Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is showing renewed bullish momentum after forming a golden cross on its hourly chart — a technical pattern that often signals the beginning of an upward trend.
Despite rising risk appetite in 2025, Dogecoin (DOGE) has sharply underperformed, suffering major losses while Bitcoin and Ethereum maintain strong momentum. This signals a structural shift as investors consolidate capital into major cryptocurrencies, leaving memecoins like DOGE behind.
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Dogecoin rebounds from key support, with analysts predicting a potential surge to $1 or higher in coming months.
Dogecoin recently faced rejection at the crucial $0.20 resistance, dipping to $0.17 amid bearish signals and cautious investor sentiment despite a Bitcoin rally.
Dogecoin continued to face downward pressure as the broader cryptocurrency market attempted to regain its footing following a turbulent close to the previous week. Bitcoin, the market leader, has shown a repetitive cycle since May 23—sharp drops towards the end of the week, range-bound movement over the weekend, and modest recoveries on Mondays. Should this pattern persist, Dogecoin might see a similar bounce. However, at the time of writing, its price action remained firmly bearish.
Dogecoin and meme coins plunge amid geopolitical tensions, with over $1B in crypto liquidations in 24 hours.
Dogecoin (DOGE) has gained nearly 3% with a 57% surge in trading volume, supported by multiple bullish technical signals suggesting a potential rise toward $0.40.
DOGE forms bullish triangle pattern; breakout above $0.203 could trigger strong upward move toward long-term $5 target.
