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Dogecoin Momentum Fades – Analyst Expects $0.213 Retest

Dogecoin has entered a critical phase as it consolidates below the $0.26 resistance level, facing rising pressure after a sharp rejection last week. Since tagging a local high on May 10th, DOGE has dropped over 18%, retracing some of the gains from its impressive rally that began in early April. Bulls had built strong momentum following the breakout above $0.13, which marked a 100% price surge within a month. However, recent price action suggests the move may be stalling.

The market now watches closely to see if Dogecoin can defend current levels or if further downside is on the horizon. According to top analyst Ali Martinez, the latest rejection has opened the door for a possible revisit to the $0.213 level — a key zone that previously served as both resistance and support. This level may now act as a magnet for price if bullish control continues to fade.

While sentiment remains cautiously optimistic, the next move will depend on whether bulls can reclaim momentum or if DOGE breaks below its local range. The coming days could define the trajectory of Dogecoin’s midterm trend, with volatility likely to pick up.

Speculation Rises But DOGE Faces Crucial Test

During the recent correction that sent shockwaves across the crypto market, meme coins like Dogecoin were among the most heavily affected assets. As Bitcoin and major altcoins faced steep retracements, DOGE experienced an aggressive pullback, shedding over 18% since May 10th and erasing a significant portion of its earlier gains. This correction disrupted the bullish structure that had formed after DOGE surged over 100% from early April, following a breakout above the $0.13 mark.

Despite the drop, speculation continues to mount around Dogecoin’s potential to lead if the market regains momentum. Historically, DOGE has acted as a high-beta asset, often outperforming in euphoric phases of the cycle. With the broader market attempting to stabilize, some analysts view DOGE as a likely beneficiary if sentiment shifts bullish once again.

Still, risks remain. Price is now hovering just above key support levels, and a failure to hold this zone could trigger a deeper retracement. Martinez shared a technical view suggesting that if current levels fail to hold, Dogecoin may want to revisit the $0.213 level — a critical area that previously acted as a launchpad during the April breakout.

Dogecoin fails to keep pushing above supply | Source: Ali Martinez on X

The coming sessions are likely to be decisive. The meme coin narrative could regain strength if bulls reclaim control and push DOGE back toward the $0.26 resistance. However, if bearish momentum builds and DOGE breaks lower, it would signal a continuation of the current downtrend. For now, all eyes remain on this pivotal support zone as Dogecoin navigates a high-stakes moment within the broader market’s uncertain conditions.

Technical Details: Dogecoin Facing Crucial Demand

Dogecoin (DOGE) is showing signs of weakness after failing to hold above key resistance near $0.26 earlier this month. The daily chart indicates that DOGE is currently trading at $0.221, consolidating just above the 200-day EMA ($0.219) and below the 200-day SMA ($0.269). This range has acted as a battleground between bulls and bears, with the recent candles forming tight-bodied structures, signaling indecision.

DOGE consolidates above the 200-day EMA | Source: DOGEUSDT chart on TradingView

Volume has declined notably since the early May breakout, suggesting a loss of momentum and trader interest. If DOGE loses the $0.219–$0.220 support zone, the next logical support level sits near $0.213, aligning with analyst concerns of a potential retest of that level. A breakdown below this area could trigger further downside pressure toward the $0.19 zone.

On the upside, reclaiming the 200-day SMA at $0.269 would be a significant bullish signal, as it would place DOGE back above long-term resistance. However, the current trend favors a cautious stance, especially amid broader market uncertainty and weakened sentiment across altcoins. Overall, the chart reflects a pause in bullish momentum and rising risk of a deeper retrace unless DOGE regains strength above key moving averages. The next few days could determine whether consolidation holds or turns into a full correction.

Featured image from Dall-E, chart from TradingView

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Dogecoin Whales Buy 100 Million DOGE In 24 Hours – Demand Signals Growing Confidence

Dogecoin is currently trading in a tight range, consolidating above the $0.16 support level and struggling to break above the $0.19–$0.20 resistance zone. This consolidation phase comes as the broader crypto market shows signs of strength and renewed momentum. Bulls are watching closely, hoping for a breakout that could mark the beginning of a recovery rally.

Recent on-chain data from Santiment adds fuel to the bullish narrative. Over the past week, Dogecoin whales have accumulated approximately 100 million DOGE, a move that signals rising confidence among large holders. Historically, such buying activity from major players has often preceded upward price movements, especially when it coincides with broader market recovery.

As Bitcoin and other large-cap cryptocurrencies continue to test key levels, DOGE’s consolidation pattern and whale accumulation will be key indicators for its next move. The coming days could prove pivotal for the memecoin’s short-term trajectory.

Whale Activity Signals Possible Breakout As Dogecoin Tests Resistance

Dogecoin is currently trading around $0.17–$0.18, hovering near critical resistance while the broader crypto market shows signs of renewed momentum. Bulls are attempting to reclaim higher levels, especially the $0.20 zone, which has consistently acted as a strong barrier over the past few weeks. A successful break above this level could trigger a recovery rally, but until then, price action remains uncertain.

Analysts are split on what comes next for DOGE. Some argue that failure to break out above $0.20—coupled with increasing lower highs—could signal a continuation of the broader downtrend, potentially pushing the memecoin back toward the $0.15 zone. On the other hand, with Bitcoin holding strong above $90K and major altcoins beginning to rebound, others believe Dogecoin could follow suit.

Adding to the optimism, top analyst Ali Martinez shared a chart on X revealing that whales have accumulated 100 million DOGE over the past week. This surge in whale activity typically precedes price rallies and supports the case for a potential breakout. As accumulation continues and market sentiment improves, DOGE could be preparing for a strong move.

Dogecoin Whales Buy 100M DOGE in 24H | Source: Ali Martinez on X

For now, all eyes are on the $0.20 resistance. A clean break above it could validate the bullish outlook, while rejection might extend the current consolidation.

DOGE Price Action Hinges On Breaking Price Range

Dogecoin (DOGE) is currently trading at $0.176, continuing to consolidate in a tight range as bulls attempt to gain momentum. Despite holding above the $0.16 support, DOGE has struggled to make a higher high, and price action remains capped by local resistance. To confirm a breakout and shift toward a recovery rally, DOGE must reclaim the $0.22 level — a key resistance zone that aligns with the 200-day exponential moving average (EMA).

DOGE trading below $0.20 | Source: DOGEUSDT chart on TradingView

Reclaiming this level would signal strength and could trigger an upward move toward $0.25 and beyond, especially if overall market conditions remain favorable. However, the lack of follow-through and volume at current levels raises concern. If bulls fail to defend $0.16, the downside risk grows significantly. A breakdown below this support could open the door to a deeper correction, potentially driving DOGE down into the $0.13–$0.10 region, where historical demand has previously stepped in.

For now, DOGE remains range-bound with indecision dominating the short-term outlook. The next major move will depend on whether bulls can generate enough demand to break above the 200-day EMA or whether sellers regain control below the $0.16 threshold.

Featured image from Dall-E, chart from TradingView

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Dogecoin Gears Up For A Breakout To $0.29: Can Bulls Hold Key Support?

After enduring weeks of heavy selling pressure and bearish sentiment, Dogecoin is beginning to show signs of stability. The broader crypto market is hinting at a potential recovery, though many analysts argue this could simply be a relief rally within a longer-term bear market that began after Bitcoin reached its all-time high in January.

Despite the uncertainty, some assets—including Dogecoin—are starting to build bullish momentum. Investors are closely watching key technical levels as meme coins attempt to recover lost ground. According to crypto analyst Ali Martinez, Dogecoin could be poised for a significant breakout this week. In his recent analysis, Martinez noted that a decisive daily close above $0.17 could unlock upside potential toward $0.21, provided that DOGE maintains support above a critical support level.

This setup could mark a turning point for Dogecoin, which has lagged behind many altcoins during the recent downturn. However, the market remains volatile, and traders should remain cautious until confirmation of a sustained breakout. Whether this is the start of a new uptrend or just a temporary bounce remains to be seen—but for now, Dogecoin bulls have something to watch closely.

Dogecoin Eyes Breakout As Bulls Target Higher Levels

Dogecoin is now facing critical supply levels as the entire crypto market shows signs of recovery following last week’s announcement from US President Donald Trump of a 90-day pause on reciprocal tariffs for all countries except China.

While this news injected short-term optimism and triggered a bounce across risk assets, macroeconomic uncertainty continues to dominate the global landscape. With tariffs still on the table and rising geopolitical tensions, the market remains vulnerable to sharp volatility and unpredictable swings.

Within this context, Dogecoin is positioning itself for a potential breakout. After weeks of selling pressure that saw DOGE drop to the $0.13 level, bulls have finally stepped in with renewed momentum. According to Martinez, the coming days could be pivotal for Dogecoin. His technical analysis indicates that a close above the $0.17 mark would trigger a bullish breakout, opening the door to $0.21 or even $0.29, as long as the price maintains the $0.13 support.

Dogecoin testing critical levels | Source: Ali Martinez on X

This setup is drawing attention from both retail and institutional traders who are now eyeing DOGE as a potential high-beta play during this recovery phase. Still, confirmation is needed. If Dogecoin can hold above $0.17 with volume, the meme coin may finally leave its consolidation zone behind and regain market momentum.

DOGE Price Tests Key Resistance After 30% Rally

Dogecoin is currently trading at $0.162, marking an impressive 30% surge from last Monday’s low of approximately $0.129. The bounce comes amid broader market optimism following a temporary pause in tariff escalation announced by US President Donald Trump. However, for DOGE to fully confirm a recovery phase, bulls must continue the momentum and reclaim critical resistance levels ahead.

DOGE testing daily supply levels | Source: DOGEUSDT chart on Trading View

The next upside targets for DOGE sit at $0.185 and $0.205. A sustained close above these levels would signal a strong reversal and potentially kick off a broader uptrend. These price zones align with previous supply areas where selling pressure intensified during past rallies, making them essential hurdles for bullish continuation.

Despite the recent rally, risks remain. If Dogecoin loses support at the $0.15 level, it would indicate weakening bullish control and open the door for a decline toward the $0.12 zone—close to its recent bottom. Such a move would likely invalidate the recovery narrative and reinforce the view of DOGE remaining in a broader downtrend.

For now, the market watches closely. Holding above $0.15 and breaking $0.185 will be crucial to confirm whether Dogecoin is truly gearing up for a sustained reversal.

Featured image from Dall-E, chart from TradingView 

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Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery​?

Dogecoin has been under heavy selling pressure in recent weeks, with global tensions and macroeconomic instability dragging down risk assets across the board. The broader market correction, fueled by fears of a global recession and escalating trade disputes, hit meme coins especially hard—Dogecoin among them. After setting fresh local lows, DOGE now appears to be mounting a recovery attempt.

In a potential shift of sentiment, Dogecoin is beginning to move to the upside, testing key resistance levels that could determine the next phase of its trend. The return of bullish momentum comes as fresh on-chain data from Santiment reveals a noteworthy development: whales have bought over 80 million DOGE in the last 24 hours. This aggressive accumulation by large holders has sparked renewed optimism, signaling growing confidence among major players despite the broader market’s uncertainty.

With volatility still elevated and DOGE sitting at a technical inflection point, the coming days will be critical. Whether this whale activity marks the start of a broader uptrend or just a temporary bounce remains to be seen—but for now, the data points to a shift in momentum that investors will be watching closely.

Dogecoin Struggles To Recover As Global Tensions Weigh On Markets

Dogecoin has been one of the hardest-hit cryptocurrencies during the recent market downturn, shedding over 70% of its value since its December highs. Once viewed as a symbol of retail enthusiasm and viral momentum, DOGE is now leading the meme coin segment into a deeper drawdown. Investors who had high hopes for a continuation of last year’s uptrend are now facing a reality check, as macroeconomic instability and geopolitical risk continue to pressure high-volatility assets.

US President Donald Trump’s recent escalation of tariff measures—coupled with retaliatory actions from China—has heightened fears of a prolonged trade war, adding uncertainty to already fragile markets. Equities, commodities, and crypto have all experienced extreme volatility, but meme coins like Dogecoin have suffered the most. Without a strong use case or fundamental backing, sentiment-driven assets like DOGE tend to face the heaviest selling when risk aversion spikes.

Despite the broader negativity, there are hints of accumulation that could offer hope for a turnaround. According to data shared by top crypto analyst Ali Martinez, whales bought over 80 million DOGE in the last 24 hours.

Dogecoin Whales Bought 80M DOGE in 24 hours | Source: Ali Martinez on X

This buying activity suggests that some large players are viewing the current levels as attractive entry points—even if a full recovery has yet to materialize. For now, Dogecoin remains in a vulnerable position, but rising whale interest could be a signal worth monitoring.

DOGE Battles Key Resistance After 25% Surge From Local Lows

Dogecoin is trading at $0.163 after a strong 25% rebound from the recent low of $0.13, signaling a potential shift in momentum following weeks of persistent selling pressure. The meme coin, which had been one of the worst performers during the recent market downturn, is now testing a critical resistance zone that could determine its next move.

DOGE testing critical resistance | Source: DOGEUSDT chart on TraidngView

Bulls are now eyeing the 4-hour 200 moving average (MA) and exponential moving average (EMA), both positioned around the $0.17 mark. Reclaiming this level is essential to confirm short-term strength and spark a sustainable recovery rally. So far, price action suggests growing interest, but macroeconomic headwinds and market-wide caution continue to limit upside potential.

On the flip side, if Dogecoin fails to break through $0.17 and slips below current levels, the risk of a deeper correction remains in play. Such a move could push the price back toward the $0.14–$0.13 support zone, erasing recent gains. As volatility remains elevated across the crypto market, DOGE traders will be closely watching this resistance level for signs of confirmation—or rejection.

Featured image from Dall-E, chart from TradingView 

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Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling?

Dogecoin is once again in the spotlight, but for all the wrong reasons. The popular meme coin has experienced massive selling pressure over the last few days, driven by heightened global tensions and ongoing macroeconomic uncertainty. On Monday, DOGE set a fresh local low around $0.129, further confirming the downtrend that has been building over the past few weeks.

The market sentiment around Dogecoin has quickly shifted from cautious optimism to defensive positioning, as investors react to a risk-off environment affecting both traditional and crypto markets. Adding fuel to the bearish fire, data from Santiment reveals that Dogecoin whales have sold more than 1.32 billion DOGE in the past 48 hours alone — a move that raises questions about broader market confidence.

Is this massive selloff part of a strategic rebalancing from large holders, or is it a sign of panic selling amid deepening volatility? What’s certain is that DOGE is entering a critical phase. If buyers fail to step in soon, the path of least resistance could be lower. As whales exit and prices falter, the coming days could define whether Dogecoin stabilizes — or spirals further.

Dogecoin Slides Further As Whale Selloff Signals Deepening Bear Trend

Dogecoin has now lost more than 70% of its value since December, with no clear signs of a recovery in sight. The meme coin, once a symbol of bullish enthusiasm and retail speculation, is now leading the decline in the altcoin space as market conditions worsen. Growing macroeconomic uncertainty continues to weigh heavily on risk assets, and meme coins like Dogecoin have been the most affected.

The pressure isn’t just coming from within the crypto market. Broader financial instability — particularly triggered by escalating global tensions — is accelerating the selloff. U.S. President Donald Trump’s latest round of aggressive tariffs and China’s retaliatory stance have stoked fears of a full-blown trade war. As global markets reel from this uncertainty, investors are pulling back from speculative assets, sending DOGE deeper into bearish territory.

Adding to the bleak outlook, top analyst Ali Martinez shared data from Santiment revealing that whales have sold over 1.32 billion Dogecoin in just the past 48 hours. This significant outflow is a clear reflection of the risk-off sentiment dominating the market. According to Martinez, this behavior is likely driven by panic and growing expectations that a prolonged bear market is developing.

Dogecoin whales offload 1.32B DOGE in 48H | Source: Ali Martinez on X

Until sentiment shifts and macro conditions stabilize, Dogecoin’s path remains precarious. The combination of whale dumping, market-wide fear, and global economic strain may keep DOGE under pressure in the near term. Bulls will need to reclaim key levels quickly to avoid a deeper collapse — but for now, the trend remains firmly bearish.

Bulls Struggle At Key Level As Selling Pressure Persists

Dogecoin is trading at $0.14, nearly 75% below its 200-day moving average around $0.25 — a striking indicator of how far the meme coin has fallen. The downtrend accelerated when DOGE lost support at the $0.25 level, and since then, bulls have failed to mount any meaningful recovery. Continued macroeconomic stress and weak investor sentiment have only added to the selling pressure, dragging prices lower with each passing week.

DOGE setting fresh a low | Source: DOGEUSDT Chart on TradingView

For Dogecoin to begin a potential recovery phase, holding above the $0.15 level is critical. This zone could act as a short-term support base, giving bulls a chance to regroup. However, merely stabilizing isn’t enough. A push toward the $0.20 mark is needed to reestablish momentum and break the current bearish structure. Reclaiming that level would also bring DOGE closer to its 200-day MA, a key technical milestone for trend reversal.

On the downside, losing the $0.14–$0.15 area could open the door to deeper losses. If support fails to hold, a quick move toward the $0.10 level is possible — potentially signaling a return to bear market lows. For now, DOGE remains under heavy pressure, with bulls on the defensive and time running out to avoid another breakdown.

Featured image from Dall-E, chart from TradingView 

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Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally

Dogecoin is trading around a key demand zone as the entire crypto market battles renewed selling pressure. Among the hardest-hit segments are meme coins, which have seen sharp pullbacks in recent days. Dogecoin, the original and most recognized meme token, continues to follow a persistent bearish trend — one that may not reverse unless current levels hold firm.

Investor sentiment across the space remains cautious, with rising macroeconomic uncertainty and weakening momentum dragging prices lower. For Dogecoin, this moment is especially critical, as its price action now hovers just above the lower boundary of a long-term parallel channel.

Crypto analyst Ali Martinez shared technical insights revealing that Dogecoin is still holding above this crucial support level. According to Martinez, a spike in demand from this zone could act as the launchpad for a rally toward the mid or upper range of the channel — potentially offering much-needed relief for DOGE holders.

While broader market conditions remain fragile, Dogecoin’s structure suggests it still has room to rebound — but only if buyers step in soon. As price compresses near support, the next move could define the token’s short-term trend in a market filled with uncertainty.

Dogecoin Down 66% As Market Uncertainty Weighs On Sentiment

Dogecoin is currently trading under heavy pressure, down approximately 66% from its multi-year high near $0.48. Despite brief attempts at recovery, underwhelming price action and bearish sentiment continue to drag DOGE lower, with bulls struggling to find momentum in an increasingly volatile market. The broader macroeconomic backdrop isn’t helping either — rising interest rates, geopolitical instability, and trade war tensions have all contributed to a high-risk environment across global financial markets.

This turbulence is having an outsized impact on speculative assets, and meme coins like Dogecoin remain some of the most vulnerable. The current conditions suggest that heightened volatility may become the new norm for the foreseeable future, increasing the risk of further downside for DOGE unless strong support holds.

Martinez’s technical outlook on X notes that the $0.15 level is now essential for Dogecoin bulls. According to his analysis, DOGE continues to trade just above the lower boundary of a long-term bullish channel — a structure that has held firm through multiple market cycles.

Dogecoin trading within a bullish channel | Source: Ali Martinez on X

Martinez emphasizes that a spike in demand at this level could trigger a sharp rally, potentially pushing DOGE toward the mid or upper range of the channel, between $4 and $7. While this may seem ambitious given current sentiment, the long-term setup remains technically intact — but bulls must step in now to avoid a complete breakdown.

DOGE Bears Push Bulls to the Edge

Dogecoin is trading at $0.16 after facing intense selling pressure over the past several days, dropping more than 20% in under a week. The sharp decline has placed bulls in a difficult position, with momentum clearly favoring the bears. The price structure remains decisively bearish, and if DOGE fails to hold the critical $0.15 support level, a dramatic collapse could follow — potentially sending the meme coin into lower demand zones not seen in months.

DOGE testing critical demand | Source: DOGEUSDT chart on TradingView

The $0.15 mark now stands as the last line of defense for bulls, as it aligns with a key long-term support level within a broader bullish channel. Losing it would likely trigger panic selling and confirm a breakdown in market structure.

However, if Dogecoin can maintain support above $0.16 and attract renewed buying interest, there’s still potential for a short-term recovery. A bounce from current levels could spark a rally toward the $0.20–$0.25 range — a zone that previously acted as strong resistance and may offer the first real test of any upward momentum.

With market volatility high and sentiment shaky, DOGE’s ability to hold current levels will be key to determining whether this is just another dip — or the start of something worse.

Featured image from Dall-E, chart from TradingView 

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SuperTrend Analysis: Dogecoin May Enter Bullish Territory If It Surpasses $0.21

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.

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. 

Dogecoin

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. 

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.

Dogecoin

Featured image from DALL-E, chart from TradingView.com

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Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43

Dogecoin is starting to show signs of life after weeks of sideways trading in a tight range between $0.16 and $0.18. Meme coins have suffered heavily amid broader market uncertainty and ongoing selling pressure, with bulls struggling to reclaim key resistance levels. However, momentum appears to be building.

Over the last 24 hours, Dogecoin managed to break above the $0.18 mark for the first time in days, sparking excitement among traders. While bulls have yet to sustain a push higher, the breakout could be an early sign of a trend reversal. Investors are watching closely to see if DOGE can establish a foothold above current levels and begin a meaningful recovery.

Top analyst Carl Runefelt shared technical insights on X, noting that DOGE is breaking out of a bullish falling wedge pattern on the daily chart—a formation often associated with strong upside moves. If the breakout holds, Dogecoin could be poised for a significant rally in the short term. However, bulls must reclaim higher resistance levels soon to keep the momentum going. All eyes are now on DOGE as it attempts to lead a potential meme coin recovery.

Bulls Attempt To Reclaim Momentum

Dogecoin is hovering at a critical juncture as it trades just above crucial demand levels near $0.15. Despite a challenging environment for meme coins—typically the hardest hit during market downturns—DOGE has managed to hold its ground, suggesting resilience from long-term holders. Still, bulls have a lot of work to do if they want to reclaim control and initiate a sustained recovery.

After weeks of consolidation, Dogecoin is showing early signs of a potential reversal. The broader market is searching for a catalyst, with analysts and investors watching closely for any signals that could push crypto assets into a recovery phase or trigger further declines. Market participants are growing increasingly anxious, especially given the speculative nature of meme coins and their historical volatility during bear cycles.

Runefelt’s technical insights reveal that Dogecoin has broken out of a falling wedge pattern on the daily timeframe. This is a bullish formation that often precedes sharp upward moves. According to Runefelt, if DOGE holds above the wedge breakout zone, it could rally toward the $0.43 mark—its next major resistance level.

Dogecoin breaking out of a falling wedge pattern | Source: Carl Runefelt on X

This week could prove pivotal for Dogecoin and the broader market. If bulls manage to build on recent strength and push above key resistance levels, DOGE could lead a new wave of meme coin momentum.

Dogecoin Price Faces Key Test Around $0.185

Dogecoin is trading at $0.185 after several days of sideways consolidation, struggling to push decisively above this level. While the recent breakout from a falling wedge pattern has created a more optimistic outlook, bulls now face the challenge of turning resistance into support. The $0.18 level has emerged as a critical pivot point, and holding above it is essential to maintain upward momentum.

DOGE Bulls trying to start a recovery rally | Source: DOGEUSDT chart on TradingView

For DOGE to confirm a true recovery rally, bulls must reclaim the $0.22 level in the coming sessions. A push above this zone would mark a clear shift in trend and open the door for a test of higher resistance near $0.25 and beyond. However, the path forward is not without risk. If Dogecoin fails to hold $0.18 as support, selling pressure could intensify, sending the price back toward the $0.15 zone—an area that previously acted as a major demand floor.

With meme coins typically more sensitive to broader market sentiment, Dogecoin’s next move will likely mirror the overall direction of crypto. A strong Bitcoin rally could help lift DOGE, but without it, bulls must show strength quickly to avoid a deeper retracement.

Featured image from Dall-E, chart from TradingView 

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Whales Accumulate Over 120 Million Dogecoin In Past Week – Analyst

Dogecoin and meme coins have taken a hit in recent weeks, with heightened market volatility and macroeconomic uncertainty weighing heavily on risk assets. After a steep correction from recent highs, DOGE is now consolidating in a tight range between $0.16 and $0.18. This zone has become a critical battleground for bulls and bears alike as investors wait for a clear breakout or breakdown.

For bulls, reclaiming levels above $0.18 is essential to kickstart a recovery and restore confidence in the asset’s short-term outlook. If DOGE can break above this resistance, momentum could quickly build toward higher price targets. However, continued weakness below $0.16 could signal a deeper correction ahead.

Despite the recent struggles, on-chain data paints a more optimistic picture. According to Santiment, whales have accumulated over 120 million DOGE in the past week, suggesting that large holders are positioning for a potential rebound. This increase in whale activity is often seen as a bullish signal, especially during periods of consolidation. Whether Dogecoin can capitalize on this support remains to be seen, but for now, the groundwork for a breakout is being laid.

Dogecoin Consolidates Ahead Of Potential Breakout

Dogecoin has remained in a tight consolidation range since March 11, trading between $0.16 and $0.18 with no clear breakout in sight. This prolonged period of sideways movement has left investors on edge, as the entire crypto market awaits a decisive catalyst to determine the next major direction. Market conditions remain highly uncertain, driven by global macroeconomic instability, aggressive monetary policies, and ongoing trade tensions. As a result, traders are preparing for increased volatility.

Meme coins like Dogecoin are typically among the most volatile assets during both bull and bear phases. In bear markets, they tend to be hit the hardest due to their speculative nature and lack of strong fundamentals compared to large-cap projects. With analysts split on whether this is a correction within a larger bull cycle or the beginning of a full-fledged bear market, Dogecoin’s next move could be pivotal.

Despite the fear in the market, on-chain metrics suggest that large holders may be positioning for a move higher. According to data shared by top analyst Ali Martinez on X, whales have bought over 120 million DOGE in the past week alone. This accumulation by major players could signal growing confidence in a potential rebound, especially if Dogecoin can break above the $0.18 resistance zone.

Dogecoin Whales bought over 120 million DOGE in the past week | Source: Ali Martinez on X

For now, the market continues to watch closely. A breakout from this range could lead to a rapid move, either up or down, with whale activity hinting that bulls may be preparing to take control. Whether Dogecoin rallies or retreats will depend on the broader market’s next move—but all eyes are on the meme coin leader.

Price Holds Key Support But Faces Crucial Resistance Ahead

Dogecoin is currently trading at $0.16 after several days of consolidation between the $0.15 support and the $0.17 resistance level. This narrow range reflects the uncertainty dominating the broader crypto market, with meme coins like DOGE experiencing low volatility and cautious trading activity.

DOGE consolidates below $0.17 | Source: DOGEUSDT chart on TradingView

Despite holding above $0.15—a critical support zone—bulls have been unable to generate enough momentum to push prices toward the $0.20 level. Reclaiming $0.20 is essential, as it would likely signal the start of a recovery phase and potentially trigger bullish sentiment across the Dogecoin community. That level could serve as a launchpad for a new rally, especially if broader market conditions stabilize and BTC leads a move upward.

However, if DOGE fails to hold the $0.15 support, the risk of a deeper correction increases significantly. A breakdown below this level could send the price into lower demand zones, potentially testing the $0.13 or even $0.12 levels in a more bearish scenario.

For now, the price remains range-bound, but pressure is building. Bulls must act soon to reclaim higher ground, or bears may seize control and drive DOGE into deeper losses. The coming days will be critical for determining short-term momentum.

Featured image from Dall-E, chart from TradingView 

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Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target

Dogecoin is trading below key levels after dropping over 10% following last night’s bullish price action. The meme coin market continues to struggle, and Dogecoin is no exception. Since late January, DOGE has failed to reclaim previous highs and consistently set lower prices each week. Investors are growing cautious as selling pressure remains strong, preventing any meaningful recovery.

Despite the recent downturn, some analysts remain optimistic about DOGE’s long-term prospects. Top analyst Carl Runefelt shared a technical analysis on X, showing that DOGE recently broke out of a long-term falling wedge pattern and is now retesting it. Historically, falling wedge breakouts have led to significant upward movements, provided that the breakout is confirmed.

If Dogecoin holds firm above this key level and successfully confirms the breakout, a massive price move could follow, potentially reversing the bearish trend. However, failure to hold this level could lead to further declines, pushing DOGE into lower demand zones. The next few days will be crucial in determining Dogecoin’s short-term price direction as traders watch for confirmation of the breakout or signs of another downturn.

Investors Keep Selling Dogecoin: Can This Change?

Dogecoin is facing a crucial test as it attempts to break above key resistance without falling below critical demand levels. Bulls are now working to reclaim lost territory that could ignite a significant rally, but price action remains uncertain in the short term.

The meme coin market has been under intense selling pressure, and Dogecoin has struggled to establish strong demand despite multiple breakout attempts. Investors are closely watching for signs of strength, but so far, bulls have failed to generate the momentum needed for a sustained recovery.

Runefelt’s technical analysis reveals that DOGE recently broke out of a long-term falling wedge pattern and is now in the process of retesting it. Historically, falling wedge breakouts have led to explosive price movements, provided the breakout holds. Runefelt has set a price target of $0.434 in the coming weeks if the breakout remains intact.

Dogecoin breaking out of a falling wedge | Source: Carl Runefelt on X

However, despite this bullish setup, there is no clear direction for the broader crypto market as long as Bitcoin remains below the $100K level. With BTC leading the way for the entire industry, meme coins like Dogecoin are likely to follow Bitcoin’s moves. If BTC reclaims key levels, DOGE could experience a rapid price surge, but continued uncertainty in the market could limit its upside potential.

DOGE Testing Short-Term Liquidity

Dogecoin is trading at $0.21 after a strong 33% rally over the past few days. Bulls have gained a slight advantage, pushing the price above key resistance levels. However, for DOGE to maintain momentum, it must hold above the critical $0.20 mark, which now serves as short-term support.

DOGE trying to reclaim key levels | Source: DOGEUSDT chart on TradingView

If bulls successfully reclaim $0.255 in the coming days, Dogecoin could see a significant breakout, leading to a massive recovery phase. A move above this level would confirm a bullish reversal and potentially trigger further buying pressure, sending DOGE toward higher resistance zones.

However, the market remains volatile, and losing the $0.20 level could quickly reverse recent gains. If DOGE fails to hold this support, a 15% drop could follow, bringing the price back into lower demand zones. Traders are closely watching Bitcoin’s movement as any major BTC sell-off could impact meme coins, including Dogecoin.

For now, DOGE bulls are in control, but they must continue defending key levels to sustain the current uptrend. A decisive move in either direction will set the stage for Dogecoin’s next big move.

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Dogecoin Will Start A Move To $4 If Current Demand Holds – Can Bulls Step In?

Dogecoin is trading below key liquidity levels as the price struggles with intense selling pressure. The entire meme coin market has seen massive liquidity outflows, with fear and uncertainty dominating investor sentiment. Speculative assets like DOGE have been hit the hardest, leading to a sharp price decline of over 35% since mid-February. With negative momentum still driving the market, some analysts speculate that this trend could continue, possibly pushing DOGE to even lower levels.

However, not all analysts are bearish on Dogecoin’s future. Analyst Ali Martinez shared a long-term technical analysis suggesting that despite recent struggles, DOGE is still positioned for a potential rally. According to Martinez, if Dogecoin holds above the $0.16 to $0.19 support, the path remains open for a potential move to $4 in the coming months. This support zone has historically been a critical accumulation area, and if buyers step in, Dogecoin could be set for an aggressive rebound.

With the meme coin market at a crossroads, Dogecoin remains a key asset to watch. Whether it continues to drop or reclaims strength will depend on how this crucial support level holds in the coming weeks.

Dogecoin Prepares For A Macro Move

Dogecoin is trading below the $0.25 mark, a key price level that will determine short-term direction. The meme coin market continues to bleed, with speculative assets facing the worst selling pressure. Dogecoin, the leader of this sector, has dropped 46% since late January, struggling to regain momentum as the market remains fearful. Analysts warn that a further downside is possible unless buyers step in to defend key support.

Martinez’s analysis highlights a crucial long-term perspective for Dogecoin. He notes that if DOGE holds above the $0.16 to $0.19 support, the path remains open for a potential move to $4.

Dogecoin testing high time frame demand | Source: Ali Martinez on X

This would represent a 1,700% price increase, making DOGE one of the most explosive assets in the market. However, Martinez emphasizes that this move will take time, and even if DOGE holds these levels, it doesn’t guarantee an immediate rally.

In the short term, DOGE must reclaim the $0.25 level to break the bearish trend and confirm a potential reversal. If selling pressure continues, a drop below $0.16 could lead to further declines and invalidate the bullish outlook. For now, all eyes are on whether this crucial support level holds, as it could set the foundation for Dogecoin’s next major move.

DOGE Price Action Details: Key Levels To Watch

Dogecoin (DOGE) is trading at $0.20 after days of struggling to reclaim the $0.21–$0.22 resistance zone. Bulls have failed multiple attempts to push the price higher, and now bears remain in control as selling pressure continues to weigh on the price. With weak momentum in the broader crypto market and meme coins facing heavy liquidity outflows, DOGE is at risk of further downside.

DOGE testing crucial demand levels | Source: DOGEUSDT chart on TradingView

If DOGE fails to hold above current levels, the next major support sits at $0.17, a level where buyers could attempt to defend the price. Losing this mark could lead to another leg down, confirming a prolonged correction. On the other hand, a strong bounce and reclaim of the $0.25 level would indicate that bulls have regained control and could trigger a massive recovery.

For now, DOGE must break above the $0.22 level and flip it into support to build momentum for a potential rally. If buyers step in and push the price above $0.25, it would confirm a trend reversal and open the path for higher targets. However, with bears still leading the market, the risk of a deeper drop remains high, making the coming days crucial for DOGE’s price action.

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Dogecoin Holds Critical Support Level – Can Bulls Reclaim $0.25?

Dogecoin is trading above the $0.20 level after days of intense selling pressure and market-wide volatility. Bulls have lost control of the price action, and DOGE is now at risk of further declines if it fails to hold key support. The broader meme coin market has also been hit hard, contributing to Dogecoin’s struggles as sentiment remains weak.

Top analyst Ali Martinez shared a technical analysis on X, revealing that DOGE is testing a high-time-frame support level around $0.18. This level has historically acted as a strong demand zone, making it crucial for bulls to defend it. If DOGE manages to hold above this support and reclaim the $0.22 level, a short-term recovery rally could be possible.

However, if selling pressure persists and DOGE loses the $0.18 support, the next stop could be significantly lower. Market conditions remain uncertain, and traders are closely watching whether Dogecoin can stabilize or if further downside is on the horizon. The next few days will be critical in determining whether DOGE can recover or if it will continue to follow the bearish trend that has dominated the market in recent weeks.

Dogecoin Testing Long-Term Demand Level

Dogecoin is trading below the $0.25 mark, a key price level that will determine short-term direction. Analysts are warning of further downside risks as the market continues to face heavy selling pressure. The meme coin sector has been hit the hardest during this correction, and Dogecoin is leading the way with a 36% drop in the past two weeks. Sentiment remains bearish, and investors are looking for signs of stability before considering any potential recovery.

Martinez shared a technical analysis on X, revealing that Dogecoin is trading above a critical support level around $0.18. This level is crucial for maintaining the long-term bullish structure.

Dogecoin testing critical demand | Source: Ali Martinez on X

If bulls manage to hold above this mark, it could prevent further downside and provide a foundation for a recovery rally. Martinez also notes that DOGE is currently holding around the lower boundary of a macro ascending channel. Historically, this level has acted as a strong support zone for price rebounds.

If Dogecoin holds this level, a massive rally could follow, potentially pushing the price back toward the $0.25 resistance level. However, if the support fails, DOGE could experience a deeper correction. The next few days will be critical in determining whether DOGE can sustain its bullish structure or if it will continue its downward trend.

Crucial Phase For DOGE Price Action

Dogecoin is trading at $0.20, sitting at a crucial short-term resistance level just below $0.21. Bulls are trying to regain control, but selling pressure remains strong, making it difficult for DOGE to break above this key price point. If bulls successfully reclaim the $0.21 level and push above the $0.25 mark, a strong rally into higher prices could follow, potentially shifting market sentiment in favor of buyers.

DOGE testing short-term liquidity | Source: DOGEUSDT chart on TradingView

However, the downside risk remains significant. If DOGE fails to hold its current levels and loses support at $0.18, it could trigger a deeper correction, pushing the price toward lower demand zones. This level has historically acted as a critical support for Dogecoin, and losing it could lead to further sell-offs in the broader meme coin market.

The next few trading sessions will be crucial in determining the direction of DOGE. A breakout above resistance could signal the start of a recovery, while a failure to hold key levels may result in further bearish momentum. Traders are watching closely for confirmation of either scenario as meme coins continue to face heavy volatility in the current market conditions.

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Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness

Dogecoin (DOGE) is trading at key demand levels after two weeks of intense selling pressure, with bears driving DOGE down over 30%. The broader crypto market has faced a prolonged correction that started in mid-January, but meme coins have been the most impacted. As the market leader in the meme coin sector, Dogecoin has suffered extreme volatility, testing lower support levels as investor sentiment remains bearish.

Glassnode’s on-chain metrics reveal that long-term Dogecoin holders are in “denial”, signaling growing uncertainty among those who have held DOGE for extended periods. The DOGE Long-Term Holder Net Unrealized Profit/Loss (NUPL) indicator has been in a declining trend, meaning that many long-term holders are seeing diminishing unrealized profits or even slipping into losses. This trend suggests that holders who once remained confident in Dogecoin’s long-term potential are now facing market doubt and may consider selling if conditions don’t improve.

As DOGE trades near crucial support, the next few days will be critical for determining whether bulls can reclaim control and push for recovery or if selling pressure will continue, forcing DOGE into deeper correction territory. Bitcoin and the whole market are setting fresh lows, and this week will be crucial for bulls to defend key demand at these levels.

Dogecoin Crashes: Can Bulls Regain Control?

Dogecoin has experienced a massive sell-off, plunging more than 59% from its December high of around $0.48 to a recent low of $0.19. This dramatic decline has fueled panic across the market, with sentiment deteriorating further as many analysts begin calling for the start of a bear market. The downturn has weakened investors’ confidence, and meme coins—once the hottest sector in the market—are now facing the harshest corrections.

Despite the ongoing decline, on-chain data suggests not all hope is lost for DOGE. Crypto analyst Ali Martinez shared Glassnode metrics indicating that long-term Dogecoin holders are in “denial”, according to the DOGE Long-Term Holder Net Unrealized Profit/Loss (NUPL) indicator.

Dogecoin Long-Term Holder NUPL | Source: Ali Martinez on X

This data suggests that many long-term investors are still holding onto their DOGE despite the downturn but are starting to grow tired of the prolonged downtrend. Historically, such “denial phases” can precede either a final capitulation or a strong rebound if bulls reclaim control.

The upcoming week will be crucial in determining whether Dogecoin can bounce back from current levels or if sellers will continue to dominate. If DOGE manages to hold key support levels and reclaim momentum, a relief rally could be in sight. However, if selling pressure persists, the price may continue trending downward, extending the correction further.

Dogecoin Price Struggles After 19% Drop

Dogecoin is trading at $0.21 after a sharp 19% drop since Monday, continuing its downward trajectory amid broader market weakness. The meme coin sector has been one of the hardest hit in recent weeks, with DOGE struggling to find strong support as selling pressure remains dominant.

DOGE price below long-term demand levels | Source: DOGEUSDT chart on TradingView

Bulls now face a critical test as holding above current levels is essential to avoid further downside. To initiate a recovery rally, DOGE needs to reclaim the $0.24 mark, a key resistance level that could signal the start of an uptrend. However, market sentiment remains cautious, and price action suggests that DOGE could enter a consolidation phase below this level before any meaningful recovery begins.

If Dogecoin fails to hold above $0.21, bears may continue pushing the price lower, potentially revisiting previous support levels. However, if buyers step in and DOGE stabilizes, it could build momentum for a future push toward higher prices. In the short term, traders should closely watch whether bulls can defend current demand levels and reclaim key resistance levels to confirm a potential reversal in price action.

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Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal

Dogecoin has faced a couple of turbulent weeks, with its price battling to reclaim crucial resistance levels while managing to hold above key demand zones. Following the early February selloff, the broader meme coin market has been bleeding, underperforming compared to altcoins and Bitcoin. However, Dogecoin has shown resilience, maintaining strength as analysts eye a potential recovery rally.

Crypto expert Ali Martinez shared a technical analysis highlighting a critical development for Dogecoin. According to Martinez, DOGE has pulled back to the 0.618 Fibonacci retracement level, often referred to as the “Golden Ratio.” Traders widely regard this level as a key support zone, usually signaling a potential reversal point in price trends.

With Dogecoin holding steady at this critical level, optimism is growing that the meme coin could be poised for a rebound. The coming days will be pivotal as bulls attempt to build momentum and reclaim lost ground. Whether Dogecoin can capitalize on this support and push toward recovery levels remains to be seen, but its ability to hold firm amid market volatility is a promising sign for traders and investors alike. All eyes are now on DOGE as the market anticipates its next big move.

Dogecoin Could Enter A Recovery Phase

Dogecoin is on the verge of a critical breakout, sitting just 5% below key supply levels that could ignite a recovery rally into higher price zones. After enduring months of selling pressure and negative sentiment, optimism is beginning to return to the Dogecoin community. Analysts are now calling for a bullish phase that could reshape the narrative for the meme coin market.

Martinez has bolstered this bullish outlook with a technical analysis shared on X, highlighting a significant development for DOGE. He points out that Dogecoin has pulled back to the 0.618 Fibonacci retracement level, often referred to as the “Golden Ratio.” This key technical area is historically known for marking zones where bullish reversals tend to occur. The ability to hold this level is a positive sign that DOGE could be preparing for an aggressive upside move.

Dogecoin retraces to the 0.618 Fib level | Source: Ali Martinez on X

A Dogecoin rally could be imminent if bulls reclaim the nearest supply level at $0.028 and hold above it. Breaking this resistance could spark renewed interest from both retail and institutional investors, driving momentum for DOGE to challenge higher targets.

With Dogecoin hovering near critical levels, the next few days will likely determine whether it can break free from months of bearish sentiment and begin a new recovery phase. Investors and traders alike are closely watching to see if DOGE can capitalize on this pivotal moment to surge toward higher prices, signaling a potential turning point for the meme coin market.

DOGE Testing Crucial Supply: Can Bulls Step Up?

Dogecoin is trading at $0.27 after successfully pushing above the daily 200 EMA, a critical level around $0.26. This move marks a positive shift in momentum, as holding above the 200 EMA is crucial for maintaining short-term strength. Bulls are now aiming for a push above the $0.30 level, a significant resistance zone that has kept DOGE suppressed for weeks. If bulls reclaim this level as support, it could ignite a recovery rally, potentially propelling the price into higher ranges.

DOGE testing crucial supply | Source: DOGEUSDT chart on TradingView

However, the market remains uncertain, and DOGE faces challenges to sustain its upward trajectory. If the price fails to hold the $0.25 mark, it could signal a return to bearish momentum, taking DOGE into lower demand levels. A drop below this zone could expose the price to further declines, erasing the recent gains and fueling negative sentiment.

For now, traders are closely monitoring the $0.30 resistance level as a potential breakout point. Reclaiming this level would confirm a bullish reversal and attract renewed interest from buyers. The next few days will be critical for Dogecoin as it tests its resilience and attempts to solidify its position above key technical indicators, setting the stage for a potential recovery rally.

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Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level

Dogecoin (DOGE) has been in a short-term downtrend for the past two weeks, shedding over 29% of its value since hitting a local high on January 18. The meme coin has faced consistent selling pressure, mirroring broader market uncertainty. However, this downtrend may be nearing its end as DOGE approaches key demand levels that have historically supported price recoveries.

Top analyst Scient shared a technical analysis on X, highlighting that Dogecoin is setting up for a massive leg higher. According to Scient, DOGE is currently consolidating above the 1-day support level while also finding strong support at the 1-day 100 EMA. This signals a potential reversal as buying pressure starts to build at these critical levels.

If Dogecoin manages to hold this support and push higher, it could signal the start of a fresh rally, with traders eyeing the next key resistance levels. A confirmed breakout from this consolidation phase would likely drive renewed bullish momentum and attract more investors back into the market.

Dogecoin Holds Above Key Demand 

Dogecoin is trading at a key demand level around $0.32, and the next few days will be crucial in determining its short-term direction. Market sentiment remains volatile, with many analysts calling for a further decline as uncertainty grips the broader crypto market. The downtrend that started on January 18 has put pressure on DOGE, and traders are watching closely to see whether it can hold its current levels or break lower.

Despite the bearish sentiment, top analyst Scient shared a technical analysis on X suggesting that Dogecoin may be gearing up for a massive rally. According to Scient, DOGE is currently consolidating above the 1-day support while also finding strong support at the 1-day 100 EMA. These levels have historically been key turning points for Dogecoin, and their ability to hold could indicate that buyers are stepping back in.

Dogecoin setting up for a massive leg higher | Source: Scient on X

Scient also pointed out that lower support levels exist, with strong lows at $0.262 coinciding with the 1-day 200 EMA. These zones, according to Scient, present good opportunities for spot accumulation. He remains bullish as long as DOGE holds above these levels, cautioning that a close below the 1-day 200 EMA would be the only truly bearish signal.

For now, Dogecoin remains at a pivotal point. If it maintains support and breaks higher, a strong rally could follow. However, if the price fails to hold key levels, further downside could be on the horizon. Investors and traders are closely monitoring whether this consolidation phase will turn into the next major uptrend for DOGE.

Price Action Details: Critical Levels

Dogecoin is currently trading at $0.32 after experiencing days of selling pressure and negative market sentiment. The meme coin has struggled to regain bullish momentum since its sharp decline from the January 18 high of $0.43. Now, DOGE is at a crucial level, and bulls must step in to prevent further downside.

DOGE testing key demand | Source: DOGEUSDT chart on TradingView

For DOGE to stay in a strong position, the price must hold above the $0.30 mark. This psychological level has acted as a key demand zone in the past, and losing it could lead to a sharper correction. If bulls manage to maintain support at this level, the next major challenge will be reclaiming $0.35. A breakout above this resistance could reignite bullish momentum and set the stage for a strong recovery.

However, failure to defend the $0.30 level could expose Dogecoin to further declines. In this case, the next major demand zone sits around $0.25, representing a 20% drop from current levels. This level also coincides with the 1-day 200 EMA, which has historically acted as strong support. If DOGE drops that low, it will likely trigger increased accumulation, but for now, all eyes remain on its ability to hold above $0.30.

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Dogecoin Leads The Pack As Dog-Themed Coins Rally – “Trump Effect” Sparks Excitement

The cryptocurrency market is buzzing as President-elect Donald Trump’s inauguration day (January 20) sparks renewed optimism. Among the top performers is Dogecoin, which has taken the lead in driving meme coins into a bullish phase. Over the past five days, Dogecoin has surged by more than 33%, signaling the potential for a massive rally ahead.

Dogecoin’s impressive performance reflects its longstanding position as the meme coin leader, capturing the attention of retail and institutional investors alike. The surge in DOGE’s price has also begun to influence other dog-themed coins, creating a ripple effect across the market. Analyst Jelle shared a technical analysis on X, pointing out that DOGE is paving the way for related coins like FLOKI to follow its upward trajectory.

This resurgence comes amid broader speculation about pro-crypto moves under the new administration, adding to the market’s bullish sentiment. With meme coins gaining momentum and Bitcoin reclaiming key levels, Dogecoin’s rise is part of a larger trend suggesting significant growth in the crypto space. 

As DOGE continues to push higher, the question remains: can it lead meme coins into another historic rally? 

Dogecoin Expected To Rise 

Dogecoin (DOGE) is on the verge of a significant breakout as bullish momentum builds around the cryptocurrency. Investors are eyeing a reclaim of key supply levels, which could signal the start of a massive rally. Market optimism grows by anticipation that Donald Trump, who is expected to prioritize crypto policies when he assumes office, could be pivotal in driving interest and investment in digital assets, including DOGE.

Expert analyst Jelle recently shared his insights on X, predicting a surge in DOGE’s value. “With Trump almost back in office, the US Doge department will soon be a reality,” Jelle commented, hinting at potential government-level engagement with cryptocurrency policies that could benefit the coin. This perspective has sparked enthusiasm among the DOGE community, leading to increased trading activity and speculation on upcoming price movements.

DOGE and other dog-themed coins like FLOKI starting to move | Source: Jelle on X

Additionally, Dogecoin’s rally is influencing the broader category of dog-themed coins, with tokens like FLOKI beginning to gain traction. As DOGE leads, FLOKI and similar assets could follow its bullish trend, further amplifying market enthusiasm. Analysts see these coins as part of a larger narrative of crypto resurgence under a more crypto-friendly administration.

If Dogecoin successfully reclaims critical supply zones, it could pave the way for higher prices in the weeks ahead. Jelle remains confident in the coin’s trajectory, expecting continued upward movement fueled by both technical indicators and macroeconomic developments. As DOGE begins to rise, market participants are watching closely, betting on its potential to drive a broader rally in the cryptocurrency market.

Testing Crucial Supply Levels

Dogecoin (DOGE) is currently trading at $0.41, a pivotal supply level that holds the key to its next major price move. This level has become a critical battleground for bulls and bears, as reclaiming it as a demand zone could set the stage for a powerful upward rally. Analysts suggest that once DOGE establishes $0.41 as a foundation, the price could surge past last year’s high of $0.48, reigniting bullish momentum.

Dogecoin testing crucial supply level | Source: DOGEUSDT chart on TradingView

Breaking the $0.48 resistance is expected to open the door to even higher targets, with Dogecoin’s all-time high (ATH) becoming a more achievable goal. Market sentiment remains optimistic, with traders closely monitoring a potential daily close above the $0.50 threshold. Such a move would not only confirm the bullish trend but also signal the beginning of a massive rally that could lead the meme coin market.

Historically, Dogecoin’s price action has created ripple effects across the crypto space, particularly among meme coins. A breakout above $0.50 could drive renewed interest in DOGE and similar assets, reinforcing its position as a leader in the market. As momentum builds, the coming days could mark a turning point for Dogecoin, with investors eyeing a potentially explosive rally.

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If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details

Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48. Despite the sharp correction, DOGE has managed to hold above the critical $0.30 level, providing hope for a potential rebound. This level now serves as a vital support zone as bulls aim to reclaim momentum.

Top analyst Ali Martinez has drawn attention to an intriguing comparison on X, highlighting similarities between Dogecoin’s current price behavior and its performance in 2017. According to Martinez, DOGE’s historical patterns suggest that periods of sharp corrections have often preceded explosive parabolic rallies. If history repeats itself, Dogecoin could be gearing up for another meteoric rise.

Market sentiment remains a mix of caution and optimism as traders monitor whether DOGE can maintain support and establish a foundation for upward momentum. The comparison to 2017 adds weight to the bullish case, as Dogecoin is well-known for its rapid and unpredictable price surges.

2017 vs 2025: What To Expect?

Dogecoin (DOGE) appears to be mirroring its historical price patterns, setting the stage for a potential parabolic rally in 2024. According to top analyst Ali Martinez, who shared a detailed technical analysis on X, Dogecoin’s current price structure closely resembles its behavior during previous bull runs in 2017 and 2021. This comparison has sparked excitement among investors anticipating a massive breakout.

Dogecoin following a macro bullish pattern

In 2017, Dogecoin experienced a 212% surge, followed by a 40% retracement before skyrocketing 5,000%. Similarly, in 2021, DOGE surged 476%, retraced 56%, and then achieved an astonishing 12,000% rally. Now, in 2024, Dogecoin has already climbed 440% and retraced by 46%. Martinez notes that if history repeats itself, DOGE could be gearing up for another explosive rally, potentially breaking its all-time highs and entering price discovery.

Such a pattern indicates that Dogecoin may deliver gains far beyond current expectations. A move into price discovery could propel DOGE to unprecedented levels, driven by renewed investor enthusiasm and FOMO (fear of missing out) as it regains momentum.

While past performance doesn’t guarantee future results, Dogecoin’s ability to replicate its historic cycles makes it one of the most closely watched cryptocurrencies. If the meme-inspired coin follows its established trend, 2024 could mark another defining chapter in Dogecoin’s journey.

Dogecoin Testing Crucial Demand 

Dogecoin (DOGE) is currently trading at $0.31 after enduring days of significant volatility and uncertainty. The recent rebound from the $0.26 low has provided a much-needed boost to investor confidence, suggesting that DOGE’s price may have found solid footing to build further momentum. This quick recovery indicates underlying strength, raising hopes for continued upward movement.

DOGE testing crucial demand at $0.31

However, the $0.31 level remains a critical barrier for Dogecoin. If the price fails to reclaim and hold this level as support, it could result in a period of sideways consolidation, potentially delaying any meaningful recovery. Such a consolidation phase would likely keep DOGE range-bound, frustrating traders looking for clearer signals of direction.

On the bullish side, a decisive push above the $0.36 mark could trigger a swift recovery, paving the way for Dogecoin to challenge higher resistance levels. Breaking this key threshold would signify renewed momentum, potentially attracting fresh buying interest and setting the stage for further gains.

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Dogecoin Ready To Hit $1 – Price Struggles To Break Above Major Resistance

Dogecoin (DOGE) is currently trading below a key resistance level, signaling the potential for a bullish breakout. However, the price has struggled to surpass this critical barrier, creating uncertainty about the next major move. For Dogecoin to achieve new highs and rekindle investor enthusiasm, breaking this resistance is essential.

Top crypto analyst Scofield recently shared a detailed technical analysis on X, highlighting Dogecoin’s readiness to test the psychological $1 mark. According to Scofield, DOGE’s recent price action shows consolidation near resistance, which often precedes a decisive move. He emphasized that a breakout above this level could ignite a rally, pushing the price toward its long-awaited milestone.

Despite this optimism, traders should approach with caution. The struggle to clear resistance indicates that the market may require stronger buying pressure or a catalyst to trigger the next leg up. If Dogecoin fails to break through, it risks a retrace to lower levels, potentially dampening current bullish sentiment.

As the broader market shows signs of recovery, Dogecoin remains a focal point for investors seeking high-growth opportunities. The coming days will likely determine whether DOGE can reclaim its momentum and make a serious run toward the $1 level.

Dogecoin Pushes Above Key Levels

Dogecoin has surged past critical supply levels, positioning itself for a potential rally that could push prices significantly higher. Currently, DOGE is eyeing the last major resistance zone that must be breached to confirm the start of a new bullish cycle. This level represents a decisive point, and a successful breakout would likely attract substantial buying pressure.

Top analyst Scofield, known for his accurate technical predictions, recently shared insights on X regarding Dogecoin’s current setup. His analysis highlights a bullish triangle pattern forming on DOGE’s chart, a structure often indicative of an imminent breakout. According to Scofield, the pattern’s apex suggests that Dogecoin is nearing a decisive move, with the psychological $1 mark set as the next major target if the breakout materializes.

Dogecoin testing crucial supply

Scofield’s technical analysis underscores key support levels that DOGE has successfully defended, reinforcing the asset’s bullish potential. The triangle pattern also reflects reduced selling pressure, aligning with growing optimism among traders. However, Scofield cautions that any failure to break above the resistance could lead to a retest of lower levels, delaying the anticipated rally.

As Dogecoin captures increasing attention in the crypto market, all eyes remain on this pivotal resistance zone. Breaking above it would signal a renewed bullish momentum, setting the stage for DOGE to test and potentially surpass the $1 milestone.

Technical Details: DOGE Ready To Rally Again

Dogecoin is at $0.426 following an 18% surge to test local supply at $0.43. This critical resistance level has proven challenging for DOGE, as the price has struggled to break above it for over two weeks. Despite the recent upward momentum, the market remains cautious, with analysts highlighting the significance of a decisive breakout above $0.43.

DOGE testing the $0.43 resistance before the breakout

A successful push past this resistance could set the stage for a massive rally, attracting renewed interest from both retail and institutional investors. Historically, such breakouts in Dogecoin’s price action have triggered significant upward movements, making this level a key focus for market participants. However, the inability to breach $0.43 could lead to further consolidation below this level, frustrating bullish sentiment.

Adding to the uncertainty is the risk of a potential correction. If DOGE fails to maintain its current levels or faces increased selling pressure, it could revisit lower price points, possibly retesting supports around $0.38 or lower. Analysts emphasize the need for patience, as Dogecoin’s next major move will likely hinge on breaking the $0.43 resistance. For now, DOGE’s trajectory remains uncertain, but the potential for a breakout keeps it on the radar of traders and investors alike.

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Dogecoin Breaking Out Of Falling Wedge Pattern – Analyst Reveals Target

Dogecoin (DOGE) is consolidating below local highs after an impressive 200% surge over the past two weeks. As the biggest meme coin by market capitalization, DOGE has again captured the spotlight, leading the market with its explosive performance. 

Top analyst and investor Carl Runefelt recently shared a technical analysis on X, highlighting Dogecoin’s breakout from a bullish pattern. Runefelt emphasized the potential for DOGE to sustain its upward momentum, citing increased demand and positive market sentiment as key drivers. He also shared a short-term price target, suggesting further upside in the coming weeks.

Dogecoin’s ability to rally while consolidating above critical support levels demonstrates its resilience and growing popularity. The coin’s strong market presence, driven by community support and investor interest, positions it as a major contender for continued growth. 

As DOGE consolidates its gains, the coming days will determine whether it can maintain its momentum and climb higher. With analysts predicting further bullish price action, all eyes remain on Dogecoin as it continues to strengthen the meme coin market.

Dogecoin Leading The Meme Coin Fever

Meme coins have been standout performers in the past few weeks, with several outpacing traditional altcoins regarding gains and market enthusiasm. Among them, Dogecoin has taken center stage, showcasing impressive growth and sparking euphoric sentiment across the crypto community. Its recent rally has reignited interest in the meme coin sector, with many speculating about the next phase of its bullish momentum.

Top analyst and investor Carl Runefelt recently shared a compelling technical analysis on X, highlighting Dogecoin’s breakout from a falling wedge pattern to the upside. This pattern, often seen as a bullish reversal signal, has led Runefelt to set a price target at $0.4385—the top of the wedge. If this projection materializes, DOGE could see an additional 18% rise in the coming days, solidifying its leadership among meme coins.

Dogecoin breaking out of falling wedge pattern

However, despite the optimistic outlook, risks remain. Runefelt noted the possibility of a fakeout, where the breakout could fail, leaving bulls vulnerable as Dogecoin continues its current consolidation phase. This could lead to short-term volatility, with traders closely watching for confirmation of sustained momentum or signs of a potential pullback.

For now, Dogecoin’s strong performance and clear bullish pattern make it a key asset to watch, with excitement and caution shaping investor sentiment.

DOGE Testing Crucial Levels

Dogecoin is trading at $0.371, marking its highest level since May 2021 and signaling a resurgence in bullish sentiment. The price recently retraced from local highs set last Tuesday, yet DOGE appears ready to keep pushing upward as it tests crucial demand levels. These levels are critical for establishing a foundation to fuel a move toward new highs, potentially reigniting excitement among meme coin enthusiasts.

DOGE testing crucial liquidity at $0.37

The retracement is a healthy pause following DOGE’s impressive rally over the past two weeks. Traders and analysts closely monitor the price action, as a successful hold above these demand levels could act as a springboard for the next leg up. However, caution remains as the broader crypto market looks to Bitcoin and Ethereum for direction.

The market awaits confirmation of Bitcoin and Ethereum’s continued bullish momentum to solidify the next phase of the broader rally. Without this, DOGE could face further consolidation, leading to sideways trading as investors assess market conditions.

Featured image from Dall-E, chart from TradingView