Dogecoin now holds near $0.20, and a move above $0.19 may lead the price toward $0.25 soon.
The price has built strength near a rising line that has stayed solid since late last year.
Buyers now watch the $0.19 support level, which could push Dogecoin to retest the upper range.
Dogecoin (DOGE) is testing a crucial support level near $0.19 that may define its short-term direction. Chart analyst Ali (@ali_charts) posted a technical setup showing DOGE’s need to hold this price to keep the bullish momentum alive. If successful, the path toward $0.25 becomes more probable based on current market conditions.
Source: X
As of July 12, 2025, Dogecoin traded around $0.19986, gaining 2.49% on the day. This increase puts DOGE just above the key $0.19 support. The trendline drawn from late 2023 continues to hold, forming a steady ascending support base over the months.
The daily chart indicates multiple horizontal resistance levels, with the next major target at $0.25. If price maintains strength above $0.19, further upside may develop. The technical structure supports a bullish continuation as long as buyers defend current support.
Technical Chart Structure Shows Clear Trend
The chart presented by Ali shows Dogecoin's price bouncing above a long-term ascending trendline, which has held since late 2023. The trendline intersects key support zones and has consistently provided a reliable floor for price action throughout multiple cycles.
DOGE previously fell from highs near $0.48 and established a bottom just below $0.13 before rebounding. Since then, price has formed higher lows, confirming the strength of the upward trend. The $0.19 area currently acts as the most immediate level of technical significance.
Several resistance levels are visible between $0.21 and $0.25. These zones have acted as barriers in the past and will likely be tested again. The latest price action shows DOGE breaking slightly above $0.20, suggesting buyer presence and renewed strength.
In the chart, the $0.17 zone served as the prior bounce point and is now a second layer of support below $0.19. This double-support setup creates a foundation for a potential climb. If $0.19 fails, the next key level would shift lower toward $0.17 again.
Can Dogecoin Sustain a Rally Toward $0.25?
A critical question arises: Can Dogecoin maintain enough momentum to reach and hold above the $0.25 resistance? According to the shared chart, this is possible if $0.19 continues to hold over the coming trading sessions. The path appears more clear based on horizontal resistance fading above $0.21. Trading volumes and past support behavior add further weight to this bullish outlook.
Community sentiment also favors a move toward $0.25. Replies to the original post reflect optimism about a possible rally. A user requested confirmation about breaking the $0.25 mark, while others suggested a new high could be forming soon.
While reactions varied, chart data presents objective levels. Traders watching the chart can monitor price behavior near $0.19 and watch for higher closes. With the trendline support intact and resistance nearby, Dogecoin remains in focus for short-term gains.
