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Dogecoin Eyes Massive Breakout: Next Move Depends On $0.30

News Feed - 2025-10-06 07:10:35

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin has shown signs of renewed momentumafter reclaiming ground above $0.26 in the past 24 hours, but it hasn’t made a clean breakout yet. Nonetheless, crypto analysts are bullish on the meme coin, and a few of them have highlighted important support, resistance, and breakout levels. As it stands, Dogecoin path to $0.3 still holds merit, and its reaction here will determinehow its price action plays out. Analysts Map Out Bullish Setups And Near-Term Targets


The $0.30 level, in particular, stands out as the next critical threshold for Dogecoin: both as a psychological and technical marker that could open the door for a stronger rally if conquered.  Related Reading Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead 1 day ago


For instance, crypto analyst Ali Martinez observed that Dogecoin is currently trading within an ascending channel. This pattern holds merit as a bullish continuation, and according to the analyst, Dogecoin is still in the accumulation phase. The projection on the chart shows all that’s needed now is for a clean break above $0.3 for Dogecoin to enter into an expansion phase.



Dogecoin 1W Price Chart: @ali_charts on X


EtherNasyonaL, another crypto analyst, is more aggressive with Dogecoin. According to his projection, Dogecoin has now completed a successful retest after breaking above a descending trendline of lower highs. The most recent 3-day candlestick now shows Dogecoin forming a bullish candle above $0.25, and now the next step is a bullish leg to new all-time highs.



Dogecoin 3D Price Chart: @EtherNasyonaL on X


Dogecoin has been consolidating in a clear nine-month ascending triangle and is now approaching a key breakout point, according to aTradingView analysis. The pattern has been forming since early 2025 with rising support around $0.22 and a horizontal resistance zone between $0.28 and $0.30. DOGEUSD now trading at $0.25. Chart: TradingView


Therefore, a confirmed breakout above $0.30could send the Dogecoin price to between $0.38 and $0.40, matching the height of the formation and aligning with a prior resistance zone from earlier in the year. The breakout must come with a strong daily candle close above $0.30 and a clear volume surge, ideally two to three times higher than normal.


Failure to hold above $0.30 or a drop below $0.22would invalidate the bullish setup, but for now, Dogecoin’s structure suggests that a decisive move is close.



Dogecoin 4H Price Chart: The Pythia On TradingView Early Signs Of Strength


Dogecoin needs enough trading volume in order to complete this predicted move. The move needs to be backed by a noticeable surge in trading volume, ideally two to three times higher than the recent average.


Dogecoin’s trading volume has spiked notably in the past 24 hours, coming to $2.5 billion across all exchanges. Furthermore, active addresses and transaction frequency have both increased over the last few trading hours.  Related Reading Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target 2 days ago


At the time of writing, Dogecoin is trading at $0.2644, up by 4.5% and 16.7% in the past 24 hours and seven days, respectively.


Featured image from Pixabay, chart from TradingView

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