Dogecoin (DOGE) is once again grabbing attention in the crypto space as recent chart patterns and a broader market recovery boost investor optimism.
Now ranked 9th by total market capitalization, this popular meme coin shows a level of resilience that suggests it has moved beyond its novelty status.
Dogecoin Price Analysis
DOGE currently trades at $0.17, up 7.7% today. The price had previously hovered around $0.14—a level that many analysts marked as a key breaking point. Long-term traders often viewed dips toward $0.10 as a strong entry opportunity for accumulation.
Although past performance doesn’t guarantee future results and this isn’t financial advice, the recent push from $0.14 may offer solid gains for those who bought at that range.
Source – 99Bitcoins YouTube Channel
One major reason for the current enthusiasm is a double bottom pattern forming on Dogecoin’s chart. This bullish setup shows two similar lows with a peak between them, indicating that sellers are losing steam while buyers step in.
The latest double bottom appeared around the $0.157–$0.158 zone in early July, accompanied by above-average volume—strengthening the signal. This pattern matches the broader market’s recovery, especially with Bitcoin (BTC) pushing back toward the $110,000 level.
Historically, Dogecoin often mirrors Bitcoin’s movement. The macro momentum, along with easing global trade tensions and geopolitical risks, sets a more optimistic backdrop for DOGE and similar assets.
Analysts are closely tracking indicators like the Simple Moving Average (SMA). A 50-day SMA crossing above the 200-day SMA—often a lagging but reliable bullish sign—may be on the horizon if current trends continue.
Dogecoin Price Prediction
While some broader indicators still show downward pressure, the case for a bullish DOGE outlook keeps building. The coin repeatedly finds support near $0.16 and doesn’t hold below $0.13 for long.
Earlier rebounds pushed DOGE to $0.19 and even $0.25, making today’s $0.17 price a potentially strategic entry point ahead of a possible run toward $0.20 resistance.
Sentiment is clearly shifting. The “Fear and Greed Index” sits around 50, reflecting a balanced market with bulls and bears in a standoff.
Still, the technical picture and external trends suggest DOGE may stand at a crucial turning point. Many traders are now asking if this level marks the lowest price DOGE will see for a while.
Dogecoin could be regaining momentum, and the market is watching to see whether this rally marks the start of a longer bullish run.
Based on the 7-day price chart, Dogecoin (DOGE) appears to be forming a bullish structure following a clear double bottom pattern that developed around July 2 near the $0.158 level.
After touching this local low, the price rebounded sharply, climbing above $0.175 before retracing slightly to the $0.165 range. This upward surge, combined with elevated volume during the breakout, signals renewed buying interest.
If DOGE holds above the $0.162–$0.165 support zone in the coming days, the chart suggests a possible retest of the $0.175 resistance. A breakout above that level could open the path toward $0.18 or even $0.20 in a bullish scenario.
However, if price falls below $0.16 again, short-term momentum may fade. The outlook remains cautiously optimistic as long as DOGE sustains higher lows and broader market sentiment stays positive.
Next Meme Coin to Explode
BTC Bull Token (BTCBULL), a Bitcoin-themed meme coin, just burned 7.35 billion tokens—cutting 35% from its total 21 billion supply. This big burn has sparked bullish energy just days before the official launch.
The presale has already raised over $8 million. The claim phase begins in just few days, and many are calling $BTCBULL the “official Bitcoin meme coin.” It mixes the fun of meme coins with real use cases designed for Bitcoin fans.
Source – BTC Bull Token Twitter
One of its standout features is the Bitcoin airdrop. Holders will receive free Bitcoin in their wallets when BTC hits major price milestones. A large airdrop will go out when Bitcoin reaches $250,000, with more set for higher prices.
$BTCBULL also follows Bitcoin’s deflationary style. It plans more token burns at key Bitcoin levels—$125,000, $175,000, and $225,000—with bigger burns ahead. These burns aim to reduce the token supply and possibly increase value through scarcity.
Holders can also stake their tokens during the presale and earn up to 51% APY—a strong incentive to grow their holdings.
BTC Bull Token teamed up with Best Wallet, a secure and private crypto wallet. This partnership makes it easy to receive Bitcoin airdrops. Best Wallet doesn’t ask for ID or verification and supports many chains and wallets.
With less than 3 days left in the presale, now is the chance to grab $BTCBULL at its current price. To buy, connect your wallet (Best Wallet is suggested for airdrops, but MetaMask and others work too) and swap USDT, BNB, or ETH for $BTCBULL.
Visit BTC Bull Token
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