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Dogecoin (DOGE) Price Prediction for July 21, 2025: DOGE Surges Past $0.25 as Bullish Pattern Builds

2025-07-20 19:41:56

Main Idea

Dogecoin (DOGE) price surged past $0.25 on July 21, 2025, breaking a long-term downtrend and showing strong bullish signals with increased trading volume and derivatives activity.

Key Points

1. Dogecoin price broke through multiple resistance levels to reach $0.251, marking a significant breakout from a descending trendline since November 2024.

2. The daily chart shows DOGE closing above all major EMAs, including the 200 EMA at $0.204, confirming a shift in trend bias.

3. On-Balance Volume rose sharply to 49.61B, indicating strong participation, while Parabolic SAR flipped bullish.

4. Derivatives data shows a heavy skew toward bulls, with a 3.83 long/short ratio on Binance and $8.9M in long liquidations in the last 24 hours.

5. Short-term outlook suggests further upside if DOGE stays above $0.245, with potential targets at $0.275, while a drop below $0.242 could lead to a pullback to $0.232.

Description

After reclaiming the $0.20 zone earlier this month, Dogecoin price today has pushed through multiple resistance layers to reach $0.251. The move marks a significant breakout from the descending trendline that capped DOGE since November 2024. Bulls are now attempting to stabilize price above key structural levels. What’s Happening With Dogecoin’s Price? DOGE price forecast (Source: TradingView) The daily chart shows Dogecoin breaking cleanly above a long-term downtrend and closing above all major...

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$DOGE
$0.26697
-1.60%

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