seen, but the chart makes a compelling case to monitor how the Global Liquidity Index evolves—and what it might mean for the ever-popular meme-inspired cryptocurrency. At press time, DOGE traded at $0.15723. Featured image created with DALL.E, chart from TradingView.com
Dogecoin’s momentum has shifted dramatically following macroeconomic developments and a series of strong technical signals, according to crypto chartist Kevin (@Kev_Capital_TA). Yesterday, the broader crypto market surged after President Donald Trump announced a 90-day pause on tariffs for 75 countries, while raising China’s tariffs to 125%. Bullish Momentum For Dogecoin The news sent Bitcoin above the $80,000 threshold and catapulted several major altcoins, including Dogecoin, higher. “Daily Bullish divergence on Dogecoin starting to play here,” Kevin writes in his latest update, while cautioning that “obviously macro news has most to do with this, but nonetheless the charts were giving us hints ahead of time that the opportunity was not guaranteed but there.” In the hours following the tariff announcement, Dogecoin rallied by approximately 13%, strengthening signs of a bullish divergence Kevin first flagged two days earlier. “Dogecoin came down once again to test the bull market structure ‘lines in the sand’ and somehow even though it cleanly broke through earlier in the day was able to recover and close the daily candle slightly above this support level,” he explained. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Kevin noted the parallel between Dogecoin’s bullish divergence and that of Bitcoin on the daily time frame, suggesting that renewed optimism for DOGE may be tied, in part, to the leading cryptocurrency’s resilience above its own pivotal support. Kevin’s outlook is rooted in a multi-week assessment of Dogecoin’s technical posture. At the end of March, he pointed to a “weekly demand candle” and the ‘Last line of bull market support.” He emphasized how crucial it remains for Dogecoin to hold above the 0.139 mark. “It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset,” he said. DOGE Price Targets He also described the potential upside for Dogecoin as “phenomenal” relative to the risk of losing that $0.139 threshold for multiple weekly closes. The chart’s Fibonacci retracement and extension levels suggest potential technical targets for Dogecoin that remain relevant for traders seeking directional cues. Related Reading: Dogecoin Fading Fervor: Has The Meme Coin Lost Its Mojo? These levels begin with the 0.236 at $0.09038, the 0.382 at $0.13827, the 0.5 at $0.19039, the 0.618 at $0.26216, the 0.65 at $0.28529, and the 0.70 at $0.3310. Higher up, the 0.786 reads $0.41339, the 0.88 is $0.54210, the 1.0 level marks $0.73839, and the 1.0866 is $0.93377. Further on the extension side, the 1.272 stands at $1.54348, and the 1.414 appears at $2.26813. The analyst underscored that “as long as BTC holds these levels and does not lose $70K then I absolutely love this spot on DOGE,” highlighting how the broader market’s trajectory could shape Dogecoin’s path along these technical markers. However, the coming days will reveal whether Dogecoin can build on the momentum that emerged amid the tariff-related market surge—and whether the well-worn phrase “the trend is your friend” will keep Dogecoin enthusiasts in a bullish mindset. At press time, DOGE traded at $0.15751. Featured image created with DALL.E, chart from TradingView.com
Dogecoin is now grappling with a slowdown in momentum that has left many investors wondering if its best days are behind it. After tumbling to the $0.1293 mark, DOGE managed to pull off a notable rebound, suggesting that the bulls aren’t ready to throw in the towel just yet. As market interest shifts toward newer trends and utility-driven tokens, Dogecoin’s fading excitement is becoming hard to ignore. Despite the recent recovery, trading activity remains tepid, and the community buzz that once fueled its rallies appears to be losing steam. Technical Breakdown Of The $0.1293 Bounce According to Cantonese Cat in his latest post on X, before Dogecoin’s rebound at $0.1293, the Relative Strength Index (RSI) indicator formed a bullish divergence, which played a significant role in the price recovery. In technical analysis, a bullish divergence occurs when an asset’s price makes lower lows while the RSI forms higher lows. Related Reading: Dogecoin (DOGE) Bleeds Further—Fresh Weekly Lows Test Investor Patience Based on his post, this discrepancy between the price action and the RSI suggests that although the price is declining, the momentum behind the selling is weakening, signaling a potential shift in market dynamics. In Dogecoin’s case, the RSI’s bullish divergence provided an early indication that the market was oversold and that a reversal could be in the cards. Traders closely monitor such divergences since they often precede price reversals. When the price reached the $0.1293 level, it acted as a key support, triggering the buying pressure as the bearish momentum faded. Next Big Move: Can Dogecoin Break Free from The Slow Lane? Dogecoin has been experiencing a period of sluggish price action, with its recovery efforts often met with resistance. After a modest rebound from the $0.1293 support level, the meme coin has struggled to maintain momentum. The key question now is whether Dogecoin can break through the current resistance levels and ignite a sustained rally. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 If Dogecoin manages to break free from its current slowdown, it could recover the $0.18 resistance level. A successful breakout above this level would reinforce the strength of the bullish momentum for additional gains. This would pave the way for DOGE to target higher resistance zones, such as $0.2403 and $0.2923, potentially driving the price into a more substantial upward trend. Additionally, broader market conditions and sentiment around meme coins will play a crucial role. While Dogecoin has shown resilience in the past, the road ahead will require strong demand, a solid breakout above key levels, and sustained buying pressure to drive the price out of its current range. If these factors align, Dogecoin might see a powerful breakout, shifting from its slow climb into a more decisive upward trend. Featured image from Shutterstock, chart from Tradingview.com
After Dogecoin temporarily fell by more than 22% yesterday amid rumors of a “Black Friday”, the price has since been able to recover at least some of its losses. Nevertheless, DOGE is still down around 11% since the start of the week. This has put the price of Dogecoin in a tricky situation. Dogecoin Forms Bull Div Dogecoin breached a critical ascending support line before quickly recovering, a behavior that crypto analyst Kevin (@Kev_Capital_TA) describes as testing the “lines in the sand” for this ongoing bull market structure. Related Reading: Dogecoin Crashes 20%, But ‘Bull Line’ Signals Hope For HODLers Kevin’s shared chart indicates that DOGE temporarily dipped below a rising pink trendline that has been in place since mid-2023, yet managed to close the daily candle back above this historically significant support around the $0.138 region—a level that also coincides with the 38.2% Fibonacci retracement level measured from the $0.049 swing low to the approximately $0.738 peak. The analyst points out that, despite the intraday break, DOGE’s recovery formed what he calls a “clean bullish divergence” on the daily time frame, referencing the Relative Strength Index which has begun climbing even as price made a slightly lower low. He likened this development to a similar divergence unfolding on Bitcoin’s chart, suggesting that Dogecoin’s momentum may be stabilizing after a series of drawn-out declines from the $0.48 high set early December last year. DOGE Uptrend Remains Intact Charting Guy (@ChartingGuy) weighed in separately, highlighting that Dogecoin has arrived once more at its weekly 200 EMA zone—an important trend marker hovering in the mid-$0.13 range—and that its overall structure still shows “higher highs, higher lows” when viewed on a broader timescale. His posted chart also features a Fibonacci analysis which shows that DOGE could manage to close above the 0.382 Fib level, reinforcing the notion that DOGE’s ability to hold above $0.15 could be a crucial gauge of bullish continuation. Failure to sustain this level, however, would risk revisiting deeper Fibonacci support levels, including the 23.6% retracement near $0.09 or even the 13.6% level around $0.07. Related Reading: Dogecoin Volume Remains Low As Price Tanks, Analyst Says Another Surge Is Coming On the upside, traders may look to potential resistance zones in the mid-$0.20s, which line up with the 61.8% Fibonacci retracement at roughly $0.2671, and the high-$0.30s to low-$0.40s range tied to deeper retracement zones up to the 78.6% mark. The chart watcher also notes that a retest of the prior swing highs above $0.40 would align with an extended push toward the 88.8% Fibonacci near $0.56, although market participants remain cautious amid the broader volatility that is brought to the market by US President Donald Trump’s tariff policies. At press time, DOGE traded at $0.149. Featured image created with DALL.E, chart from TradingView.com
Amidst a broader crypto market crash, the Dogecoin price is down more than 20% in the last 24 hours. Yet crypto analyst Kevin, who posts under the handle @Kev_Capital_TA on X, has reiterated his stance that Dogecoin still holds a critical “bull market line” and builds momentum higher if broader market conditions improve. Dogecoin Must Hold Above This Price In a new update, Kevin writes: “Nothing much has changed on Dogecoin since my last post on 3/22. Higher time frame indicators are mostly reset and we are holding the bull market line in the sand of support. This may not be the popular X take at the moment but engaging on people’s fears is not what we do here. As long as BTC cooperates and economic data comes in favorable I say send it higher within the next few weeks.” He references an older post from March 22 in which he laid out a comprehensive technical perspective on Dogecoin’s position. In that post, he pointed to the $0.139 price level as the coin’s “Last line of bull market support,” warning that a durable weekly close below the multi-year downtrend line could signal a profound shift in sentiment. Related Reading: Dogecoin Faces Moment Of Truth: Will It Hold The Line Or Freefall? “My #Dogecoin Community it is about that time where I must provide you the Alpha you all desire,” he wrote in March. “If we take a look at DOGE on the weekly time frame we can see that we received a weekly demand candle last week at the ‘Last line of bull market support’ [which is at $0.139] that I pointed out a couple of weeks ago. It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset.” According to Kevin’s assessment, those particular indicators—which are commonly used to gauge momentum and potential overbought or oversold conditions—are crucial for traders looking to pinpoint when Dogecoin might next see an upward price swing. He also mentioned a target for Bitcoin not to fall below $70,000 if Dogecoin’s bullish framework was to remain intact, emphasizing that broader crypto market conditions often set the pace for high-beta altcoins like DOGE. DOGE Vs. Global Liquidity In yesterday’s post, Kevin delved deeper into the macroeconomic context, overlaying the Global Liquidity Index onto Dogecoin’s price chart. In his words, “If we take a look at #Dogecoin with the Global Liquidity Index overlaid you can see we are at a very interesting point here. On the LOG chart DOGE is back testing the breakout point of what was the entire bear market range that lasted from May of 2021 to October of 2024.” This reference to a prolonged bear market range underscores the extent to which Dogecoin’s price has traveled between its 2021 peaks and subsequent declines. He further explains that this region coincides with the “macro .382” at $0.142 when measuring from the previous bull market highs to the bear market lows, which he regards as a major inflection point and a potential springboard for a renewed rally, provided the market cooperates. Related Reading: Dogecoin To $0.57 Or $0.06? Analyst Says DOGE’s Fate Hinges On This Level Kevin attributes a large share of crypto price direction to broader liquidity conditions, writing that “Global liquidity has shown to be throughout all of history a major driver of risk asset prices especially #Altcoins and we can see here that it has been trading perfectly in this downward channel since May of 2022 which lines up with central bank tightening of monetary policy across the globe as inflation was sky rocketing.” As global monetary authorities begin to wind down or at least slow the pace of interest rate hikes, liquidity levels may start to edge higher again. In his assessment, this easing, even if gradual, could supply the necessary fuel for a breakout in both market liquidity and Dogecoin’s price. “Based on history I believe it will likely start to breakout here. If the correlation remains true as it has through the years then this back test on Doge specially is providing one of the best risk reward ratios you can ask for in a long term hold entry or swing play,” he says, while making clear that a failure to hold $0.139 “durably below” would be his invalidation point. At press time, DOGE was just below Kevin’s last “bull line” and was trading at $0.13558. Featured image created with DALL.E, chart from TradingView.com
Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin’s value that has been lost in less than six months. With the volume remaining muted, it is possible that this price drop could continue and plunge investors into even more losses. Dogecoin Daily Volume Remains Below $5 Billion Over the last four months, the Dogecoin daily volume has been seeing a steady volume plunge. The daily volume hit a high above $60 billion on November 13, 2024, but by the end of March 2025, the daily trading volume dropped below $3 billion, resulting in an over 90% drop in volume in only four months. Related Reading: Bitcoin Price On The Verge Of 15% Breakout As Analyst Spots This Formation Since then, Coinglass data shows there has been some increase in the daily trading volume. However, it is far from notable as the daily average for Dogecoin has come out below $5 billion for the entire of April 2025 so far. This drop in volume also coincides with the price decline, which suggests that unless there is a change in the volume, the Dogecoin price could continue to struggle. As a result of the price decline, long traders have suffered the most as bears reclaimed control of the crypto market. On Sunday, with over $4 million in liquidations, over 80% were from long traders as declines mounted due to the bearish pressure. Most of the decline has been driven by Donald Trump’s tariffs, which have caused the stock market to hit its worst crash since 2010. This has translated into a bear market, with the Bitcoin price falling toward $80,000. Altcoins like Dogecoin have naturally suffered more losses due to their highly volatile nature of being meme coins and have dropped by more than 50% compared to Bitcoin’s 25% decline. Not Everyone Is Bearish Despite the overwhelming bear pressure that has blanketed the crypto market, bullishness around the Dogecoin price continues to rise. One of those who have remained steadfast in their bullishness is crypto analyst Trader Tardigrade. Related Reading: Ethereum Tanks Nearly 50% As Bitcoin Holds Stronger In Q1 In an X (formerly Twitter) post, the crypto analyst pointed out similarities to the 2016 and 2021 cycles where the Dogecoin price saw notable moves. According to the chart, there have been similar formations pointing to a possible surge for DOGE. If this plays out accordingly, then the DOGE price could be staring down an over 1,500% increase in price as the crypto analyst has set the target as high as $2.1. “Dogecoin is about to Surge again,” the analyst said. Chart from TradingView.com
Dogecoin is once again in the hot seat as the meme coin tests a multi-year trend line that dates back to the heady days of 2021. Both the daily and weekly charts underscore the significance of this zone, with the market hovering dangerously near a juncture that could determine whether the current price collapses by another quarter or stages a dramatic rebound. Dogecoin Could Plunge Further On the weekly chart, the trend line slants downward from the historically elevated levels near last cycle’s top and converges with the 0.786 Fibonacci retracement at around $0.167. Thus, Dogecoin finds itself on shaky ground as it slipped below the 0.786 Fibonacci level at $0.167 yet still clings to the multi-year trend line, which currently hovers around $0.157. DOGE’s ability to stay above the line may decide whether the market can avoid a renewed sell-off that could erase a quarter of its current value. Notably, DOGE is already down about 66% from its December peak above $0.48 last year, revealing just how tightly the bulls need to hold the line to avoid another wave of selling pressure. Related Reading: Crypto Analyst Calls Dogecoin Chart A ‘Beauty’ As Key Indicators Align Zooming in on the daily time frame, the story becomes clearer. After Dogecoin dropped out of a downtrend channel on February 24, it made an attempt to fight its way back inside on March 2 and 3, only to be swiftly pushed below the channel floor again. Subsequent rejections on March 6 and March 26 along the lower boundary confirm that the bears have little intention of giving DOGE an easy path back above. This persistent refusal is accompanied by waning volume, indicating that buyers have had difficulty mustering the momentum required to reclaim a foothold inside the channel. The weekly EMAs are spread above the price, notably with key lines sitting well above $0.16, while the daily EMAs have turned into near-term ceilings that Dogecoin has repeatedly failed to surmount in recent sessions. Related Reading: Dogecoin, XRP Among Coins Seeing The Largest Decline In Profit Supply: Data Should DOGE fall below the multi-year trend line, it could test again the support zone just around $0.14 like on March 10 and 11—delineated in red on the chart. If DOGE fails to defend the trend line and slides below the $0.14 mark, the next major pivot comes at $0.12, symbolized by the prominent blue line. A retreat that far would amount to a further 25% drop from current price levels, potentially deepening bearish sentiment well into the second quarter. All eyes are now locked on the interplay between price and the decades-long slope that has served as both a magnet and buffer across multiple market cycles. Should buyers step in firmly at the intersection of the multi-year line and the 0.786 Fibonacci level, the next challenge would be to recapture the lower boundary of the descending channel—something Dogecoin has failed to do despite repeated tests. On the other hand, a decisive break below $0.14 would raise the odds of a capitulation down to $0.12 or potentially lower. For now, it appears Dogecoin’s fate hinges on whether this long standing structural support can weather the storm. If it does, the battered meme coin may yet script a comeback. If not, the market may face a freefall that rekindles memories of the most volatile chapters in its history. Featured image created with DALL.E, chart from TradingView.com
The Dogecoin price has been defying broader market weakness by establishing a series of higher lows. Amidst the market downturn, technical indicators suggest that Dogecoin could be setting the stage for an explosive rally, with analysts predicting a 270% surge to a new price high. Dogecoin Price Prepares For 270% Surge A Dogecoin price chart shared by crypto analyst Javon Marks reveals a critical shift in momentum. Following a prolonged downtrend that saw the meme coin’s price crash to significant lows, Dogecoin has now broken out of a descending trendline, signaling the potential end of its bear cycle. Related Reading: Cardano Price Could Be Set For 100% Rally As This Bullish Triangle Has Formed On The Daily Timeframe Since reaching a cycle low, Dogecoin has consistently posted higher lows — a common sign of growing buying pressure and a steady uptrend. Following the formation of its latest higher low, Marks believes that DOGE is now positioned in a bullish set-up. Historically, similar patterns have preceded parabolic moves in the Dogecoin price, suggesting that the meme coin could be gearing up for an uptrend continuation. According to Marks‘ analysis, if Dogecoin follows the established trend, the next impulsive wave could push its price to $0.653, marking an explosive 270% surge. While past higher low formations support the likelihood of the analyst’s projected rally, Dogecoin’s recent breakout from the descending trendline reinforces its bullish structure. Marks also suggests that a climb to the $0.63 level could serve as a launchpad for Dogecoin, potentially driving its price even higher to $1.25 if its momentum persists. Despite the ongoing market volatility, DOGE continues to hold key support levels as it eyes a fresh breakout. Notably, a surge to the $1.25 target would mark an impressive 681.25% increase from the meme coin’s current market value of $0.16. DOGE Faces Make Or Break Level According to crypto analyst Ali Martinez, the Dogecoin price is currently at a make-or-break point, meaning that its next move could determine whether it sees a significant breakout or a sharp decline. Sharing a price chart highlighting Fibonacci retracements and trend channels, the analyst revealed that Dogecoin is sitting on a key ascending trendline that has acted as support since 2018. Related Reading: Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels This trend line aligns with the 0.796 Fibonacci retracement level at $0.16, marking it a crucial support zone. If Dogecoin holds above this level, it could trigger a bullish continuation, with the next major Fibonacci extension level at $0.57. Surpassing this price mark could also propel Dogecoin to the 1.272 Fib at $2.77. On the flip side, if Dogecoin breaks below $0.16, the next major support lies around the 0.618 Fib at $0.06. The analyst’s chart also highlights a possible breakdown to $0.0066 or even as low as $0.0016 if bearish momentum persists. Featured image from iStock, chart from Tradingview.com
The Dogecoin price is once again at are critical point after retesting the mutli-year trendline. However, according to two chartists the popular meme‐inspired token could be on the verge of a major breakout. Crypto Balo (@btcbalo) and Cas Abbé (@cas_abbe) both shared technical charts suggesting a new leg up for DOGE, highlighting specific price thresholds, Fibonacci retracement levels, and a recently confirmed bullish pattern. Dogecoin Never Below $0,15 Again? On the three‐day DOGE/USDT chart published by Balo, Elliott Wave markers (labeled (1) through (5) and A‐B‐C) indicate that the market completed a corrective phase near the $0.15 region. This conclusion rests on a cluster of technical signals, including a strong support zone and visible convergence in trading volume. According to Balo, the final wave of the broader correction appears to have ended in the low‐mid teens, which he believes has solidified into a key inflection point. Balo draws special attention to several Fibonacci levels on his chart. He notes that $0.2350 aligns with the 0.618 Fibonacci retracement, while $0.1671 marks the critical 0.786 retracement. In his view, a sustained price above the 0.786 retracement is essential for maintaining Dogecoin’s bullish momentum. Balo further references the 1.0 retracement at $0.0805, labeling it as a major cycle low from previous years but emphasizing that DOGE has not revisited that level for a considerable period. Related Reading: Crypto Analyst Calls Dogecoin Chart A ‘Beauty’ As Key Indicators Align Based on these observed price structures, Balo anticipates that Dogecoin could move sideways for a brief period to gather momentum. He underscores a likely doubling in price before DOGE encounters its “next major resistance” near $0.3552–$0.36. In his words, “DOGE looks like a bottom to me. Could go sideways for a bit to build momentum but we should be good for a 2x from here before the next major resistance. Once we reclaim $0.36 we can start talking about new ATHs again.” Related Reading: Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels Thus, he identifies $0.36 as the inflection point that could pave the way to reclaiming historic highs above $0.76, but stresses that he wants to see a decisive break above this resistance first. Until then, he sees $0.15 as a robust support floor and maintains confidence that DOGE’s price action may mimic its bullish structure from September 2024. DOGE’s Falling Wedge Breakout Cas Abbé’s shorter‐term analysis, plotted on a four‐hour chart, points to a classical falling wedge formation. Following a decisive move beyond the wedge’s upper trendline, Abbé suggests that buyers have taken the initiative to reverse the prior downtrend. A key factor in Abbé’s assessment is the Relative Strength Index (RSI). He notes that the RSI dipped briefly into oversold territory—an occurrence often regarded as a reliable indicator that selling pressure has reached an extreme. Since then, the RSI has rebounded into the low‐50s range, signaling the possibility of renewed bullish momentum. Citing these technical developments, Abbé comments, “DOGE falling wedge breakout. 4H RSI entered the oversold zone which is an obvious bottom signal. If BTC doesn’t lose its momentum, DOGE could rally towards $0.22–$0.25 in the coming weeks.” At press time, DOGE traded at $0.17. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst Cantonese Cat (@cantonmeow) is describing the weekly Dogecoin/ USD chart as a technical beauty due to multiple indicators aligning at once. In the latest chart shared on X, several key features stand out, including a long-term diagonal trendline, converging 100-week and 200-week simple moving averages (SMAs), and a noteworthy Ichimoku Cloud setup. “I haven’t seen something this beautiful with this much confluence for a while,” the analyst notes. Why Dogecoin Looks ‘Beautiful’ Bullish A dominant downward-sloping diagonal trendline, drawn from Dogecoin’s historic 2021 peak of approximately $0.70, sets the tone for the chart’s structure. Since Dogecoin’s meteoric rise and subsequent fall in 2021, weekly candles have consistently responded to this diagonal, which has acted as a barrier to bullish advances and occasionally served as a place for price consolidation. Related Reading: Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels In November last year, DOGE broke above the trend line. However, over the past four weeks, Dogecoin has once again drifted downwards into close proximity to this trend-defining line. Dogecoin’s current revisit to the trendline represents a retest of the previous breakout; a successful defense at this level would confirm the retest, a scenario widely regarded as highly bullish from a technical analysis perspective. Another focal point is the relationship between the 100-week simple moving average (SMA) and the 200-week SMA. In the chart shared by Cantonese Cat, the 100-week SMA is drawn in blue, while the 200-week SMA is depicted in black. The 100-week SMA is currently hovering at $0.1456, while the 200-week SMA sits at $0.1412. Notably, the recent crossing of the 100-week SMA above the 200-week SMA has formed a bullish “golden cross,” a technical event typically interpreted as a strong positive signal for price momentum from a technical analysis perspective. Related Reading: Dogecoin Prepares To Explode — Analysts Say Watch This Price The chart also incorporates an Ichimoku Cloud, which further intensifies the convergence. The weekly Ichimoku setup (commonly using parameters 9, 26, 52, 26) displays a convergence with the weekly SMAs around $0.14. At present, Dogecoin’s price has approached the upper boundary of that Cloud, and stayed above it. If the price were to sustain a close above the Cloud, it would strengthen the case for a bullish continuation. Notably, the Future Cloud Outlook is also bullish. The leading spans (projected forward) around $0.24 to $0.28 suggest a broad zone that could either cap upside moves or act as a magnet, should buyers maintain conviction. Cantonese Cat refers to this juncture as “beautiful” precisely because of the overlapping significance of these 4 indicators. If Dogecoin remains above critical support level ner $0.145 for consecutive weekly closes, the likelihood of a sustained uptrend can rise considerably. At press time, DOGE traded at $0.17417. Featured image created with DALL.E, chart from TradingView.com
A recent Dogecoin analysis on TradingView has highlighted a potential scenario where DOGE could dip below the $0.165 mark before rebounding. The analyst, reviewing the 4-hour candlestick chart, pointed to extremely oversold RSI levels as a basis for this outlook. Although a bounce appears to be the more probable outcome, there is still a 30 to 40% chance of a short-term drop into deeper support territory. Dogecoin RSI Dips Below 10 On 4-Hour Chart To Possibly Extend Decline The Relative Strength Index (RSI) is a technical analysis indicator used to measure an asset’s momentum. When above 70, the asset is considered overbought, meaning it might be due for a price correction or pullback. On the other hand, readings below 30 are considered oversold, meaning that the asset might be undervalued and could bounce upward soon. Related Reading: Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9 In the case of Dogecoin, the meme coin has been under intense selling pressure since the beginning of March. This selling pressure has seen it lose most of its price gains in late 2024 and break below notable support pressure. This, in turn, has seen the RSI fall towards the oversold levels across multiple timeframes. According to the technical overview, the Relative Strength Index on the 1-hour timeframe is between 25 and 27, signaling strong oversold conditions. On the 4-hour chart, the RSI has dropped even lower, falling beneath 10, which typically indicates an asset is due for a corrective bounce. The daily RSI is currently hovering around 32 to 33, still above the oversold zone but trending downward. These readings suggest that while bearish pressure is present, the setup of a bounce from oversold levels increasingly favors a rebound as buyers look to re-enter near support. Analyst Sees Bounce Toward $0.172–$0.175 As More Probable Outcome According to the analyst, the break of the RSI below the oversold levels points to a decline toward the $0.1580 and $0.1590 support region. Despite the possibility of a decline toward the $0.1580 to $0.1590 support region, the analyst noted a higher probability (around 60 to 70%) of a near-term bounce after hitting this support region, possibly targeting the $0.172 to $0.175 range. Related Reading: Dogecoin Price Stages Bounce From Lower Border Of Second Falling Wedge, New Targets Unlocked? The projection hinges on Dogecoin’s possible reaction to such a deeply oversold RSI level. The analyst emphasized that this is an assumption rather than financial advice, but the technical context supports the likelihood of a relief rally if the support holds. At the time of writing, Dogecoin is trading at $0.1649, down by 3.6% in the past 24 hours. With both downside and upside scenarios laid out, short-term Dogecoin price action now depends on how the market reacts at the current $0.165 level. A move toward $0.172 or higher could unfold quickly if buyers step in right now. However, if selling continues, Dogecoin might continue its decline throughout the week before attempting a recovery. Featured image from Unsplash, chart from Tradingview.com
Dogecoin (DOGE) has reached a pivotal juncture on its four-hour chart, according to a new technical analysis shared by crypto analyst Satori (@Satori_BTC). The chart, posted on X, highlights Dogecoin’s current interaction with the middle band of the Bollinger Bands—often used to measure volatility and potential support/resistance levels—around $0.19. Dogecoin At A Crucial Level Satori notes that $0.19 represents the middle band, which aligns closely with a horizontally drawn support zone on the chart. In the past, this region has visibly acted as a price floor, evident from multiple candle bodies and wicks converging near this level. The Bollinger Bands themselves, displayed as red (upper band) and green (lower band) envelopes, are narrowing compared to earlier periods, suggesting that market volatility could soon pick up if price action closes firmly above or below these bands. Volume bars beneath the price candles underscore periods of heightened trading activity, with one notable spike visible during the last significant upward move—indicating strong participation from market participants when DOGE rallied from the $0.17 area to above $0.19. Currently, volume appears moderate, but Bollinger Band constrictions often foreshadow more pronounced volatility. Related Reading: SuperTrend Analysis: Dogecoin May Enter Bullish Territory If It Surpasses $0.21 The upper Bollinger Band, shown in red, hovers near $0.204, an area where recent price candles peaked before retreating to the middle band. If DOGE decisively reclaims this higher boundary, bullish traders may look for extended upside momentum. Conversely, the lower Bollinger Band is now situated in the mid-$0.17 range, a level Satori highlights as the next notable support should $0.19 fail to hold. Related Reading: Dogecoin Prepares To Explode — Analysts Say Watch This Price Satori’s commentary warns of potential volatility if the middle band breaks down. “DOGE has reached the middle band of the Bollinger Bands, indicating support around $0.19. If this level is breached, monitor the support near $0.17. Be cautious of potential volatility as the market reacts to these levels.” As of this writing, DOGE is trading just above $0.181, hovering below the Bollinger Bands’ middle line. Notably, the price failed to re-enter the descending channel on the daily chart—a formation that guided Dogecoin’s movement from early December until late February. After breaking below that channel, DOGE tested a multi-year trendline on the weekly chart but successfully held it. Since then, it has climbed back above the 0.786 Fibonacci level. However, the latest rejection at the channel’s lower boundary puts the $0.167 support—which aligns closely with the lower Bollinger Band highlighted by Satori—squarely back in focus. Holding this level is crucial to maintain the bullish momentum. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst Ali Martinez (@ali_charts) published a new UTXO Realized Price Distribution (URPD) chart on X that offers a deep look at where large chunks of DOGE have last changed hands. This histogram shows distinct clusters of on-chain activity, pinpointing the most significant price levels that could define the meme coin’s next major move. Martinez specifically singled out $0.177 as strong support and $0.207 as notable resistance, suggesting that Dogecoin is effectively sandwiched between these two crucial price barriers. While $0.177 and $0.207 stand out for immediate trading decisions, the chart also reveals other conspicuous price levels that warrant closer inspection. What This Means For Dogecoin Traders The chart reveals Dogecoin’s largest URPD cluster around $0.177, accounting for roughly 8.01% of DOGE’s total supply (about 11.89 billion tokens). This concentration indicates a high volume of coins last transacted in that range. Because of the large number of DOGE holders with cost bases around $0.177, analysts typically view this level as an important support zone—where buyers could step in to defend their positions. Related Reading: Dogecoin Prepares To Explode — Analysts Say Watch This Price Another notable cluster appears at $0.2069, representing about 7.04% of the total supply (approximately 10.45 billion tokens). Martinez labels it as key resistance, reflecting a significant group of holders who acquired DOGE at or near this price. If the market approaches $0.207, some participants might look to break even or lock in small gains, potentially creating selling pressure. One of the most striking observations is the large spike at $0.06653, where approximately 30 billion tokens were transacted. This by far highest bar dwarfs many of the smaller clusters on the chart, indicating that a massive volume of DOGE supply shifted at that price in the past. Related Reading: Dogecoin Is ‘All Going To Plan,’ Says Crypto Analyst Even though the market is currently well above $0.06653, this level could be significant if prices were ever to correct sharply. It represents a substantial cost basis for a large portion of holders, potentially turning it into a powerful area of support if Dogecoin experiences a deeper downside move below $0.177. On the upside, the histogram highlights two major concentrations above current prices. Around $0.2753, slightly below 5 billion tokens were transacted, and at $0.3622, slightly above 5 billion tokens exchanged hands. These tall bars may act as key resistance hurdles if Dogecoin can break above the shorter-term ceiling at $0.207. Once DOGE sustains gains beyond $0.207, buyers might look for momentum to carry the token toward $0.2753, where fresh resistance could appear. If bullish sentiment remains robust, the region around $0.3622 might become the next important level to watch. At press time, DOGE traded at $0.196. Featured image created with DALL.E, chart from TradingView.com
Dogecoin (DOGE), the leading memecoin in the cryptocurrency market, is showing signs of a potential bullish trend following a significant 16% price recovery. Analysts suggest that for Dogecoin to solidify this upward momentum, it must surpass a crucial resistance level. Dogecoin Eyes New Bullish Trend Amid Market Recovery The recent price movements of Dogecoin have been influenced by broader market trends and macroeconomic factors, particularly the fallout from President Donald Trump’s tariff policies. After reaching a yearly high of $0.4350 on January 18, Dogecoin experienced a dramatic decline, plummeting 67% to a low of $0.1430 on March 11. However, the recent positive performance indicates that a new bullish wave may be emerging. Related Reading: Dogecoin Price Prediction: Analyst says There Is 100% Chance Of A Bullish Rally, Here’s Why Market analyst Ali Martinez has pointed in a recent social media post on X (formerly Twitter) to the SuperTrend indicator, a technical analysis tool that helps identify price trends, suggesting that Dogecoin could enter a bullish phase if it successfully breaks through the resistance level at $0.21. The analyst further identified the key support floor for the Dogecoin price at $0.177, which will be crucial in determining whether the token can sustain its recovery or if it will face another downtrend. Should Dogecoin fail to hold this support level, it could revisit once again the $0.14 price point, where significant buying pressure previously helped support the price. This scenario could erase the gains made over the last two weeks. Eyeing $0.50 And Potential All-Time High Of $1.60 Adding weight to Martinez’s analysis, data from Glassnode reveals that 7% of Dogecoin’s total supply is concentrated at the $0.20 mark, which is the third-largest concentration after $0.17 and $0.07. According to Glassnode, this concentration suggests that the $0.20 level may act as a formidable resistance point in the near term, as many wallets likely acquired their holdings at lower prices. In a more positive note for the token and despite the current uncertainties surrounding Dogecoin’s price, analysts remain optimistic about the memecoin’s long-term prospects. Related Reading: Bitcoin Marks 114 Weeks In Active Buy Signal On The SuperTrend Weekly, But Things Could Turn Bad If This Happens According to experts like AMCrypto, Dogecoin has recently tested a multi-year support trendline, indicating a potential for sustained upward movement. “Memes are slowly moving up now, and I expect DOGE to lead the rally,” one analyst stated, setting a target of $0.50 in the second quarter of the year. Other analysts, including ChartingGuy, have suggested that Dogecoin could aim for a new all-time high of $1.60, representing a staggering potential increase of 742% from its current levels and surpassing its previous record of $0.7316. Featured image from DALL-E, chart from TradingView.com
Over the past four days, the Dogecoin price is up more than 17% and is thus nearing bullish territory according to two renowned chart technicians. Rekt Capital (@rektcapital) and Henry (@LordOfAlts), are pointing to what they believe is a major technical setup on the Dogecoin (DOGE) price chart—potentially heralding a sizable breakout. This Price Level Is Crucial For Dogecoin Early today, Rekt Capital shared a weekly DOGE/USDT chart highlighting key price levels at $0.159, $0.204, and most critically $0.22. According to the analyst, Dogecoin’s trajectory now hinges on whether it can “reclaim and/or Weekly Close above $0.22”—a level he refers to as a green zone of Pre-Halving highs on his chart. Rekt Capital suggests that the recent dip below $0.22 could represent a mere “downside deviation,” meaning any breach under that threshold might have been temporary if price action stabilizes above $0.22 in the near future. The candlesticks near $0.20 and $0.22 exhibit notable wicks, indicative of high volatility. Rekt Capital interprets these as part of a “very volatile retest” of the price region around March highs. Related Reading: Dogecoin Is ‘All Going To Plan,’ Says Crypto Analyst From a technical standpoint, the $0.22 area seems to act as a pivot. Should Dogecoin close a weekly candle above that boundary, it would increase the likelihood that buyers are regaining control, potentially setting the stage for a move toward higher resistance levels—such as the $0.28 and $0.338 region, identified by two horizontal green lines on Rekt Capital’s chart. DOGE Breakout Already Confirmed? Meanwhile, analyst Henry (@LordOfAlts) points to a multi-month falling wedge formation stretching from late 2024 through the first quarter of 2025. Henry notes that this pattern bears resemblance to Dogecoin’s descending wedge in 2024, which eventually led to a breakout and a significant price surge. Related Reading: Dogecoin Price Mirroring This 2017 Pattern Suggests That A Rise To $4 Could Happen On Henry’s chart, DOGE had been consolidating between two downward-sloping trendlines for several months. The upper trendline connects lower highs since the coin’s peak above $0.48, while the lower boundary captures a sequence of descending lows. Henry’s analysis draws a parallel between the current wedge and a similar structure that resolved in a 365% surge which started in October 2024. Over the past few days, Dogecoin broke out of the falling wedge pattern again, possibly setting the stage for another steep rise. Although Henry does not guarantee specific targets, he remarks that last time “Last time it did a similar thing was in Sep 24. 50¢ next, then $1.00,” concluding with a succinct instruction to “Trust the cycle.” At press time, DOGE traded at $0.19583. Featured image created with DALL.E, chart from TradingView.com
Dogecoin appears to be preparing for its next significant move, with a familiar price structure showing up on its price chart. According to crypto analyst (basictradingtv), the meme coin is playing out a trend of rounding bottom patterns and parabolic rallies, which have always sent its price to all-time highs. The current setup suggests that Dogecoin’s ongoing recovery from its March low may not just be a temporary bounce, but there’s a 100% chance it is the beginning of a much larger parabolic rally. Dogecoin Trading In A Familiar Cycle: 100% Chance Of Rally At the core of the bullish forecast is the recurrence of a well-known price pattern, the rounding bottom. Dogecoin is known for trading in multi-year cycles that start with a gradual bottoming formation, eventually leading to explosive rallies. This pattern, visible on longer-term charts, has formed again over the past several months. Related Reading: Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin? As shown in the monthly candlestick timeframe chart below, the rounding bottom played out during the time period between Dogecoin’s all-time high in 2021, the bear market in 2022, and the recovery phase in late 2024. The recovery led to Dogecoin pushing to new highs since 2021, which was probably the start of the parabolic rally phase. However, this time around, the anticipated parabolic rally was temporarily interrupted by a strong resistance zone. After reaching highs around $0.48 in December 2024, Dogecoin saw a rejection that has seen its price going on a correction path until it reached $0.1477 in early March. But rather than breaking below, this level acted as a solid support. Since then, the price rebounded slightly and has recovered to $0.2 at the time of writing. With this in mind, the analyst predicted that the bullish cycle is intact, with the parabolic leg of the pattern expected to unfold anytime soon. Monthly Candle Needs To Close Above Support Right now, the most important step is for Dogecoin to close its monthly candlestick for March above the key support level established during the recent market correction. If this is successful, it will certify 100% that a bullish parabolic rally will follow. The analyst also pointed out two important levels for Dogecoin in the coming weeks and months: $0.15 and $0.5. The $0.15 level was tested during Dogecoin’s sharp pullback earlier this month, when the price dipped to as low as $0.1477. Related Reading: Dogecoin Price Enters Order Block Zone That Could Trigger Rally To ATHs $0.15 now acts as the support level that should not be broken. The longer Dogecoin tests this support level, the longer the delay for the parabolic rally. Fortunately, the recovery from that zone has added technical strength to the argument that buyers are going to step in at that level. Meanwhile, $0.5 is identified as the primary resistance target ahead. Breaking through that resistance will confirm the start of a full-fledged parabolic rally, similar to the one that sent Dogecoin to its all-time high in 2021. At the time of writing, Dogecoin is trading at $0.2052, up by 10.8% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com
Dogecoin is staging a powerful comeback, reinforcing its resilience in the volatile crypto market. After enduring periods of uncertainty and downward pressure, DOGE has managed to reclaim the crucial $0.18 level, a price point that is now acting as a key battleground between bulls and bears. This level has emerged as a defining line in the sand; holding above it could fuel a strong rally, while dropping below might open the door for further declines. With increasing trading volume and renewed interest from investors, the stage is set for an intense showdown. Technical indicators suggest that momentum is shifting in favor of the bulls, but resistance levels ahead could still pose a challenge. As momentum continues to build, Will Dogecoin solidify its breakout and surge higher, or will the bears attempt to reclaim control? The Battle For $0.18: Why This Level Matters Dogecoin’s $0.18 price level has become the defining battleground between bulls and bears, marking a critical inflection point in its price action. This level has previously acted as both strong resistance and key support, making it a decisive line that could determine DOGE’s next move. Related Reading: Dogecoin Is ‘All Going To Plan,’ Says Crypto Analyst However, current price action suggests that bulls have taken the driver’s seat, showing strong buying pressure to help DOGE hold above the $0.18 level. The increasing demand and rising trading volume indicate growing confidence among traders, reinforcing the possibility of further upside movement. Furthermore, Dogecoin’s recent price action is backed by strong technical signals, with the Relative Strength Index (RSI) climbing above the 50 mark, indicating a shift toward bullish momentum. Significantly, this rise in RSI aligns with DOGE’s breakout above $0.18, reinforcing the argument that bulls are gaining control. If this bullish momentum persists, and the RSI continues to trend higher without entering overbought territory (above 70), it could signal more upside potential, with resistance targets at $0.24 and $0.29. A successful break above this level will send the price upward toward other resistance levels such as $0.35 and $0.4. What If Dogecoin Fails? Potential Downside Risks Dogecoin’s price action is at a critical juncture, and its ability to maintain bullish momentum depends on key support levels that might prevent a further downside move. After breaking above the $0.18 level, DOGE may face a pullback to this level for a retest. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 If DOGE falls below $0.18, the next major support zone sits around $0.12, a level where buyers have previously stepped in to defend price drops. An extended decline could see DOGE testing $0.09, an area of historical significance that could serve as a strong accumulation zone. Featured image from Adobe Stock, chart from Tradingview.com
Crypto analyst Kevin has provided an update on Dogecoin’s price structure, highlighting how multiple technical elements have converged to support his thesis that the meme coin remains on track despite recent volatility. The chart, which he first shared two weeks ago, reveals a confluence of Fibonacci retracement levels, descending yellow macro trend lines, and the positioning of the 200-week SMA (Simple Moving Average) and EMA (Exponential Moving Average). Dogecoin Follows ‘The Plan’ According to Kevin, these converging signals have collectively allowed Dogecoin to perform a critical macro back test, a process that—if successful—can often transition a market from a corrective phase into a new, more bullish phase. “We still got work to do folks but so far it’s all going to plan for Dogecoin,” Kevin wrote today via X. Related Reading: Dogecoin Is ‘Ready For The Next Big Move,’ Warns Analyst Central to his view is the 0.5 Fibonacci retracement level around $0.15382, which Dogecoin is currently hovering near. Derived from the coin’s larger swing high, the 0.5 retracement typically denotes a point of equilibrium in a bigger market move. This level also intersects with the yellow downward-sloping trend lines that have defined the macro resistance for Dogecoin since its earlier bull market peaks. The synergy between this retracement level and the trend line retest is a key reason Kevin believes the pullback remains orderly and “all going to plan.” Farther above, Dogecoin’s next Fibonacci milestone is the 0.236 level near $0.28013 (red horizontal band) that would likely need to be overcome for a more definitive uptrend to develop. Below current trading ranges, the chart highlights a cluster of potential support levels, including the 0.618 Fibonacci marker around $0.11767 and the 0.65 retracement near $0.10924. Although there is no guarantee Dogecoin’s price will drop to these thresholds, Kevin notes that if further consolidation were to occur, the coin might find stability in that zone. Related Reading: Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43 Additional deeper retracement points include the 0.786 level around $0.08035 and the 1.0 extension down near $0.04942—areas that, in previous cycles, provided meaningful bounces for tokens experiencing prolonged corrections. Meanwhile, the weekly moving averages in blue on the chart, specifically the 200-week SMA and EMA, offer further context for longer-term sentiment. They are currently running just below Dogecoin’s spot price, forming another layer of support. Kevin’s analysis also cites momentum data from the 3 Day RSI (Relative Strength Index), indicating that RSI readings have been near historically low levels for Dogecoin. Low RSI readings can sometimes suggest a market is oversold, which in turn raises the prospect of a relief rally or broader turnaround if other bullish catalysts emerge. He referenced four focal points he first identified in a post two weeks prior: the retest of the macro 0.5 Fibonacci zone, the descending trend line confluence, the back test of the 200-week SMA and EMA, and the notably low RSI values. He further emphasized that Bitcoin’s overall resilience, along with the evolution of macroeconomic data and central bank monetary policy, could shape whether Dogecoin’s price can capitalize on these technical signals. “If BTC holds up and Macro Economic Data and Monetary policy adjust then you just got your last opportunity to buy Dogecoin relatively cheap. A lot of factors at play and lots of work to do But the risk reward at this level is superb given the circumstances,” Kevin concluded twi weeks ago. At press time, DOGE traded at $0.1885. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst KrissPax has revealed that the Dogecoin price is mirroring a pattern from a previous bull run. Based on this, he raised the possibility of a price surge to $4 for the foremost meme coin. Dogecoin Price Mirroring 2017 Pattern As It Eyes Rally To $4 In an X post, KrissPax stated that the Dogecoin price continues to trade in a similar pattern to the 2017 bull cycle. He added that if the second large breakout of this cycle happens, DOGE could surge well over its current all-time high (ATH) of $0.73. His accompanying chart showed that the foremost meme coin could reach $4 when this price breakout occurs. Related Reading: Dogecoin Price Is Mirroring This Bullish Pattern From 2017, Next Stop $1.1? Crypto analyst Master Kenobi also recently mentioned that the Dogecoin price is mirroring a bullish pattern from the 2017 bull run. Like KrissPax, he also alluded to DOGE witnessing a second parabolic phase of its bull run, just like in 2017. However, he gave a more conservative prediction, predicting that DOGE could rally to $1.1 by June later this year. The Dogecoin price already looks set for the second phase of its bull run, seeing as the foremost meme coin looks bottomed. Crypto analysts like Trader Tardigrade also suggested that DOGE has bottomed, having dropped to as low as $0.14. Now, the foremost meme coin could be targeting new highs, especially with the Bitcoin price also in rebound mode. Crypto analyst Ali Martinez stated that the Dogecoin price is breaking out of a triangle, which can result in a 16% upswing. The target is a rally to $0.183, which could pave the way for a further rally to the psychological $0.2 price level. Dogecoin whales are also actively accumulating in anticipation of this price surge, as they bought over 120 million DOGE last week. A Breakout Has Yet To Occur While analyzing DOGE’s daily chart, Trader Tardigrade warned that the Dogecoin price hasn’t broken out just yet. His accompanying chart showed that the foremost meme coin needs to break above $0.185 to confirm the breakout. The analyst also noted that DOGE is struggling to break a descending trendline, as it continues to stay below this resistance after several attempts. Related Reading: Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin? However, the analyst provided some positives for the Dogecoin price, stating that the RSI has shown a breakout, indicating that DOGE has gained significant momentum recently. He added that a strong uptrend could occur if this momentum continues to build. The accompanying chart showed that the meme coin could record a parabolic rally to as high as $0.5 if it breaks above $0.185. At the time of writing, the Dogecoin price is trading at around $0.18, up over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Crypto analyst CobraVanguard has revealed the next price target for Dogecoin as an ascending triangle forms for the foremost meme coin. A rally to this price target could pave the way for the new highs, especially with the crypto market looking to be in rebound mode. Next Target For Dogecoin As Ascending Triangle Forms In a TradingView post, CobraVanguard set $0.197 as the next target for the Dogecoin price with an ascending triangle forming. He noted that this ascending triangle indicates a potential price increase. The analyst added that it is anticipated that the price could rise, aligning with the projected price movement of AB=CD. Related Reading: Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9 Meanwhile, CobraVanguard warned that it is crucial to wait for the triangle to break before taking any action. His accompanying chart showed that Dogecoin needs to break above $0.177 to confirm a break above the ascending triangle. A break above that target would then lead to a rally to the $0.197 target. Dogecoin already looks to be in rebound mode at the moment, alongside Bitcoin, which is nearing the $90,000 mark again. The foremost meme coin is nearing the $0.177 target for a break above the ascending triangle. As crypto analyst Kevin Capital suggested, DOGE will likely rally as long as BTC is in bullish territory. Crypto traders are also betting on a Dogecoin rally to the upside. Crypto analyst Ali Martinez revealed that 76.26% of traders with open DOGE positions on Binance futures are leaning bullish. This is particularly bullish because Binance traders have a good track record of being right most of the time. In another X post, Martinez revealed that whales bought over 120 million DOGE last week, which is also bullish for the foremost meme coin. DOGE’s Market Structure Has Shifted In an X post, crypto analyst Trader Tardigrade revealed that Dogecoin’s market structure has shifted. This came as he noted that Dogecoin is recovering from an ascending triangle, forming higher highs and higher lows from lower highs and lower lows. Related Reading: Dogecoin Price Stages Bounce From Lower Border Of Second Falling Wedge, New Targets Unlocked? Based on this, the analyst affirmed that Dogecoin had shifted the market structure from a downtrend to an uptrend on the hourly chart since it just formed the second higher high. His accompanying chart showed that DOGE is eyeing a rally to $0.177 as it continues to form higher highs. Martinez raised the possibility of the Dogecoin price rallying to as high as $4 or even $20 in the long term. He stated that if DOGE holds above the $0.16 support at the lower boundary of an ascending channel, history suggests that it could rebound toward the mid-range at $4 or upper range at around $20. At the time of writing, the Dogecoin price is trading at around $0.174, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pexels, chart from Tradingview.com
In a fresh market update shared on X, crypto analyst Kevin (@Kev_Capital_TA) presented a weekly DOGE/USD chart suggesting that Dogecoin could be nearing what he describes as a pivotal inflection point. He stated, “My Dogecoin Community it is about that time where I must provide you the Alpha you all desire. If we take a look at DOGE on the weekly time frame we can see that we received a weekly demand candle last week at the ‘Last line of bull market support’ that I pointed out a couple of weeks ago.” Analyst Sees Big Move Coming For Dogecoin He emphasized the significance of $0.139, calling it vital that Dogecoin maintain this level and explaining that, in his opinion, this zone represents a rare opportunity with “phenomenal” risk-reward potential. He noted, “It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset.” By referencing these oscillators, Kevin underscored that Dogecoin’s momentum profile seems to be approaching a state in which downward pressure could dissipate and bullish forces could resurface. He explained that the Weekly Stoch RSI, for example, is already fully reset, and that the 3-Day MACD is “getting closer to fully resetting,” while the Two-Week (2W) Stoch RSI may still need around another month before it is aligned with the lower, reset region. This combination of technical conditions often attracts traders who regard such convergences as signals that a market may be primed for a marked price move. Related Reading: Whales Accumulate Over 120 Million Dogecoin In Past Week – Analyst Kevin framed his outlook by saying, “In my opinion this continues to be a spot where the risk reward ratio on Doge is absolutely phenomenal given that if we lose $0.139 durable on weekly closes you can cut your trades/losses but your upside potential outweighs your downside risk by miles.” In essence, he is placing the onus on Dogecoin’s ability to remain above $0.139 on a weekly closing basis, because in the event of a sustained break below that line, the bullish thesis could be nullified and traders would likely reduce or exit long positions. Kevin also tied the coin’s fate to the broader crypto landscape, making it clear that a resilient Bitcoin price would be critical if Dogecoin is to maintain its footing near $0.139. He stated, “As long as BTC holds these levels and does not lose 70K then I absolutely love this spot on DOGE,” which reveals his assumption that a weakening Bitcoin would threaten bullish altcoin setups. Related Reading: Dogecoin Faces 1929-Style Reckoning, Bloomberg’s McGlone Warns Even so, he said, “If I were ever looking to properly allocate into Doge then I would definitely take advantage of this spot from a trade perspective,” reflecting his belief in the coin’s potential to remain stable in this range and potentially rally once those higher time frame indicators fully reset. This does not guarantee an imminent Dogecoin rally, but it underscores why Kevin believes the current market structure could allow for greater upside than downside, and why many traders and on-chain enthusiasts are closely monitoring these specific conditions. In summarizing his view of what may come next, Kevin explained, “From a holders perspective it is pretty simple. You have to hold $0.139 while these higher time frame indicators reset and get ready for the next big move.” This sentiment hinges on the notion that once these key momentum and trend-following signals swing from reset levels back toward an upswing, a rally could unfold if external factors (particularly Bitcoin’s performance) remain supportive. He has thus labeled the $0.139 zone as a make-or-break support level—one that, if breached on the weekly chart, could invalidate his bullish stance. If it holds, however, Kevin believes Dogecoin is “ready for the next big move.” At press time, DOGE traded at $0.17534. Featured image created with DALL.E, chart from TradingView.com
Bloomberg Intelligence’s chief commodity strategist, Mike McGlone, has issued a stark caution to Dogecoin holders and the broader crypto community by drawing comparisons to historical instances of market excess. In a series of recent posts published on X , McGlone invoked the years 1929 and 1999—the notorious eras of the stock market crash and the dot-com bubble—to underscore the risks of speculative “silliness” in digital assets. Dogecoin Mirrors 1929-Style Risk He singled out Dogecoin in particular, emphasizing its vulnerability to a potential market reversion, while also pointing to gold as a beneficiary if risk appetite continues to deteriorate. “Dogecoin, 1929, 1999 Risk-Asset Silliness and Gold – The ratio of gold ounces equal to Bitcoin trading almost tick-for-tick with Dogecoin may show the risks of reversion in highly speculative digital assets, with deflationary implications underpinning the metal,” he wrote. Related Reading: Analyst Says Dogecoin Could Skyrocket 16% Any Moment The chart below shows how closely the meme-inspired cryptocurrency’s market cap has mirrored the Bitcoin-to-gold ratio. The tracking of these two metrics suggests that whenever the relative value of Bitcoin to gold experiences a shift, Dogecoin’s trajectory pivoted sharply, exposing it to the same market forces that have historically challenged highly speculative assets. McGlone’s broader thesis does not end with Dogecoin. In another post, he turned attention to the notion of gold reaching $4,000 per ounce, linking such a possibility to dynamics in the bond market and to potential declines across risk-on sectors, including cryptocurrencies. “What Gets Gold to $4,000? 2% T-Bonds? Melting Cryptos May Guide – A path toward $4,000 an ounce for #gold could require something that’s typically a matter of time: reversion in silly-expensive risk assets, notably cryptocurrencies,” he stated. He underscored that if the US stock market were to remain under pressure, bond yields might eventually be pulled lower by the comparatively meager 2% or lower yields seen in China and Japan. Such a scenario, in McGlone’s view, adds tailwinds for gold because a shift from relatively high-yielding Treasuries to lower-yielding government bonds abroad could drive investors toward alternative havens. Related Reading: Analyst Predicts Dogecoin And Altcoins’ Next Surge – Here’s The Timeline The chart shared by McGlone reinforces his analysis of decelerating demand for risk assets. One visual, titled “Elevated US Stocks, Bond Yields vs. China, Japan,” displays the persistent divergence between US Treasury yields, which hover around the 4.19% mark, and the comparatively subdued rates of Chinese and Japanese government bonds, situated closer to 2% and 1.51% respectively. The graphic also portrays the S&P 500’s market cap-to-GDP ratio, which remains historically high despite recent volatility. McGlone’s conclusion is that continued pressure on equity markets, combined with global bond rates that sit well below US yields, could accelerate a rotation into gold if investors perceive a downturn in “expensive” asset classes, including risk assets like Dogecoin. A third post addressed the broader altcoin market, with McGlone pointing to Ethereum as a leading indicator of whether the overall trend has turned bearish for digital assets. “Has the Trend Turned Down? Ethereum May Guide – Ether, the No. 2 cryptocurrency, is breaking down, with deflationary implications and gold underpinnings,” he noted. At press time, DOGE traded at $0.16663. Featured image created with DALL.E, chart from TradingView.com
Two respected crypto analysts, Ali Martinez (@ali_charts) and CW (@CW8900), have each published technical charts indicating that Dogecoin (DOGE) appears poised for a significant price move. Their analyses, while conducted on different timeframes, both highlight breakouts from constrictive patterns that have prevented any major swings over the last few weeks. Dogecoin Could Surge 16% (1-Hour Chart) Ali Martinez presented a one-hour Dogecoin chart on X that shows the token trading within a narrowing range defined by a symmetrical triangle. According to Martinez, DOGE initially saw a steep decline—approximately 16.46%—from around $0.18, dropping just above $0.14 before recovering and forming progressively higher lows. The upper limit of the triangle rests near $0.18, while the lower support line extends upward from the vicinity of $0.144. Martinez points to the $0.16–$0.18 corridor as a key area that has contained Dogecoin’s price action. He remarks that a clear and convincing hourly close above this zone might release the buying pressure that has been consolidating over the past ten days. Citing symmetrical triangle theory, Martinez estimates that such a breakout could spark a 16% upswing from the breakout point. “Dogecoin will break out! A close outside $0.16-$0.18 could trigger a 16% price move,” Martinez wrote via X. Related Reading: Dogecoin Shark & Whale Population Rises—Price Turnaround Incoming? Falling Wedge Breakout (1-Day Chart) CW, on the other hand, shared a daily Dogecoin chart illustrating what he interprets as a falling wedge formation stretching back to December 2024, when DOGE briefly climbed to around $0.48 before reversing course into a prolonged downtrend. In a falling wedge, the price typically forms lower highs and lower lows, converging toward a narrowing apex. CW notes that Dogecoin has finally crossed above the wedge’s downward-sloping resistance line yesterday, an event widely viewed as a bullish reversal signal once the breakout is confirmed by subsequent candles holding above that line. Related Reading: Dogecoin At Make-Or-Break Point After Multi-Year Trendline Test CW’s analysis relies heavily on Fibonacci retracements drawn from DOGE’s most recent major upswing. He identifies crucial Fibonacci levels at $0.2027 (the 0.236 retracement), $0.2564 (the 0.382 retracement), $0.2999 (the 0.5 retracement), $0.3433 (the 0.618 retracement), $0.40513 (the 0.786 retracement), and $0.4839 (the 1.0 retracement). These levels often serve as potential price floors or ceilings in either bullish or bearish market environments. CW believes that now that the token has escaped its descending wedge, it could climb through these retracement levels in succession, provided the broader market remains supportive. Ultimately, he sets his sights on the 1.618 Fibonacci extension at $0.71. At press time, DOGE traded at $0.17. Featured image created with DALL.E, chart from TradingView.com