Is Dogecoin Finally Ready For A Bounce? Second Support Retest Raises Bullish Hopes
2025-07-04 01:03:49
Main Idea
Dogecoin (DOGE) shows signs of a potential price rebound after retesting a key support level, with analysts predicting bullish momentum.
Key Points
1. Dogecoin has retested a critical support level, indicating potential for a price bounce.
2. DOGE's price increased by over 7% in the last 24 hours, with trading volume rising by 105%.
3. Analysts observe an Ascending Channel formation, suggesting a possible breakout to the upside.
4. Dogecoin was trading at $0.174 at the time of writing, with optimism returning to the market.
5. Previous patterns suggest DOGE could reach new all-time highs if bullish momentum continues.
Description
In a stunning move on Wednesday, popular dog-themed meme coin Dogecoin has regained upside traction again, pushing its price back to the $0.17 resistance level. With DOGE displaying upward action, crypto analysts foresee a continuation of the newfound strength as key bullish technical signals unfold. Aftermath of Dogecoin’s Second Support Retest Dogecoin’s price is back above crucial resistance levels that previously capped its upward attempts. After a period of prolonged bearish action, the dog...
Latest News
- Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers: Data2025-07-04 07:10:31
- Ripple USD Gets Support From First Global Bank2025-07-04 06:28:57
- Ripple Expands Stablecoin Push With OpenPayd Integration2025-07-04 05:50:46
- Trump Family Goes All In On BTC, Raising $220 Million For American Bitcoin2025-07-04 05:48:47
- Crypto Presales Live News Today: Latest Opportunities & Updates (July 2)2025-07-04 05:48:14