✨Does Dogecoin join the wave of Bitcoin rises after reaching a price of 0.2256$ and with meme coins continuing to gain momentum in 2025? Here are the price predictions for Doge.
✨Dogecoin (Dogecoin-DOGE) is trading at 0.2297$ within a strong upward trend that has pushed it to re-test critical resistance levels. Its launch came after the formation of the "Three White Soldiers" candlestick pattern, which usually indicates a reversal of the downward trend and is characterized by three consecutive green trading candles without noticeable retracements, often followed by a strong price surge as buying pressures continue to increase.
🔥The overall positive sentiment was confirmed after the price successfully broke the Fibonacci extension level of 1.618 at $0.2109, now heading to its next test of 2.272 at $0.2298.
🧭 The EMA and MACD indicators suggest the continuation of the upward trend and provide support for DOGE's price.
🧭 The 50-day Exponential Moving Average (EMA-50) line - currently stable at $0.1867 - has continued to provide support throughout DOGE's recent upward journey, confirming its strength, and Dogecoin's price remains stable above it, reflecting strong market confidence.