Dogecoin‬⁩

Dogecoin forms an accumulation base as historical chart patterns align, and an analyst suggests it’s time for bulls to rule.
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Dogecoin has recently shown signs of recovery after a brief decline. Between June 20 and June 23, the asset dropped steadily, reaching just above $0.145. However, the price rebounded sharply, forming a V-shaped recovery pattern. By June 26, Dogecoin had stabilized in the $0.162 to $0.167 range.
While the asset now trades sideways, TradingView analyst Setupsfx points to a critical development phase based on Wyckoff theory, suggesting that a bullish shift may be forming.
Wyckoff Pattern and Accumulation Signs Emerge
According to the chart shared by Setupsfx, Dogecoin appears to be in an accumulation phase. The chart also highlights multiple Change of Character (CHoCH) patterns, typically indicating early buying interest. In addition, marked Fair Value Gaps (FVG) and Imbalances (IMB) suggest potential target areas if upward momentum increases.

Notably, historical data from 2024 also reflects similar behavior. A descending trendline formed after Dogecoin surged to $0.2286 in late March 2024. The trendline rejected upward movement several times, including on July 22 at $0.141 and July 29 at $0.135. A breakout in late 2024, following a visible accumulation, sent prices as high as $0.48 by December 2.
Following that high, a new falling trendline emerged. The price touched $0.435 on Jan. 13, 2025, before declining to $0.128 by April 7, 2025. After rebounding again, Dogecoin faced another rejection near $0.254 on May 19, 2025. The asset has since entered a new accumulation zone, indicating a possible attempt at another breakout.
Upside Potential Cited by TradingView Analyst
Setupsfx has emphasized that Dogecoin is now trading at a key buying level. However, the analyst noted the need for confirmation before any trading decision. The current phase may take some time to mature, as it is currently in a state of accumulation. According to the analysis, price movement into a distribution phase would offer stronger directional signals.
Based on the chart setup, Setupsfx projects that a successful swing trade from the current price of $0.1653 could yield gains up to 214.6%. If that occurs, Dogecoin could reach a potential target near $0.52, a new yearly peak. However, risk parameters remain necessary, given the structure has not yet fully confirmed a bullish breakout.
Key Metrics Indicate Network Growth 
On-chain data from IntoTheBlock confirms the thesis of ongoing accumulation. Over a 7-day period, new addresses rose by 102.40%, while active addresses increased by 111.32%. 

Zero balance addresses—often indicating prior holders returning—grew by 155.45%. These metrics suggest rising interest and user participation, both critical elements for sustaining accumulation phases in crypto markets.
Higher-Low Structure Signals Possible Continuation
Meanwhile, an additional analysis came from Twitter users WIZZ and Chris also pointed to looming bullishness. Chris, in a June 24 tweet, mentioned Dogecoin’s bounce from a multi-year support trendline on the weekly chart. He noted the move maintained the coin’s higher-low structure, established after October 2023. This structure previously triggered a shift into an ascending channel. 
Chris indicated that, if the structure holds, Dogecoin may continue toward the top of the wedge. His chart projected a potential move to $1, or even as high as $1.40.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. @Lachakari_Crypto is not responsible for any financial losses.
$DOGE
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#Dogecoin‬⁩ #DOGE

🔹 Dogecoin (DOGE) has made a strong comeback – rebounding 17% from its weekend sell-off and firmly holding the key $0.16 support level. While global markets face geopolitical uncertainty, DOGE appears to be gearing up for further growth, especially amid rising speculation about its possible use in Elon Musk’s X payment system.

🔍 What’s Happening on the Market?
Dogecoin has bounced back quickly from the weekend drop and formed a new higher low, which bulls see as a solid signal of a continuing upward trend. The bounce from $0.1628 was accompanied by massive buying pressure, with nearly 300 million DOGE tokens traded in just a few hours.
Meanwhile, Coinbase’s support for wrapped Dogecoin (wDOGE) in DeFi apps is adding to market interest – and this meme coin is once again proving it’s no joke.

📈 Price Action & Key Technical Levels
Over the last 24 hours, DOGE traded within a tight but active range between $0.1628 and $0.1677, reflecting a price swing of nearly 3%.

Key developments:
🔹 Strong support: Confirmed at $0.1628 with heavy buying volume

🔹 Short-term resistance: Formed at $0.1677

🔹 Closing price: $0.1657 – forming a higher low and signaling bullish momentum

🔹 Last hour gain: 0.98% rise from $0.1645 to $0.1661

🔹 Volume spikes: At 01:28 and 01:34 UTC, volumes surged to $10.7M and $20.1M, pushing DOGE to a session high of $0.1664

🔹 Stabilization: In the final 15 minutes, the price held above $0.1659 with notably lower volatility

💡 What’s Driving the Rally?
Beyond technical triggers and volume surges, a major factor is speculation surrounding Elon Musk’s plans to integrate cryptocurrency payments into X (formerly Twitter). Many investors hope that Dogecoin could play a central role, significantly boosting optimism across the community.

🧠 Summary
Dogecoin is showing signs of renewed strength:

🔹 Holding crucial support

🔹 Clear volume-driven momentum

🔹 Gradually building a structure of higher lows
Altogether, this suggests DOGE might be poised for another upward wave, as long as positive sentiment continues and official confirmation about Musk's payment system arrives.

#Dogecoin‬⁩ , #DOGE , #CryptoNews , #ElonMusk , #memecoin

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Dogecoin (DOGE), the beloved memecoin, has recently been caught between a potential breakout and intense volatility. Recent market activity shows DOGE hitting a crucial technical resistance level—marking a decisive moment for its price direction.

Whale Moves 155 Million DOGE
On-chain data shows that a major DOGE holder transferred 155 million tokens (around $24.6 million) to Robinhood. This move followed a price spike and may have contributed to the asset’s subsequent decline. However, it remains unclear whether this transfer was meant as a sell-off or simply a reallocation.

Geopolitical Events Fuel Volatility
Dogecoin's price surged after initial reports of a ceasefire between Iran and Israel, reaching an intraday high of $0.1674. But that optimism quickly faded when it turned out the truce wasn’t formally agreed upon. A new attack from Iran sent markets tumbling once again.

Weak Volume Raises Questions
As of writing, DOGE trades around $0.164—up more than 7% in the last 24 hours. Yet trading volume has dropped by 10% compared to the day before, raising concerns. When volume falls during price rallies, it often signals weak momentum and potential "bull traps."

$18M in DOGE Leaves Exchanges
In a surprising move, investors withdrew over $18 million worth of DOGE from exchanges in the past 24 hours. This kind of outflow typically indicates accumulation—moving tokens into long-term wallets and away from immediate selling pressure. It could help stabilize the price and even support a rally.

Key Technical Level: $0.17
From a technical perspective, DOGE remains within a long-term descending channel. Resistance currently sits at $0.165. A successful daily candle close above $0.17 could unlock a bullish run of 20%–50%, but failure to maintain that level might lead to another drop toward support.

Summary
Dogecoin is at a critical point. On one hand, there are signs of accumulation and possible breakout; on the other, strong resistance and global uncertainty weigh on the asset. Investors should watch the $0.17 level closely as a potential trigger for the next major move.

#DOGE , #Dogecoin‬⁩ , #CryptoNewss , #memecoin , #whalealert

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The Dogecoin to $1 projection has gained steam in recent times, as a recent analysis highlights an indicator for a massive move next month.
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Specifically, analyst WIZZ shared this Dogecoin to $1 projection in a Tuesday tweet, amid its interesting recovery. For context, DOGE joined a broader market downtrend on Sunday, dropping to an intraday low of $0.142.
However, as Bitcoin recovered, the prominent meme coin rallied with it, surging nearly 17% from the weekly low to its current price. Now, WIZZ has projected further upside for Dogecoin, quoting an analysis from top analyst Chris.
Dogecoin Bounces from Crucial Support
Chris shared in a June 24 tweet that Dogecoin bounced from an interesting spot on the weekly timeframe. An accompanying chart shows that last week’s 13% correction dragged prices to a multi-year support trendline.

Remarkably, the crucial demand zone emerged after Dogecoin found solace on it amid a lower-low price trend in October 2023. Notably, DOGE initiated a price rebound and subsequently entered an ascending channel, forming higher highs and higher lows.
Chris highlighted that Dogecoin’s recent dump to $0.142 was part of its higher-low price pattern, with the recent bounce suggesting the end of the corrective phase. If support continues to hold and DOGE shows strength, the market watcher predicts that the meme coin could resume the higher-high trend, targeting the tip of the wedge.
Specifically, he predicted a push for Dogecoin to $1, with his chart showing it could reach as high as $1.40, marking several milestones for the coin. First, the 743% rally to $1.4 would represent a new all-time high and ensure that DOGE finally breaches the one-dollar valuation.
Interestingly, Chris suggested the massive move would begin in July, with momentum from the support setting Dogecoin up for the decisive rally. Meanwhile, he also urged holders to take profit when DOGE reaches its target.🎯
Dogecoin to $1 Predictions
Notably, this is not the first prediction of a Dogecoin to $1 rally; the target is a common expectation among enthusiasts. Even the prominent asset manager Galaxy Research predicted that Dogecoin would reach $1 before the end of 2025.
Javon Marks also suggested that Dogecoin would soon breach $1, specifically targeting $1.25. In his analysis, he highlighted a bullish continuation pattern on DOGE’s chart, suggesting the next higher high rally would push prices to the price mark.
Furthermore, analyst Henry had a similar price expectation for Dogecoin, predicting that a breakout from a falling wedge in March would spur the 511% surge. Meanwhile, other market watchers have set high targets for DOGE this cycle, with CryptoELITES predicting an uptick to $5.
At the time of writing, Dogecoin is trading at $0.166, up 7% over the past 24 hours.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. @Lachakari_Crypto is not responsible for any financial losses.
$DOGE
#Dogecoin‬⁩ #doge⚡ #Doge🚀🚀🚀 #BinanceAlphaAlert #MarketRebound