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Dogecoin is trading at $0.1654, down -3.55% in the past 24 hours. After testing the $0.1615 support level, DOGE is showing signs of a potential rebound. Key Market Insights: Recent Drop: DOGE fell from $0.1728 but found buyers near $0.1615. Moving Averages: DOGE is hovering around the MA(10) at $0.1643, with the MA(20) at $0.1668 acting as a resistance zone. Buyer Strength: Order book shows 54% buy interest, signaling potential recovery. Key Levels to Watch: Resistance: $0.1685 – Breaking above this level could send DOGE back toward $0.1720+. Support: $0.1615 – Losing this level may open the door for further downside. What’s Next? DOGE needs to reclaim $0.1685 for bullish momentum to continue. A strong push past this level could set up a retest of the $0.1720 resistance. Will DOGE rally toward $0.18, or is another dip coming? Share your thoughts below!

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Dogecoin (DOGE), appears to be on the verge of a significant price rally, with technical indicators signaling a bullish breakout. The Stock RSI indicator suggests momentum is shifting, resembling past breakout points that led to massive price surges. Analysts predict that DOGE could be gearing up for an explosive move upward, with a potential rally of 318% based on historical patterns and market dynamics. Recent price movements show DOGE trading around $0.16760 after pulling back from its recent high near $0.50. Historically, Dogecoin has experienced substantial gains following periods of accumulation, with past rallies reaching 88.29%, 187.46%, and 444.60%. According to analyst Ali Martinez, the Stock RSI indicator is nearing a bullish crossover, indicating that momentum is shifting in favor of buyers. If history repeats itself, DOGE could be on track for another significant breakout.. Market analyst JavonTM1 has pointed out that DOGE recently surged 129% after breaching a critical resistance trendline. He believes that the price could reach $0.6533, representing a potential 318% increase . The coin is currently in a position to confirm another set of higher lows, which could clear the path for further gains. The key resistance levels to watch include $0.24, which could serve as the first major hurdle before higher targets become achievable. Analysts applying Elliott Wave Theory suggest that Dogecoin is in the middle of a bullish impulse wave. Volume spikes indicate increased market participation, which strengthens the possibility of a sustained upward move. Related: Dogecoin ETF Filing Sparks Interest, but Prices Drop Over 12%—What’s Next? Additionally, a curved trendline suggests that DOGE has shifted from a prolonged correction phase into a breakout phase. This structural change in the price movement aligns with previous bullish cycles that resulted in exponential gains. As of press time, Dogecoin is priced at $0.1649 , with a 24-hour trading volume of $1.49 billion. The meme coin has declined by 1.55% in the past 24 hours and 18.39% over the past week. Despite this short-term dip, analysts remain optimistic about its long-term potential. The current market cap of $24.39 billion and a circulating supply of 150 billion DOGE further support the case for continued investor interest and liquidity. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Since the crypto market is still erratic,meme currencies are starting to pick momentum. Having a sector market capitalization of $47.5 trillion right now,$DOGE coin is trading at $0.17. It is still very unknown during the previous 24 hours; the 7-day trend shows a negative impact. Having dropped 17.77% over the last seven days, Dogecoin has a market capitalization of $25 billion. Will the transient uncertainty benefit Dogecoin in any way? Three Factors Affecting the Bound for Bullish Rally of Bitcoin$BTC Extremely positive on the most popular meme currency, a crypto expert offers some prospects for reversal. According to the expert, the $DOGE price trend is showing on the weekly chart a reverse rally with the development of a Doji candle. Usually the candles that signal the end of a dominant trend are the Doji candles. The Doji candle suggests a possible bullish reversal while $DOGE coin continues to be mostly failing. The expert also emphasizes the significant growth of the $DOGE coin network, therefore augmenting the possibilities of a positive trend. The total number of newly created $DOGE coin addresses doubled throughout the previous month. On the Dogecoin network, this increases from 16,400 to 34,600 fresh addresses. Supporting the possibilities for a breakthrough rally, the MACD and signal lines almost show a positive crossing. The 50- and 200-day EMA lines have provided a death cross considering the general downturn. Moreover, the EMA lines for 100- and 200-days are dropping in direction of a bearish crossing. A bullish escape driven by Fibonacci levels will drive D $DOGE coin to the 50% level at the $0.28045 mark. Conversely, the important support stays at the $0.15 psychological level then the $0.10 level.