Dogecoin’s weekly Bollinger Bands have expanded after a prolonged squeeze, indicating a new phase of volatility may be underway.
DOGE surged 26.11% weekly, reaching $0.25047, with a breakout candle that reclaimed the 20-week SMA and upper mid-band territory.
Trading volume rose by 10.93% to $6.14B, aligning with the breakout move and confirming renewed market participation.
Dogecoin’s price action is attracting attention this week following a strong bullish weekly close. The asset recently climbed to $0.25047, reflecting a 26.11% weekly gain. This move has coincided with a technical breakout on the weekly chart. The most notable indicator is the Bollinger Bands which have been a squeeze since the beginning of 2025 but will now begin to expand. This shift is an indication that the era of low volatility is over. On the chart, the upper and lower bands are clearly diverging, which typically indicates the start of a more volatile phase.
At the same time, Dogecoin has pushed past the middle Bollinger Band level—an area that previously acted as resistance during recent weekly attempts. The current candle has a large bullish body, suggesting that buyers are in control after a long phase of sideways trading. Importantly, this candle follows several weeks of consolidation, giving additional weight to the sudden breakout.
DOGE Volume Climbs as Price Tests Resistance
Coinciding with the technical breakout, Dogecoin’s 24-hour trading volume jumped by 10.93%, reaching $6.14 billion. This increase in volume establishes the notion that the recent action can be backed up by increasingly active trading rather than independent orders. In the meantime, the market capitalization of Dogecoin also rose by 4.32% and currently sits at 37.85 billion dollars. Such a movement is not only indicative of increase in price but also the increased number of transactions made in the same time frame.
Source: CoinMarketCap
The chart also shows that Dogecoin’s price is now testing a resistance zone near the upper Bollinger Band. This area previously triggered multiple reversals between late 2024 and early 2025. However, the expanding bands suggest there is space for further movement if momentum continues. Additionally, the price currently sits above both the 20-week moving average and the middle band, which aligns with prior bullish phases.
Bollinger Bands Widen as DOGE Exits Consolidation Phase
The Bollinger Band squeeze that started earlier in 2025 seems to have timed out. The indicators are now looking like widening bands, a configuration that tends to exploit rising volatility. Price levels within the chart confirm that Dogecoin has broken above recent resistance zones. The lower Bollinger Band has also begun curving downward, providing a visual sign that compression has ended.
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As the asset maintains positioning above the midline, attention remains on how the next few candles evolve. Continuation of this pattern may influence how traders react to the developing structure. However, as of the current weekly session, Dogecoin is firmly above its recent range, with technical indicators suggesting a transition out of consolidation.
