Yes, there is a strong possibility of Dogecoin (DOGE) price increase, $$$$

📊 Current technical situation (July 12, 2025)

Element Description

Current Price Approximately $0.202

Support Level $0.165 – $0.175 (strong support)

Resistance Level $0.218 → $0.232 → $0.250

Trend Price swiftly reversed after falling below $0.16, which is a bullish signal

MACD / RSI Both indicators are entering the bullish zone from neutral

📈 Possible reasons for price increase

$DOGE

1. Elon Musk's political influence (DOGE = public crypto)

In recent days, Elon Musk has provided support for Dogecoin again, especially when his new political movement 'America Party' talked about crypto inclusion.

There is a possibility that Dogecoin will be included in wallet/payment on X (Twitter).

2. Large whale accumulation

In the last 7 days, large investors have bought 1.3 billion DOGE (coindesk, July 10) — this is a bullish signal.

3. Market Sentiment

Meme coins are back in the spotlight (SHIBA, PEPE, etc.), and Dogecoin is the 'father' of them all.

Bitcoin and ETH are also rising in price, which will benefit altcoins.

4. Technicals: Is a breakout near?

Dogecoin is forming an 'ascending triangle' pattern, which often goes up with a breakout.

If it closes above $0.218, the next target could be $0.250–$0.265

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📉 Risks of price decline

Risk Explanation

Market Crash If BTC falls, DOGE will also fall

Musk's Silence If Elon Musk remains silent, hype may decrease

Meme Fatigue People may move to other meme coins

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🎯 Possible short and medium-term targets

Duration Target Probability

Short Term (1–2 weeks) $0.215 – $0.232 ✅ More

Medium Term (1–3 months) $0.250 – $0.300 ✅ Good possibility

Long Term (2025/Q4) $0.400+ (if X or Tesla adoption happens) ❓ Possible but uncertain

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✅ Conclusion: What should be bought?

If you buy Dogecoin in the range of $0.190–$0.205:

Short Term Target: $0.232

SL (Stop Loss): $0.185

Risk-Reward Ratio: Reasonable

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