Dogecoin entered a critical phase of integration -including below $ 0.26 resistance after experiencing 18% fall since May 10 local high, according to the CoinDesk Research’s technical data technical evaluation model.
The recent whale activity shows 170 million tokens worth more than $ 40 million fell in recent days, which potentially set up for the next major breakout.
The Recent Dogecoin action shows a clear bull flag pattern that forms after a wonderful rally that began in early April.
Despite the current pullback, technical indicators suggest that it can be a healthy integration -with another leg.
Analysts point to a potential breakout within the next 7 days that could push the Doge to $ 0.35- $ 0.45, which represents a potential 52-114% gain from current levels.
Technical assessments
- DOGE showed strong bullish momentum, climbing from $ 0.222 to $ 0.228, forming an upward channel with significant support of $ 0.218-0.219.
- A major resistance zone appeared at $ 0.233-0.234, in which income extraction occurred despite strong volume.
- The sharp pull of the final time from the high day suggests potential integration -together, even though the underlying momentum remains positive with higher lows established throughout the season.
- The Doge has experienced significant volatility with a sharp downward correction, falling from $ 0.233 to $ 0.227, representing a 2.57% decline.
- Multiple attempts to establish support occurred between $ 0.227- $ 0.228, with a short combination period.
External reference
- “Dogecoin price prediction: A break above $ 0.230 can release a full-knit rally of meme“, Cryptonews, published May 18, 2025.
- “Dogecoin Momentum Fades – Analyst expects $ 0.213 Retest“, Newsbtc, published May 21, 2025.
- “The Dogecoin chart is very good to ignore, says the businessman looking at Double “, NewsbtcPublished May 21, 2025.
