- Dogecoin breaks above $0.25 resistance with bullish momentum, targeting $0.33, $0.40, and $0.476.
- Trading volume surged 77.28% to $6.43B as whale wallets accumulated $250M worth of DOGE.
- ETF speculation and altcoin rotation support Dogecoin’s breakout amid declining Bitcoin dominance.
Dogecoin has confirmed a technical breakout, moving above key resistance at $0.25 and signaling the possibility of further gains. At the time of writing, DOGE was trading at $0.2720, up 7.83% in the last 24 hours. Volume and investor participation are rising as traders look toward higher targets.
Technical Breakout Above $0.25 Signals Strength
According to an analysis prepared by Ali Charts, Dogecoin has broken out of a consolidation range between $0.25 and $0.29. The token reached $0.26487 on July 20, 2025, with a 9.74% daily gain. A local high formed near $0.29 before minor consolidation set in.
This price movement is supported by volume and a rising RSI, confirming continued buying pressure. The price previously declined to below $0.17 in June but reversed following the breakout. Now, DOGE trades above multiple former resistance zones, forming a bullish technical structure.
If the $0.25 support holds, targets at $0.33 and $0.40 remain technically valid, based on historical resistance levels. Trader Tardigrade noted that Dogecoin is “completing the Double Bottom pattern and breaking out of the neckline,” targeting $0.476 as a potential extension.
Institutional Activity and Market Conditions
According to data from CoinMarketCap, Dogecoin’s trading volume increased by 77.28% to reach $6.43 billion in one day. Its market cap rose to $40.85 billion, supported by a 7.83% gain. Whale activity also increased, with 1.08 billion DOGE, worth about $250 million, accumulated by large wallets over 48 hours.
ETF speculation is also fueling interest. Prediction markets now show an 80% chance of a Dogecoin ETF approval, following earlier launches for Ethereum and XRP. Regulatory support and increased adoption are drawing in institutional investors.
Bitcoin’s dominance has dropped from 66% to 61.75%, causing capital to move into altcoins. Dogecoin, supported by strong technicals and high participation, is now well-positioned for further upside.
