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    Home»Cryptocurrency»Dogecoin Bounces Off $0.19—Here’s What Could Spark the Next Rally
    Cryptocurrency

    Dogecoin Bounces Off $0.19—Here’s What Could Spark the Next Rally

    Team_SimonCryptoBy Team_SimonCryptoJuly 15, 2025No Comments3 Mins Read
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    TL;DR

    • Dogecoin reclaims $0.19 as help, forming greater lows and focusing on a push towards $0.25.
    • Analysts spotlight $0.213 because the breakout degree for DOGE to increase its upward momentum.
    • RSI stays impartial, whereas Bollinger Bands and quantity recommend room for extra value motion.

    Dogecoin Holds $0.19

    Dogecoin (DOGE) has discovered recent help on the $0.19 degree and is now buying and selling just under $0.20. The value motion follows a 14% achieve over the previous week, although the final 24 hours have seen a decline of about 8%. 

    Notably, the bounce from $0.19 is seen as an vital shift in construction, placing the $0.25 vary again in focus.

    Dogecoin lately broke above the $0.19 zone, which had acted as resistance throughout Might and early June. The transfer now confirms this degree as a brand new help space. The every day chart reveals the worth bouncing from the decrease finish of a visual buying and selling channel, forming a brand new short-term development of upper lows.

    Analyst Ali factors out that DOGE might proceed aiming for $0.25 so long as it holds this reclaimed degree. A pointy enhance in quantity may push the worth towards the higher finish of the vary. If momentum fades, a drop again under $0.19 would break the present construction.

    Dogecoin $DOGE continues to focus on $0.25 so long as it holds above the $0.19 help! pic.twitter.com/HQJMTRE7jW

    — Ali (@ali_charts) July 14, 2025

    Eyes on Weekly Resistance at $0.213

    One other key space sits at $0.213. Analysts say this weekly degree wants to interrupt and shut above for the present transfer to increase. If that occurs, merchants might look towards greater areas like $0.34 and $0.48.

    A failure to clear $0.213 may result in a return towards the $0.186–$0.182 zone. Till then, the market stays in a short-term upward construction, with key ranges clearly outlined.

    Momentum Indicators and Consumer Exercise

    The Bollinger Bands present DOGE close to the higher band, suggesting elevated volatility and upward strain. The value continues to be buying and selling above the 20-day easy shifting common, which acts as an area help.

    RSI on the every day chart sits close to 58, a impartial degree. This will permit for extra upside if demand picks up, however a drop in momentum may deliver a short-term pause.

    Supply: TradingView

    Knowledge from Glassnode indicates that there are 68,268 lively DOGE addresses as of July 14. Such exercise surges are inclined to happen after vital value fluctuations, although typically they aren’t as excessive as throughout earlier market cycles.

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