Dogecoin was changing hands near $0.174 in European trading on Thursday, extending a two-day rebound that began when buyers twice defended the mid-June floor around $0.16. The 11% recovery since the Tuesday low has put the largest memecoin back on traders’ radars, but technical analyst More Crypto Online cautions that what looks like an impulsive burst is in fact “all corrective in nature,” with the market still trapped inside a complex diagonal wave pattern that could just as easily fail. Dogecoin Is Quietly Coiling For A Potential Breakout In a video update recorded on 2 June, the analyst dissected the one-hour chart and concluded that the advance from the 22 June low is best counted as a three-wave move. “Because wave 1 … was only a three-wave move, the third wave should unfold as an ABC structure,” he said, underscoring that the rally lacks the five-wave DNA of a trend reversal. Even so, as long as Dogecoin defends what he called a “micro-support area between $0.16 and $0.166,” the diagonal remains valid and a measured target at $0.196—the 138 percent Fibonacci extension of wave 1—“remains plausible.” The roadmap is conditional. First, the current A-wave has to finish; then a corrective B-wave should follow, “and in the C-wave we could then rally to round about $0.196.” A probe toward $0.182 before that pullback cannot be ruled out, but the analyst warned viewers not to assume a straight shot higher. “Please be aware that we could be dealing with very choppy and messy structures,” he said. Related Reading: Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside If bulls do force a full five-wave climb from the July swing low, that sequence would mark the first leg of a larger five-wave advance—a textbook signal that the broader down-trend from Dogecoin’s March peak may finally be exhausted. Failure to hold $0.16, however, would invalidate the diagonal count and expose the June lows near $0.151, where on-chain data show a thin layer of spot bids and little derivative support. Market context is mixed. CoinGecko data show Dogecoin’s 24-hour turnover has topped $1.5 billion, roughly in line with last week’s average, while the memecoin’s correlation with Bitcoin has weakened to 0.62, its lowest reading since early May. Related Reading: Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit In the short term, though, all eyes are on the $0.16 band. As More Crypto Online summed up, “The diagonal pattern basically remains plausible as long as we’re holding that $0.16 level.” Should that floor survive the inevitable B-wave turbulence, Dogecoin’s “quiet setup” might indeed detonate shortly—propelling the token toward $0.196 and potentially signalling a more durable trend change. Notably, the upper boundary of Dogecoin’s long-running descending channel in the daily chart, now situated near $0.20, lines up almost exactly with More Crypto Online’s bullish target. A decisive breakout through this confluence would not only pierce the ceiling that has capped prices since the December 8 high at $0.4843 but could also validate the analyst’s call for a trend reversal. At press time, DOGE traded at $0.174. Featured image created with DALL.E, chart from TradingView.com
Dogecoin started a fresh increase above the $0.1650 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1720. DOGE price started a fresh increase above the $0.1620 and $0.1650 levels. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1640 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1720 zone and $0.1800. Dogecoin Price Faces Hurdles Dogecoin price started a fresh increase from the $0.1565 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1600 and $0.1620 resistance levels. The bulls even pushed the price above the $0.170 resistance. Besides, there was a break above a key bearish trend line with resistance at $0.1640 on the hourly chart of the DOGE/USD pair. A high was formed at $0.1726 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $0.1565 swing low to the $0.1726 high. Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1710 level. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1720 level, it could start another decline. Initial support on the downside is near the $0.1650 level or the 50% Fib retracement level of the upward move from the $0.1565 swing low to the $0.1726 high. The next major support is near the $0.1620 level. The main support sits at $0.1560. If there is a downside break below the $0.1560 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1450 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1650 and $0.1620. Major Resistance Levels – $0.1720 and $0.1800.
Dogecoin is revisiting a technical juncture it has not seen since the months preceding its 2020–21 parabolic rally, according to a comparative chart published by the pseudonymous analyst Kaleo to his 705,000 followers on X. In the annotated TradingView graphic, weekly candles for DOGE-USD trace two multi-year falling wedge structures—one stretching from the January 2018 high to early 2021, and an almost mirror-image pattern extending from the May 2021 peak until today. History Repeating For Dogecoin? The first wedge resolved in late 2020 with a decisive breakout above a descending trend-line that had capped every rally for more than thirty-six months. Kaleo marks that moment with a yellow label reading “We are here” at roughly $0.003, immediately before the price detonated to the cycle top near $0.75 in May 2021. Related Reading: Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit The current structure shows the same downward-sloping resistance—now anchored by successive lower highs from $0.16 in late 2022 to $0.11 in late 2023—finally giving way. Since the, DOGE has recorded higher highs in April at $0.22 and in December 2024 at $0.48. Friday’s close printed at $0.1604, still below the psychological $0.20 threshold but fractionally above the dotted secondary resistance that has defined the wedge’s upper boundary since mid-2022. Kaleo’s overlay projects the 2020 breakout trajectory forward in time, mapping a near-vertical thrust from the present $0.16 area to roughly $0.55, a brief consolidation, and a continuation leg that tops close to $3.50. While this upper target hasn’t ever been printed in DOGE’s history, the analyst’s replica path underscores how little overhead structure exists once price escapes the wedge. Related Reading: Dogecoin Flashes Rare Buy Signal—But One Move Could Ruin It A key role in the chart are playing the two vertical dashed lines labeled “BTC Halving”: 12 May 2020 and 21 April 2024. In Kaleo’s read, Dogecoin’s macro reversals are synchronized with Bitcoin’s quadrennial supply shock, implying that the breakout could be a post-halving echo of the 2020 move. Price construction within the wedge also mirrors the earlier cycle: successive lower highs and higher lows compress volatility until an impulsive weekly bar pierces resistance. The horizontal line intersecting the new breakout—will be the first major test of post-wedge momentum. Below, the lower dashed boundary intersects in the region between $0.10 and $0.09; a weekly close beneath that floor would invalidate the fractal. Kaleo distills the setup into a single line: “Dogecoin under 20 cents is free.” On the chart’s scale, the red quote-box at $0.1604 sits a hair’s breadth under the $0.20 psychological band, reinforcing the idea that the risk-to-reward profile remains asymmetric so long as price stays below that number. Whether history rhymes as precisely as the analyst’s fractal suggests will hinge on broader market liquidity and Bitcoin’s dominance, but from a purely structural perspective the meme-coin has already checked the same boxes it did four years ago. And the US Federal Reserve money printer hasn’t even started roaring again. At press time, DOGE traded at $0.161. Featured image created with DALL.E, chart from TradingView.com
Dogecoin formed a bullish double bottom pattern, gaining over 2% to more than 16 cents.
Publicly traded cannabis company Dogecoin Cash Inc. is embracing the real DOGE after previously stockpiling a derivative meme coin.
On-chain data shows Dogecoin is the only cryptocurrency among the top 10 where investors are currently realizing more losses than profits. Dogecoin Investors Realized $124 Million In Loss Over The Last 24 Hours In a new post on X, the on-chain analytics firm Glassnode has shared how the major cryptocurrencies compare against each other in terms of the Realized Loss and Realized Profit metrics. Related Reading: XRP Down 3% After SEC Settlement Stalls, But Social Media Turns Bullish These indicators measure, as their names already imply, the amount of loss/profit that the investors on a given network are realizing through their transactions right now. The metrics work by going through the transfer history of each coin being sold to see what price it was moved at prior to this. If this previous value is less than the price that the coin’s now being sold at, then the token’s sale is leading to profit realization. On the other hand, it being higher suggests loss realization. The Realized Profit sums up the difference between the two prices involved in all sales of the former type, while the Realized Loss does the same for the latter ones. Now, here is the table shared by the analytics firm that shows how the 24-hour values of the two metrics currently stack up for the top 10 coins by market cap: As is visible above, the scale of the Realized Loss and Realized Profit differs greatly between the different assets, but one pattern is consistent: the latter outweighs the former, implying a trend of net profit-taking from the investors. One asset, however, doesn’t fit the mold: Dogecoin. The 24-hour Realized Loss for the memecoin stands at around $132 million, while the Realized Profit is much lower with a value of just $5 million. As such, it would appear that while the participants in the rest of the sector have been harvesting gains, DOGE holders have been panic capitulating at a loss instead. Among these top coins, the investors of Bitcoin have realized the largest profit, with the indicator’s value sitting at a whopping $1.3 billion. The Realized Loss is also restricted to just $33 million for the number one cryptocurrency, indicating selling has been heavily lopsided toward profit-taking. Related Reading: Bitcoin Binance Open Interest Shoots Up: Warning For BTC? Things are more balanced for Ethereum, the digital asset ranked number two. Its Realized Loss of $18.4 million is roughly half that of its Realized Profit of $35.2 million. The fact that profit realization is so dominant for the likes of Bitcoin, however, might actually be a bearish sign. Historically, such market conditions have made tops more likely. A dominance of loss-taking, on the other hand, can facilitate reversals to the upside. As such, while not a given, Dogecoin may not be in a bad position, at least in this regard. DOGE Price Dogecoin touched the $0.170 mark during the weekend, but the memecoin has seen a retrace under $0.165 to kick off the week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Dogecoin started a fresh increase above the $0.160 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1680. DOGE price started a fresh increase above the $0.1520 and $0.160 levels. The price is trading above the $0.1620 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1650 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1680 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh increase above the $0.1450 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1550 and $0.160 resistance levels. The bulls even pushed the price above the $0.1650 resistance. A high was formed at $0.1699 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1572 swing low to the $0.1699 high. Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.1650 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1680 level. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Drop In DOGE? If DOGE’s price fails to climb above the $0.1680 level, it could start another decline. Initial support on the downside is near the $0.1660 level or the trend line zone. The next major support is near the $0.1620 level and the 61.8% Fib retracement level of the upward move from the $0.1572 swing low to the $0.1699 high. The main support sits at $0.160. If there is a downside break below the $0.160 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1450 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1650 and $0.1620. Major Resistance Levels – $0.1680 and $0.1800.
Dogecoin has spent the majority of the past five days trading within a tight range between $0.156 and $0.165. Notably, the meme coin is now showing early signs of stabilization after its steep correction earlier this month, with bulls beginning to reclaim ground after a drop below the $0.17 price barrier. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength Reclaiming the $0.17 level is important, according to technical analysis of Dogecoin’s price. This technical backdrop sets the stage for a projected price move to $0.21. TD Sequential Flashes Buy Signal For Dogecoin Dogecoin’s 3-day candlestick timeframe chart shows that the meme coin is currently trading just above an ascending trendline that dates back to late 2023, which has acted as a key support level across multiple correction cycles. Despite the recent volatility, the price structure appears to be ready for a possible bounce move from here due to the formation of less volatile candlesticks and higher lows just above the 0.5 Fibonacci retracement level around $0.165. Taking to the social media platform X, crypto analyst Ali Martinez revealed an interesting bullish signal taking place on the same 3-day candlestick timeframe. According to Martinez, Dogecoin has just triggered a buy signal on the 3-day TD Sequential indicator. This tool, which identifies trend exhaustion and possible reversals, has been quite useful in predicting buy and sell zones this cycle. However, the bullish outlook depends on Dogecoin reclaiming the $0.17 price level, which is now working as some sort of resistance. Martinez noted that a breakout above this price level could allow Dogecoin to rebound to $0.21. Notably, this $0.21 price target coincides with the 0.618 Fibonacci extension from Dogecoin’s October 2023 low. Image From X: @ali_charts Path To $0.21 Needs Enough Volume For Dogecoin to confirm a return to $0.21, market participation must return in a meaningful way. This is because Dogecoin’s trading volume has been notably low over the past few days. According to data from CoinMarketCap, Dogecoin’s 24-hour trading volume is currently at just $400 million, which is a 36.7% decrease from the previous day. This level of activity is significantly below Dogecoin’s usual trading volume during periods of upward momentum. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Such a slowdown in volume suggests that, despite the bullish technical signal from the TD Sequential indicator, the necessary follow-through from buyers is yet to be confirmed. At the time of writing, Dogecoin is trading at $0.1637, up by 1.7% in the past 24 hours. Until volume picks up, Dogecoin may continue to consolidate or even drift sideways, regardless of the bullish indicators. Unless there’s strong interest and stronger inflows, the breakout setup could fizzle out or result in another rejection at $0.17. Featured image from Unsplash, chart from TradingView
Dogecoin appears to be in the midst of a quiet accumulation phase, with a technical setup that may soon shift market sentiment. As highlighted by Crypto Man MAB, a double bottom pattern is taking shape on the weekly chart — a structure often associated with strong trend reversals. Structure Aligns With Sentiment: Is Dogecoin Poised For A Comeback? According to Crypto Man MAB in a recent post on X, Dogecoin appears to be setting the stage for a potential upward move, with a classic double-bottom pattern taking shape on the weekly chart. This pattern, often seen as a signal of a bullish reversal, has caught the attention of traders who are closely watching for confirmation. The current chart structure suggests that Dogecoin could be gearing up for a significant trend shift, provided the conditions align in favor of the bulls. Related Reading: Spot Dogecoin ETF Gains SEC Traction—Is A Price Surge Next? At the center of this formation is the key support level at $0.142, which Crypto Man MAB emphasized as being critical to the potential breakout. This level was previously tested and held by bulls back in April 2025, demonstrating its strength as a defensive zone. If the support holds and bullish momentum continues to build, Crypto Man MAB pointed out that the next major focus will be on the neckline resistance around $0.26. A successful breakout above this point could validate the double-bottom pattern and open the door for a rally toward the $0.47 target. Downtrend Fatigue Sets In—Will The Bulls Take Over? Crypto Man MAB further noted that the ADX indicator, which is currently trending downward, signals a weakening of the recent downtrend from the neckline resistance. A slowdown in trend strength often precedes a shift in direction, and in this case, it supports the idea that Dogecoin could be preparing for a reversal. Related Reading: Dogecoin Sets The Stage For A Liftoff With Key Reversal Pattern At the same time, attention has turned to the Relative Strength Index (RSI), which is hovering just below the neutral 50 level. While there are signs of increased buying interest, the RSI has yet to cross into bullish territory. Crypto Man MAB indicated that a decisive move above the 50 mark would significantly reinforce the bullish scenario, increasing the likelihood of a sustained rally. Until then, some sideways consolidation around the $0.142 support level remains possible. In conclusion, Crypto Man MAB believes Dogecoin is at a critical juncture, buoyed by market optimism surrounding the potential approval of a spot DOGE ETF. With both retail traders and larger investors (whales) accumulating at these levels, the stage is set for a possible breakout. Should current technical conditions improve and sentiment remain favorable, the path toward the $0.47 target could soon come into focus. Featured image from Getty Images, chart from Tradingview.com
Bitwise Asset Management has quietly nudged Dogecoin one step closer to Wall Street’s ETF club, filing an amended S-1 on 26 June that for the first time allows “in-kind” creations and redemptions. The tweak is more than procedural. It lines the proposed Bitwise Dogecoin ETF up with the operational playbook the US Securities and Exchange Commission already blessed for spot-bitcoin and spot-ether products, and it signals that SEC staff are now deep in the weeds on the mechanics of custody and settlement. Signs Point To Dogecoin ETF Approval “Bitwise has filed amended S-1s for their spot Dogecoin ETF and their spot Aptos ETFs. Good signs as it indicates SEC engagement, and tracks with other spot approvals,” Bloomberg Intelligence senior ETF analyst Eric Balchunas wrote on X. He underscored the importance of the new language: “One HUGE update to the filing is ‘in-kind’ creations and redemptions… Near-lock at this point that in-kind will be allowed in spot ETFs across board.” Related Reading: Dogecoin Flashes Rare Buy Signal—But One Move Could Ruin It The change matters because in-kind processing lets authorized participants swap DOGE directly for ETF shares (and vice versa) without the tax friction and slippage that accompany the cash-only model imposed on futures-based crypto funds. The SEC’s willingness to consider that structure for a dog-branded altcoin would have seemed fanciful a year ago. It now appears consistent with the regulator’s post-bitcoin-ETF détente, during which issuers also sought in-kind redemptions. Approval odds are converging on the high end of the spectrum. Less than a week ago, Balchunas and fellow analyst James Seyffart raised their probability for “the vast majority” of pending altcoin ETFs—including Dogecoin—to “90 percent or higher,” citing what Seyffart called “very positive” SEC engagement. Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target Notably, that optimism has not fully washed into prediction markets: on Polymarket, the contract titled “Doge ETF approved in 2025?” was trading around 69% early Friday morning in Europe, while a shorter-dated line for approval by 31 July priced in barely 13% odds. Dogecoin Price Stalls (For Now) Dogecoin itself has yet to reflect the regulatory tail-wind. The token changed hands near $0.161—down roughly 2% on the day. Technical trader Kevin (@Kev_Capital_TA) argues that bulls still control the longer-term picture: on his weekly chart, DOGE has respected a momentum breakout line traced back to late-2022 on five separate tests, each time spring-boarding into “major bounces.” He pegs the “line in the sand” at the $0.143–0.127 support band: “ Yet Kevin cautions that meme-coin exuberance ultimately hinges on the Federal Reserve, not tweet-driven hype. In a separate post this week, he noted that fresh highs in bitcoin dominance continue to ride “restrictive monetary policy and an uncertain geopolitical environment.” Alt-season, he wrote, will require the end of quantitative tightening and a tangible decline in the US terminal rate—conditions absent since late-2023 and still distant according to Fed-funds futures. At press time, DOGE traded at $0.16123. Featured image created with DALL.E, chart from TradingView.com
Dogecoin showed a sudden rebound this week, sparking fresh talk of a major rally in the weeks ahead. After dipping to $0.142 on Sunday, the meme coin has climbed back above $0.16. Related Reading: Bunker Buster: Ethereum Titans Stake $100 Million Amid US-Iran Hostilities According to market watchers, this bounce off long-term support could set the stage for a much bigger move, possibly as soon as July. Chart Pattern Points To Support Analysts have noted that Dogecoin’s slide to $0.142 fits neatly into a rising pattern of higher lows. Based on analysis, the dip hit a multi-year trendline that first showed up in October 2023. At that time, prices fell to a similar zone before reversing. Once Dogecoin found footing, it moved into an ascending channel, forming a steady string of higher highs and higher lows on the weekly chart. $DOGE $1 https://t.co/KgAc4sZ2LN — WIZZ???? ( beware scammers ) (@CryptoWizardd) June 24, 2025 July Could Be The Launchpad Meanwhile, crypto analyst WIZZ have predicted that Dogecoin’s next leg up could begin in July. If the current support holds, they argue, DOGE may pick up speed and push toward the wedge’s tip and hit $1. The analyst’s chart shows a potential rally to $1.40, which would mark a 740% jump from today’s levels and blow past the $1 mark that many have eyed for years. Multiple Forecasts Add Fuel To The Debate This isn’t the first time experts have set sights on $1 for Dogecoin. Galaxy Research put the $1 target on its radar before the end of 2025. Javon Marks, in his own analysis, sees DOGE breaching $1.25 by riding a bullish continuation pattern. Other analysts have called for a 500% surge after a falling-wedge breakout in March. $0.6533 for $DOGE with a high likeliness of a break above, bringing $1.25+ into play! (Dogecoin) https://t.co/ltCEos1E8w — JAVON⚡️MARKS (@JavonTM1) June 21, 2025 Short-Term Gains Vs. Long-Term Risks Dogecoin’s recent turn higher adds about 10% to its weekly lows, and it’s up roughly 5% over the last weekly session, trading near $0.166. But critics point out that DOGE lacks the fundamental backing of tokens that power major networks. Its price moves largely on community enthusiasm and hype. If Bitcoin or the broader crypto market cools off, Dogecoin could see sharper drops than more established assets. Related Reading: Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push What Traders Should Keep In Mind For those thinking of jumping in, this setup is a double-edged sword. A 500% move in one month would be historic—even by meme-coin standards. But that kind of rally demands perfect market conditions and lots of buying momentum. If support breaks again, losses could come just as fast. Traders who choose to play this rebound may want to set clear profit targets and tight stops. Featured image from Unsplash, chart from TradingView
Dogecoin changed hands near $0.162 in late-European trading on June 26, little changed on the day but still more than 13% above last Sunday’s swing low. Yet beneath that placid price action, the market is balancing on what YouTube analyst More Crypto Online calls “a wait-and-see situation” that could ignite either a decisive upside impulse or a slide back toward $0.14. Dogecoin Teeters On The Edge In a video published yesterday under the headline “Is DOGE About to CRASH or SOAR? Price Analysis & Scenarios,” the Elliott-wave commentator argues that the advance from the June 22 bottom remains incomplete. “The Doge chart is currently still, yeah, trying to reverse here to the upside from the swing low that formed on the 22nd of June,” he says at the outset, stressing that the rise so far is “only a three-wave move.” Because the structure has not yet printed the full five-wave sequence that typically inaugurates a new bullish trend, he cautions traders against assuming the worst is over. Related Reading: Dogecoin Flashes Rare Buy Signal—But One Move Could Ruin It The technician locates that June 22 low inside a demand band between $0.15 and $0.14, a zone that also includes the 78.6 percent Fibonacci retracement of the May–June rally and sits just above April’s cycle through—his hard “invalidation point.” From there, Dogecoin bounced in what he labels an a-b-c recovery, with the third wave peaking at $0.169, exactly the 1.618 Fibonacci extension he looks for in a “healthy third wave.” If price can now carve a fourth-wave higher low and extend to a fifth-wave high near $0.174–$0.177, the analyst says, “we actually get five waves up and then we can add support … and we have a setup.” Until that confirmation, the move remains a “chameleon-like” B-wave—prone to deeper pullbacks than the more bullish wave-two alternative. The line in the sand is $0.158. “Any break now below $0.158 cents would indicate the upside-reversal attempt is failed and we fall back into the support region, maybe we’ll even test the $0.14 level,” he warns. Conversely, holding that micro-support and punching through the $0.17 handle would provide the first “evidence” that a durable bottom has formed. Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target The stakes are high because, as the analyst points out, confirmation of a five-wave impulse would force subsequent corrections to respect a higher-low framework, allowing traders to reposition with clearer risk parameters. Failure would likely drag Dogecoin back into the wide consolidation range that has dominated June and risk flipping sentiment toward a protracted downside grind. For now, the memecoin’s near-term fate rests on whether buyers can engineer that final fifth-wave pop without first violating $0.158. “At the moment,” he concludes, “we’re in a wait-and-see situation to see if we actually get five waves up.” Until the chart resolves, Dogecoin remains suspended between a technical breakout and another leg down—boom or bust hinging on a single intraday signal. At press time, DOGE traded at $0.161. Featured image created with DALL.E, chart from TradingView.com
The updated paperwork also suggests in-kind creations could be coming for a range of crypto ETFs, said an analyst.
Dogecoin started a fresh increase above the $0.1550 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1680. DOGE price started a fresh increase above the $0.150 and $0.1550 levels. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.180 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh increase above the $0.1420 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.150 and $0.1550 resistance levels. The bulls even pushed the price above the $0.1620 resistance. A high was formed at $0.1677 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1427 swing low to the $0.1677 high. Dogecoin price is now trading above the $0.160 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1680 level. There is also a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1680 level, it could start another decline. Initial support on the downside is near the $0.1620 level. The next major support is near the $0.1550 level and the 50% Fib retracement level of the upward move from the $0.1427 swing low to the $0.1677 high. The main support sits at $0.1550. If there is a downside break below the $0.1550 support, the price could decline further. In the stated case, the price might decline toward the $0.1420 level or even $0.1350 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1620 and $0.1550. Major Resistance Levels – $0.1680 and $0.1800.
The Dogecoin price is in focus, having closed the daily candle with a Doji. Crypto analyst Trader Tardigrade commented on this development and revealed what it could mean for the foremost meme coin. What’s Next For Dogecoin Price Following Doji Daily Close In an X post, Trader Tardigrade highlighted the fact that the Dogecoin price daily candle closed with a Doji. He remarked that a new sign of a breakout has emerged following a Doji at the end of a downtrend. The analyst noted that this indicates a high possibility of a trend reversal from downtrend to uptrend. Related Reading: Dogecoin Price Enters Historical Bounce Zone, But Will This Time Be Different? The Dogecoin price has witnessed a massive decline over the last month, down over 27% during this period, according to CoinMarketCap data. DOGE has dropped way below the psychological $0.2 price level, providing a bearish outlook for the meme coin. However, Trader Tardigrade’s analysis suggested that the meme coin could soon record another massive rally to the upside. The analyst’s accompanying chart showed that the Dogecoin price could reclaim the $0.2 level on this projected trend reversal to the upside. Fundamentals also support a DOGE rally, seeing as tensions in the Middle East have cooled off, with Israel and Iran agreeing to a ceasefire. Meanwhile, the Bitcoin price has again rallied and reclaimed the $106,000 level. This is bullish for the meme coin given its correlation with the flagship crypto. In another X post, Trader Tardigrade provided a bullish outlook for the Dogecoin price, stating that DOGE season could be approaching soon. He revealed that the DOGE/BTC pair has experienced the last shakeout, signaling the start of the meme coin’s season. His accompanying chart showed that Dogecoin could rally above $2 once this DOGE season begins. Key Levels To Watch For DOGE In a YouTube video, crypto analyst Kevin Capital highlighted the range between $0.12 and $0.142 as the key level to watch for the Dogecoin price. The analyst also alluded to DOGE’s weekly Relative Strength Index (RSI), stating that the meme coin cannot afford to drop below 38. He claimed that a drop could lead to the meme coin falling into a bear market structure. Related Reading: Dogecoin Price Crash Below $0.2: 4H Order Block Shows Exactly What’s Happening Kevin Capital then highlighted the DOGE/BTC pair, noting that the meme coin is at a critical level that it needs to hold above if it is to outperform Bitcoin later in the year. The analyst expects the meme coin to make a significant run and outperform the flagship crypto when the Fed begins to ease monetary policies. The analyst remarked that a positive for DOGE is that there are bullish indicators flashing for the meme coin on the daily timeframe. At the time of writing, the Dogecoin price is trading at around $0.16, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Dogecoin is once again at a technical crossroads, flashing a rare confluence of bullish indicators—but one wrong move could unravel the setup entirely. In his June 24 video analysis, crypto strategist Kevin (@Kev_Capital_TA) outlined why Dogecoin’s recent bounce from the $0.14 region may mark the beginning of a new uptrend—or the last gasp before breakdown. Dogecoin Hits Critical Zone “We’re hitting a very, very key level, folks,” Kevin stressed. “That being the weekly 200 SMA, the weekly 200 EMA, and again that macro 0.382 Fib.” The confluence of these levels between $0.143 and $0.127 marks what he calls a “make-or-break zone,” and Dogecoin is currently sitting right in the middle of it. The analyst previously entered a swing long position at $0.141, highlighting the area as a strong risk-reward trade zone. “Worst comes to worst, you could throw your stop loss below that level… but the upside is great,” he said. Since then, DOGE has bounced about 6–7%, but the real test lies ahead. Kevin noted that this level has acted as structural support since the end of the 2022–2023 bear market. The macro 0.382 Fibonacci retracement, drawn from Dogecoin’s full bull run top to its bear market bottom, aligns with long-standing trendlines and a weekly demand candle. “This is your zone,” he emphasized. “Mark this off on your charts.” Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target Yet despite the recent bounce, Dogecoin remains beneath all its major daily and 4-hour moving averages. The next critical resistance stands at $0.19. “If you can reclaim $0.19 on Dogecoin, you then break back into this range—the $0.19 to $0.26 range,” Kevin explained, calling it the key to any continuation higher. Until then, he cautions against assuming a full reversal is underway: “Let’s not get too crazy here… still a lot of work to do.” The RSI also tells a story. Kevin pointed out that Dogecoin’s weekly RSI has repeatedly bounced off the 38 level throughout the current bull cycle. The coin now hovers just above that zone once again. “Anything below 38 on this weekly RSI is going to be a breakdown of that $0.143 to $0.127 range, which would be very, very sketchy at that point,” he warned. Momentum indicators on multiple time frames are sending mixed signals. The daily chart is flashing oversold conditions, and Kevin’s custom indicator lit up with a buy signal. On the 3-day timeframe, market cipher’s momentum wave is “kind of trying to clip” upward, while money flow is beginning to tick slightly higher. “That three-day candle was very nice,” he added. “That’s the kind you want to see—strong demand candles at major support.” Related Reading: Dogecoin About To Explode? ‘Don’t Send It Too Hard,’ Analyst Warns Still, Kevin urged caution. “If that doesn’t work out and we start to head lower, the daily time frame doesn’t produce the buy signal, doesn’t produce much upside, we start to roll over—then you know your Dogecoin support.” DOGE/BTC Remains The Focus On the DOGE/BTC pair, Kevin noted that Dogecoin has returned to an “orange zone” he previously highlighted as critical support. The strength of that zone may determine whether DOGE can hold relative strength against Bitcoin—or continue to bleed lower as BTC dominance increases. “Doge will follow Bitcoin at the end of the day,” he reiterated. “Anyone not doing their Dogecoin analysis in tandem with Bitcoin and USDT dominance—be suspect of that analysis.” Kevin concluded with a warning rooted in experience. “I’ve been in this game a long time. The first move out of these patterns… sometimes it’s the wrong move. It traps people.” While a reversal may be underway, confirmation is everything—and the climb above $0.19 remains the gatekeeper. For now, Dogecoin teeters on the edge. The signals are there—but so is the risk. At press time, DOGE traded at $0.166. Featured image created with DALL.E, chart from TradingView.com
The news that Iran and Israel have agreed to a ceasefire brokered by US President Donald Trump may have marked the bottom for the Dogecoin price. Via X, independent chartist Maelius (@MaeliusCrypto) uploaded a weekly DOGE/USDT study that he believes is tracing an unusually clean, nested 1-2, 1-2 “spring-loaded” Elliott set-up – the kind of formation that often precedes an outsized third-wave rally. “DOGE … Market makers, please, don’t send it too hard,” the analyst joked on 23 June, imploring liquidity desks to let the structure mature before unleashing volatility. Dogecoin Ready To Explode? In Maelius’ count, the second of the two minor wave-twos ended last week when price tagged $0.142 and immediately snapped higher. That inflection, visible on his chart as the tip of a long lower wick, occurred exactly where the 200-week exponential moving average ($0.142) intersects a rising support trend-line that has tracked Dogecoin since late-2023 – a textbook area for long-term money to defend. The bounce printed on Sunday’s weekly close, giving technicians a hard reference point for risk. If the wave map is correct, the composite third wave that now follows could push into the $1.10–$1.30 corridor, Maelius annotates. A fourth-wave pause somewhere near $0.60 would then reset oscillators before a terminal fifth wave above $1.60 completes the cycle. While the analyst stops short of publishing time targets, the price levels are etched in full on the chart, making the roadmap unambiguous. Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target Underlying demand is also drawn into the picture. A broad green rectangle labelled “DEMAND” spans roughly $0.12–$0.17. Last week’s wick once again penetrated that zone before reversing, adding statistical weight to its importance. At the bottom of Maelius’ chart lies the WaveTrend Oscillator (WTO), comprising a fast line (WT1), a slow line (WT2) and a histogram that plots their spread. The analyst shades the band between about –60 and –30 in green to denote the oversold floor. Both momentum lines double-bottomed in that zone in autumn 2024 and April this year, immediately before price rocketed higher. Related Reading: Crypto Analyst Predicts $4 Dogecoin After Exhausted Selling Phase As of Sunday’s close WT1 prints –18.49 and WT2 –33.21, with the histogram at –22.80. In other words, momentum is cooling but could be reversing as it is touching Maelius’ bottom zone as in previous instances. Sceptics note that a nested 1-2 count can fail if price undercuts the second wave-two, and that liquidity-driven memecoins are intrinsically prone to whipsaw. Even Maelius tempered his enthusiasm in a follow-up exchange when a follower warned of a “choppy summer,” replying: “We are almost in July bro, one or two months of chop not changing anything if [it] happens.” For now the battleground is clear: as long as Dogecoin holds above the converging 200-week EMA–trend-line nexus and the upper rim of the demand zone, the wave thesis remains intact and the next directional verdict will belong to the market rather than the meme. At press time, DOGE traded at $0.1634, up 17% since the bottom on Sunday. Featured image created with DALL.E, chart from TradingView.com
Memecoin shows resilience despite market-wide volatility triggered by U.S.-Iran conflict in the past week.
Crypto markets bounce back after Trump’s surprise ceasefire announcement cools geopolitical tensions; traders eye altcoin rotation as weekend liquidations subside.
The price of Dogecoin continues to bleed, and crypto analyst Kevin (@Kev_Capital_TA) warns that the worst may still lie ahead. Citing an earlier bearish pattern, Kevin emphasized over the weekend that Dogecoin’s Head and Shoulders formation—identified nearly two weeks ago—is rapidly approaching its technical “measured move” target. But he also made it clear that the full downside potential has not yet played out. Dogecoin Collapse Far From Over? “I didn’t say we are there now,” Kevin clarified in a follow-up post, “the orange circle represents a zone of where the measured move could go, with a precise measured move target of the .786 fib at .119.” This $0.119 level aligns with a broader confluence of technical supports that are quickly becoming critical for DOGE’s structure. “The Head n Shoulders I pointed out on Dogecoin almost a couple of weeks ago is almost at its measured move target range. Certain daily indicators are also starting to enter inciting levels. Watching closely along with BTC and USDT Dominance for further confirmations,” he wrote. Kevin also highlighted the importance of the weekly 200 Simple Moving Average (SMA) and Exponential Moving Average (EMA), along with the macro .382 Fibonacci retracement and a long-term descending trendline. Related Reading: Crypto Analyst Predicts $4 Dogecoin After Exhausted Selling Phase Together, these levels form what he described as the “must-hold” zone, specifically between $0.1434 and $0.1265. A sustained breakdown below that region would likely confirm a macro bearish shift for the meme asset. What To Monitor Now Zooming out, Kevin sees Dogecoin’s fate as inseparably tied to Bitcoin and the wider altcoin market, which he describes as being in its weakest state in years. “So far 2025 has been more bearish for altcoins than 2024 and 2023,” he noted. “Worst year for Alts since the bear market in 2022.” The overwhelming strength of Bitcoin’s dominance has been a key factor in that trend. That dominance, Kevin argues, is not a temporary spike. “Fresh highs for BTC Dominance on the back of restrictive monetary policy and an uncertain geopolitical environment,” he wrote, referring to global macro conditions including persistent quantitative tightening (QT). He has long warned that without a pivot in central bank policy, any talk of a true “altseason” is premature. Related Reading: Dogecoin Looks Like ‘It Wants To Play Dead’—Again “Been saying since late 2023, early 2024—when AI coins were running crazy and people were saying it was #Altseason—that until QT ends and the terminal rate comes down, you will not see real sustainable altcoin outperformance. That continues to hold true.” His caution extends well beyond Dogecoin. In previous posts, Kevin identified key danger zones for Bitcoin and Ethereum, which he argues must be reclaimed to prevent broader market deterioration. “As long as BTC cannot break the $106.8K level and show real follow-through on 3D-1W time frames, then the market is in real danger,” he wrote. “Same for ETH not being able to break the $2700-2800 level.” For Dogecoin traders, the message is clear. The meme coin’s fate rests not just on its own technical health, but on a wider macro and intermarket structure that remains fragile. As long as Bitcoin struggles to hold above key breakout levels and US monetary conditions remain tight, the probability of a deeper Dogecoin correction remains high. Whether DOGE can stabilize above the $0.1265 level will be closely watched by traders in the days and weeks ahead. A loss of that zone, especially in conjunction with renewed Bitcoin weakness, could mark the beginning of a deeper and more painful phase for the once-beloved meme coin. At press time, DOGE traded at $0.152. Featured image created with DALL.E, chart from TradingView.com
DOGE rebounds from a 14-cent low as extraordinary trading volume establishes strong support levels.
Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1580. DOGE price started a fresh decline below the $0.170 and $0.160 levels. The price is trading below the $0.160 level and the 100-hourly simple moving average. There was a break above a bearish trend line forming with resistance at $0.1510 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1580 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after it failed to clear the $0.1720 zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.1600 and $0.1580 levels. The bears even pushed the price below the $0.1450 level. A low was formed at $0.1427 and the price is now attempting to recover. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.1718 swing high to the $0.1427 low. Besides, there was a break above a bearish trend line forming with resistance at $0.1510 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1580 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1550 level. The first major resistance for the bulls could be near the $0.1580 level. It is close to the 50% Fib retracement level of the downward move from the $0.1718 swing high to the $0.1427 low. The next major resistance is near the $0.1610 level. A close above the $0.1610 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1580 level, it could start another decline. Initial support on the downside is near the $0.1480 level. The next major support is near the $0.1440 level. The main support sits at $0.1420. If there is a downside break below the $0.1420 support, the price could decline further. In the stated case, the price might decline toward the $0.1350 level or even $0.1280 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1440 and $0.1420. Major Resistance Levels – $0.1580 and $0.1610.
Dogecoin edged up slightly to $0.17 on Friday, gaining 1.0% in the last 24 hours. Trading has thinned out this week, and Dogecoin has slipped almost 3% over the past seven days. Based on reports, investors are moving carefully as volume dropped 30% to about $678 million. Related Reading: Iran’s Top Crypto Hub Loses $82 Million To Hackers With Israeli Links—Details Trading Volume Drop Signals Caution According to on‑chain data, the slump in daily volume shows fewer traders are stepping in. That 34% slide in activity suggests a loss of momentum. Some market watchers say low volume often leads to whipsaws. When fewer coins change hands, even modest buys or sells can push prices sharply in either direction. #Dogecoin $DOGE looks prime for a 60% price move! All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend. So go to @coinexcom, sign up using my referral link https://t.co/73n8mWavUX, and join me in this trade! pic.twitter.com/Im27DBuBka — Ali (@ali_charts) June 19, 2025 Triangle Pattern Points To Imminent Breakout On charts stretching from early 2024 into mid‑2025, Dogecoin fits a symmetrical triangle. Prices have carved lower highs and higher lows as trendlines converge. Data from crypto analyst Ali shows, this narrowing range often precedes a major move. He notes the tip of the triangle is due by June 2025, which puts a deadline on when volatility should pick up. DOGE Bulls Eye Breakout According to Ali’s analysis, a daily close above $0.22 likely signals a bullish breakout. If that happens, he sees Dogecoin reaching roughly $0.35 or $0.36—about 60% higher than current levels. On the flip side, a drop below $0.16 could spark a sell‑off toward $0.10. Investors are watching those exact levels to decide whether to join buyers or cut losses. DOGE Price Forecast Digital Coin Price is on the optimistic end. They predict Dogecoin could go past $0.37 before year‑end and even test its old high of $0.74 again. Market Catalysts Could Tip The Scales Dogecoin’s swings often mirror the wider crypto space or follow social media buzz. A surge in Bitcoin or Ethereum prices could carry DOGE higher, while a broader sell‑off would magnify losses. Some traders also keep an eye on endorsements from well‑known figures and major exchange listings. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst Reveals Key Insight For now, patience may pay off. Traders will look for volume to confirm any move past $0.22 or under $0.16. Until then, expect choppy range‑bound action. The next few weeks will be critical as the symmetrical triangle tightens. If volume steps back in, Dogecoin could pick a clear direction—either a strong rally or a deeper correction. Featured image from Imagen, chart from TradingView
Dogecoin’s six-month consolidation is a coil, not a coffin, according to the pseudonymous technician Cantonese Cat, whose 19 June video marshals multiple time-frame evidence to argue that the meme-coin’s next directional break will be up—potentially as far as $4.13 before the current cycle tops out. Dogecoin Breakout Is Only A Matter Of Time The analyst begins by addressing sentiment. Retail comment threads have turned caustic, he notes, because price has slipped from last autumn’s spike and then “done nothing for months.” Yet such fatigue is precisely what bull-market retracements are meant to produce: “A lot of people are getting really bitter about Doge … that’s exactly how higher highs and higher low type situations are supposed to get you all frustrated. This is still a bull trend until proven otherwise.” Related Reading: Dogecoin Looks Like ‘It Wants To Play Dead’—Again At the highest zoom level, Dogecoin is tracing what he calls “still a cup and … still a handle until proven otherwise.” The first thrust of that handle halted almost exactly at the 0.786 Fibonacci retracement of the 2022–24 bear range—“a very important fib level here.” Because initial attempts rarely pierce that resistance, he expected rejection. What matters is where the pullback found support: “In the case of Dogecoin, it decided to go all the way down to 0.382, which is nothing unusual … this is actually a pretty important zone of this nice Adam-and-Eve double bottom.” The market is therefore testing, not violating, an historically powerful neckline. Zooming to the monthly chart, Dogecoin sits beneath what the analyst calls “a pretty thick Ichimoku cloud.” Two breakout attempts have failed, producing a pair of wicks that look ominous to casual chart watchers. Cantonese Cat disagrees: “We had a little bit of a false breakout here on the monthly … I think a third time is going to be the charm.” Beneath the cloud, six consecutive monthly candles have nested entirely inside the tall green bar printed last November. He interprets the formation—six inside bars—as latency building for a violent move: “You’re talking about consolidation with six inside candles forming a lot of energy here.” That compression is mirrored on the weekly time frame: “If you also look at the weekly here, you can also see that you have six inside candles over here too … that tells me that there is not much bearish energy necessarily left anymore. I think we’re closer to the bottom than the top.” Key structural support is supplied by a rising 20-month simple moving average, now at $0.1737. Price currently ticks below it, but the slope is still positive. Historically, such combinations resolve in favour of the trend: “If you have a 20-month moving average that is up-sloping, most likely this is just going to be a wick.” He cites an earlier cycle when Dogecoin wicked beneath the same metric before staging a dramatic reversal. Price action, he argues, is meaningless without context. “If I end up looking at Doge here on Coinbase and I pull up the volume here, you can also see that there is no selling volume here at all.” Binance, the world’s deepest Dogecoin market, shows identical inertia. “The selling volume is essentially non-existent,” he says, concluding that supply overhang has vaporised and only demand is required to propel a reversal. Twice before—in July 2023 and February 2024—identical volume droughts preceded V-shaped rallies: “Low selling volume over here, reversal once volume comes in … low selling volume over here, reversal once volume comes in.” Related Reading: Dogecoin Shows Signs Of Life With Bottoming Signal Daily-chart oscillators are beginning to corroborate the structural read. Dogecoin has just registered what Cantonese Cat labels a “treasure bottom”—his term for a localised capitulation whose candle body is far smaller than its wick. More formally, the relative-strength index has exhibited bullish divergence: price has etched lower lows while RSI turns higher. “Last time when you have some bullish diversions was right here … that was the local bottom right there,” he says, pointing to the October 2023 reversal. The pattern repeated in March 2024 and appears again today: “I think that we might be experiencing a trend change here relatively soon.” DOGE Price Targets Should volume arrive and price claw back through the 0.5 and 0.618 retracements, Cantonese Cat’s Fibonacci ladders flag successive targets. From the Binance dataset, “$1.60, $2.26 and $4.13, all of these are possibility for Dogecoin.” A composite feed of multiple exchanges tweaks the numbers to $1.50, $2.27 and $3.94. What he does not foresee is a reprise of 2021’s parabolic blow-off, when Dogecoin tagged the 2.272 extension and briefly suggested a trajectory towards $23. “I think that $23 doge is insane … I don’t think that doge is going to end up becoming, you know, like anything like $3 trillion market cap.” A quarter- to half-trillion-dollar capitalisation, however—roughly the price zone between three and four dollars—remains “something to think about” given current monetary expansion. Cantonese Cat interprets the community’s malaise as a contrarian gift: “The market makers are giving us more time to buy while the sentiment is extremely, extremely poor.” Inside-bar ranges serve as a simple trigger. A close above the six-month range high would, in his reading, unlock the primary up-trend’s next leg. Conversely, a close below the 20-month average might delay—but not necessarily invalidate—the thesis, provided the moving average itself keeps rising. Across every lens—the macro cup-and-handle, the Adam-and-Eve neckline test, Ichimoku resistance, 20-month moving average support, volume exhaustion, daily bullish divergence—the weight of evidence converges on a bullish outcome. Timing, he concedes, is unknowable: “When is that going to be? I don’t know.” Yet none of the data justify capitulation. He closes with the maxim he repeats three times in the broadcast: “The trend is your friend, and the trend is up.” If that view holds, Dogecoin’s dormant coil may eventually unwind toward the analyst’s most ambitious extension at $4.13—a level unthinkable to today’s demoralised sellers, and precisely for that reason, he argues, still within reach. At press time, DOGE traded at $0.171. Featured image created with DALL.E, chart from TradingView.com
An analyst has explained how Dogecoin could be primed for a 60% price move. Here’s the range that could end up deciding the direction of the break. Dogecoin Is Nearing The End Of A Triangle Pattern In a new post on X, analyst Ali Martinez has talked about how Dogecoin is currently looking from a technical analysis (TA) perspective. Below is the chart shared by the analyst that shows the trend in the 1-day price of DOGE. As displayed in the graph, the daily Dogecoin price has been trading inside what appears to be a triangular channel. A triangle is a TA pattern that forms whenever an asset’s price observes consolidation between two converging trendlines. Related Reading: Solana Plunges 13%: Can Key On-Chain Support Stop The Fall? The upper line of the pattern is likely to provide resistance to the price, while the lower one support. A break out of either of the lines can signal a continuation of trend in that direction. There are a few different types of triangles, with a few popular ones being the Symmetrical, Ascending, and Descending variations. The orientation of the trendlines decides the type of the triangle. In a Symmetrical Triangle, the lines converge at a roughly equal and opposite slope. This means that as the price travels inside the pattern, both upward and downward volatility shrinks in an even manner. For the Ascending and Descending versions, however, there is a bias to the upside or downside. In the former, the upper trendline is parallel to the time-axis and the price progressively makes higher lows. Similarly, the latter involves lower highs with a flat support level. From the chart, it’s apparent that the Triangle that Dogecoin has been moving inside for the past few months is similar to a Symmetrical Triangle, but it has a slight tilt toward the downside. It’s also visible that DOGE is nearing in on the end of the triangle. Generally, triangle breakouts become more likely to occur as the asset approaches the apex, as the consolidation range squeezes tight in this region. Related Reading: These Altcoins Are Bucking The Trend—But Can They Keep It Up? Considering that Dogecoin may be in this zone now, it’s possible that its spring may be ready to uncoil. Based on the pattern forming in the daily price, the analyst has noted that DOGE looks primed for a 60% move. As for which way a break would happen, that naturally comes down to which line the memecoin exits the triangle from. ” All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend,” notes Martinez. DOGE Price At the time of writing, Dogecoin is floating around $0.168, down more than 11% over the last seven days. Featured image from Dall-E, charts from TradingView.com
Dogecoin’s daily chart, published by the pseudonymous trader Cantonese Cat on X Wednesday, hints that the meme-coin may be stirring after a months-long down-draft. At 02:26 UTC the TradingView snapshot captured DOGE changing hands at $0.16979, fractionally lower on the session, while the 14-period relative-strength index sat at 35.72, just north of classical oversold territory. Dogecoin Prints Bullish Divergence The most striking feature of the graphic is a sequence of regular bullish divergences—price sets progressively lower lows even as the RSI traces higher troughs. Cantonese Cat illustrates three such inflection points: the first in August 2024, the second in March and April 2025 and the latest in mid-June. Historically, the first signal preceded the parabolic autumn rally that vaulted DOGE from the high-$0.05 area to an intraday peak just shy of $0.23, a nearly 300% advance. The March divergence ushered in a 100 percent rebound back to the $0.26 zone, a former support now acting as overhead resistance. Related Reading: Dogecoin Looks Like ‘It Wants To Play Dead’—Again “DOGE daily – Bullish divergence with RSI,” Cantonese Cat wrote in his post, letting the annotated arrows speak louder than prose. A schematic inserted on the right-hand side of the chart underlines the textbook definition: in the highlighted quadrant, price slopes downward while momentum slopes upward, a configuration often interpreted as buyers quietly absorbing supply. Descending Channel And Key Support Line The current structural context lends weight to the signal. Since topping out in November above $0.48, price is retracing inside a descending channel. Within that broader channel, Dogecoin is now retesting a former down-sloping resistance line—which provided stiff resistance throughout March and April this year—that it finally broke in early May and is now acting as crucial support near $0.163. Just below this back-test sits the multi-year ascending trendline which now sits close to $0.142. Should both of those levels falter, the true lower boundary of the descending channel waits a fraction lower around $0.139, giving bulls only a narrow buffer of roughly three cents to defend. Related Reading: Dogecoin Price Enters ‘Alarm Zone,’ Major Move Coming? From a Fibonacci perspective, the 0.786 retracement at $0.1826—coupled with the 20- and 50-day exponential moving averages as well as the channel midline at $0.172—forms the first ceiling that must be cleared to shift near-term momentum. A breakout above that area would expose the 0.618 level at $0.247 and the 100-day EMA. Successive hurdles then stack at the 0.5 retracement ($0.292), the 0.382 ($0.338), and the 0.236 ($0.3939), each corresponding to prior congestion zones during the winter advance. Volume has begun to taper as price approaches support, while the 14-period RSI remains anchored in the mid-30s—still technically oversold, but showing a slight uptick that mirrors the bullish divergence Cantonese Cat flagged. For bears, a decisive daily close beneath the multi-year trendline would invalidate that divergence setup and likely drive DOGE toward the horizontal liquidity band between $0.135 and $0.13, with a final capitulation target around $0.10—site of last October’s base. Featured image created with DALL.E, chart from TradingView.com
Musk’s X Money will soon roll out the feature, according to an FT report, but no sign yet of crypto integration, including Dogecoin.
Technical indicators show DOGE entering oversold territory, and social sentiment data from LunarCrush reveals an 86% positive tone across 16,000+ mentions, suggesting continued community conviction even amid price volatility.
Tensions in the Middle East are fueling a flight to safety, with traders rotating out of altcoins into stablecoins and bitcoin amid uncertainty around U.S. military escalation and sticky inflation.
Dogecoin started a fresh decline from the $0.1820 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1750. DOGE price started a fresh decline below the $0.1820 and $0.180 levels. The price is trading below the $0.1780 level and the 100-hourly simple moving average. There was a break above a bearish trend line forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1780 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after it failed to clear the $0.1820 zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.1800 and $0.1780 levels. The bears even pushed the price below the $0.170 level. A low was formed at $0.1641 and the price is now attempting to recover. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.1811 swing high to the $0.1641 low. Besides, there was a break above a bearish trend line forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1780 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1725 level. It is close to the 50% Fib retracement level of the downward move from the $0.1811 swing high to the $0.1641 low. The first major resistance for the bulls could be near the $0.1750 level. The next major resistance is near the $0.1820 level. A close above the $0.1820 resistance might send the price toward the $0.1880 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1750 level, it could start another decline. Initial support on the downside is near the $0.1680 level. The next major support is near the $0.1640 level. The main support sits at $0.1620. If there is a downside break below the $0.1620 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1440 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1640 and $0.1620. Major Resistance Levels – $0.1750 and $0.1800.