- Dogecoin forms a steady base above $0.27 after a 150% rally from July lows while traders monitor $0.39 and $0.42 resistance zones.
- DOGE trades above both the 200 EMA and 200 MA which confirms bullish momentum despite recent pullbacks from $0.30 resistance levels.
- Analyst Daan Crypto Trades notes DOGE builds strength with higher lows and highs but warns structure breaks if new lower lows appear.
Dogecoin is showing resilience in 2025 even as market volatility challenges most cryptocurrencies. The popular meme coin currently trades at $0.275, down 0.76% for the session.
Analyst Daan Crypto Trades noted that DOGE reflects the broader market trend of slow upward movement since April lows. He emphasized that while many coins remain stagnant, DOGE has managed to build a steady uptrend.
The daily Dogecoin chart captures its volatile path from January through September. Prices peaked at $0.42 early in the year before a sharp decline cut values below $0.15. This marked a deep retracement from yearly highs to multi-month lows.
The cryptocurrency stabilised in the middle of the year, building a foundation between $0.10 and $0.12. This months-long accumulation phase demonstrated investors’ willingness to hang on even with meager gains.
Recovery Phase Gains Momentum
A recovery began in late July, lifting DOGE from the $0.12 floor to nearly $0.30. This represented a powerful 150% rally within weeks. However, resistance at $0.30 capped the momentum, sparking a 10% correction to current levels near $0.27. Despite this pullback, Dogecoin remains above key long-term support levels.
Moreover, moving averages confirm positive momentum. The Daily 200 EMA sits at $0.219 while the 200 MA rests at $0.204. DOGE trades above both indicators, which signals underlying strength. Consequently, the price structure maintains its position within an upward channel.
Key Levels to Watch
Technical resistance zones emerge near $0.39 and $0.42, both previous rejection points. Support builds around $0.27 and strengthens near the moving averages at $0.21. Volume activity aligns with major moves, showing spikes during rallies and corrections.
Daan Crypto Trades explained, “Yes, most coins are up since the April lows, especially the majors. But as you can see, it is moving up very slowly making marginally higher highs and higher lows.” He added that this gradual uptrend builds a base but warned, “Can’t start making new lower lows now or the structure breaks.”
Dogecoin’s steady structure sets it apart from weaker altcoins. Its ability to hold key support zones will determine whether this base matures into another major rally.
