🔹 Dogecoin (DOGE) Market Update – July 17, 2025 🔹
Today, Dogecoin has shown positive performance, with its price rising by 7% in the past 24 hours, surpassing the $0.215 level supported by a wave of optimism across the market, especially after Bitcoin stabilized above the $118,000 barrier.
📊 Technical analysis indicates the formation of a "Bullish Flag" pattern on the chart, which is considered a signal for the continuation of the upward trend. This pattern usually consists of:
An upward pole (a strong price movement upwards),
Followed by a brief corrective phase (where prices move sideways or slightly down),
Then a breakout of the flag resistance, paving the way for a new upward wave with the same strength as the initial movement.
✅ Breaking the technical resistance at $0.2155 may open the door to target new levels ranging from $0.225 to $0.235 in the coming days, provided the current momentum continues.
⚠️ Caution: Despite this momentum, the market remains volatile. It is advisable to set stop-loss points and not risk a large portion of capital.
📌 Do you see a current opportunity with Dogecoin? Share your opinion or question in the comments! 💬
