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By AI Boost|Edited by Aoyon Ashraf
May 26, 2025, 9:07 a.m.
- Dogecoin (DOGE) rallies 6.43% in 24 hours, breaking through key resistance at $0.220 with strong buying volume exceeding 300M coins, according to CoinDesk Research’s technical analysis data model.
- Geopolitical tensions and trade disputes create market volatility, with DOGE showing remarkable resilience compared to traditional financial assets.
- Whale activity intensifies with over 1 billion DOGE purchased by large holders in the past month, signaling potential for continued upward momentum.
The original meme coin continues its bullish momentum as global economic uncertainties push investors toward alternative assets.
DOGE’s technical structure shows a series of higher lows and higher highs, with support firmly established at $0.225 and resistance at $0.230 recently breached.
STORY CONTINUES BELOW
Market analysts point to the formation of a “bull flag” pattern suggesting continuation of the prior uptrend, with some projecting targets as high as $0.65 if current momentum sustains.
Technical Analysis Highlights
- DOGE-USD demonstrated remarkable strength over 24 hours, rallying from $0.218 to $0.230, representing a 6.43% gain.
- Price action formed a clear uptrend with higher lows and higher highs, breaking through key resistance at $0.220 with above-average volume.
- Support has established at $0.225, confirmed by strong buying volume exceeding 300M in consecutive hours.
- Steady progression toward $0.230 suggests momentum remains firmly bullish with potential for continued upside.
- In the last hour, DOGE continued climbing from $0.229 to $0.230, with a notable surge at 07:07 where volume exceeded 21M coins.
- Short-term price action formed a series of higher lows with strong support at $0.229.
- Resistance at $0.230 was tested multiple times before being breached at 08:01 on nearly 10M volume.
External References
- “Experts Predict Dogecoin Could Surge Over 500% If This Happens“, ZyCrypto, published May 24, 2025.
- “Dogecoin Price Prediction: DOGE Whales Shift Gears to New Crypto Tipped to Surge 3000% in 30 Days“, Cryptopolitan, published May 25, 2025.
- “Dogecoin Price Could Surge Further As Demand Grows, But This Trendline Holds The Key“, Bitcoinist, published May 26, 2025.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
