The original meme coin continues the bullish momentum because global uncertainty in the economy drives investors to alternative properties.
Doge’s technical structure shows a series of higher lows and higher, with support firmly established at $ 0.225 and resistance to $ 0.230 recently violated.
Market analysts point to the formation of a “Bull Flag” pattern that suggests continuing the preceding raid, with some target projecting as high as $ 0.65 if the current momentum maintains.
Technical assessments
- DOGE-USD showed amazing strength within 24 hours, ralling from $ 0.218 to $ 0.230, representing a 6.43% gain.
- Price action is generated by a clear ultrend with higher lows and higher, destroying the main resistance to $ 0.220 with a more average volume.
- The support was established at $ 0.225, which was confirmed by a strong purchase volume of over 300m in consecutive hours.
- Stable development towards $ 0.230 suggests a momentum that remains stable with potential potential for continuous reversal.
- At the last time, the Doge continued to climb from $ 0.229 to $ 0.230, with a prominent advances at 07:07 where the volume exceeded the 21m coin.
- The action of short -term prices has formed a series of higher lows with strong support of $ 0.229.
- Resistance to $ 0.230 was tested several times before damaged at 08:01 in about 10m quantity.
External reference
- “Experts predict Dogecoin can sauce more than 500% if this happens“, Zycrypto, published May 24, 2025.
- “Dogecoin Price Proper: Doge Whales Shift Gears on New Crypto Tipped to Surge 3000% in 30 days“, Cryptopolitan, published May 25, 2025.
- “Dogecoin prices may move forward as demand grows, but this trendline holds key“, Bitcoinist, published May 26, 2025.
