- DOGE forms bullish RSI and Stochastic signals, indicating rising momentum near $0.18.
- Key resistance at $0.20 could trigger breakout toward $0.26, $0.41, and $1.00 targets.
- ETF delays are seen as routine, while bullish divergence suggests strong upward potential.
Dogecoin (DOGE) has been fluctuating within key price ranges, experiencing both false breakdowns and breakout attempts. After retesting lower support zones, DOGE has now returned to its current trading range. According to technical analysts, the memecoin is showing early signals of a potential breakout that could send the price higher in the coming weeks.
Technical Structure Aligns with Bullish Momentum
According to analysis prepared by Kevin (@Kev_Capital_TA), DOGE touched a low at $0.138, aligning with the macro 38.2% Fibonacci retracement. This zone, drawn from the 2021 all-time high to the 2022 bear market bottom, has now acted as a strong support base.
Price has since rebounded toward the $0.18 range, showing renewed strength. Kevin highlighted that DOGE’s weekly RSI is forming higher lows, reflecting improving momentum. The Stochastic RSI on the weekly timeframe has already shown a bullish crossover, and a two-week crossover is pending.
These signals have previously preceded multi-week rallies in DOGE cycles. Key resistance lies near $0.19039, aligning with the 50% retracement level and a former trendline.
ETF Developments and Market Metrics Point to Opportunity
According to an observation by Crypto Bio, Dogecoin has shown bullish divergence twice in the last 12 months. The most recent signal emerged as price printed lower lows while the RSI formed higher lows between March and April 2025.
Analysts suggest this pattern often precedes sharp upward moves. Meanwhile, the broader crypto market awaits decisions on pending ETF applications. The SEC delayed reviews on Dogecoin ETFs by Bitwise and 21Shares, but Bloomberg analyst Eric Balchunas confirmed the delays are routine.
DOGE is currently trading near $0.175, with a 50-day EMA at $0.179 and resistance at $0.20. If DOGE breaks above this level, it may revisit targets around $0.26, $0.41, and potentially $1.00, driven by rising volume and improving sentiment.
