Dogecoin News Today: Dogecoin near $0.26 support could trigger 109% surge if reclaimed

Dogecoin has re-entered a price range historically linked to major bull runs, reigniting speculation about its potential for upward movement. According to Ali Martinez, a prominent crypto analyst, the meme coin could see a 109% surge if it successfully reclaims $0.26 as a support level [1]. Currently trading at around $0.237, Dogecoin’s price action suggests the formation of a bullish reversal pattern on the three-day chart, which, if confirmed, could push the asset toward $0.46 [1]. Martinez highlighted that reclaiming this critical level could set the stage for a rally, with $0.46 as a potential target.

Technical analysis from multiple commentators reinforces this narrative. Glassnode data indicates that a breakout above $0.25 may clear the path for a move toward $0.36, with limited resistance until that level [2]. Historical patterns, including a double-bottom formation and an ascending channel, have previously driven gains of 50–200% when the lower boundary was tested [1]. Additionally, Dogecoin remains above its 50-day and 100-day moving averages, signaling medium-term strength [3]. Analysts like Sudelytic have emphasized that retesting $0.26 could trigger "serious momentum," aligning with broader market optimism [3].

The cryptocurrency’s current position near $0.237 also aligns with past consolidation phases that preceded sharp rallies. For instance, the 2017 and 2021 bull runs followed extended sideways movements before explosive growth. If similar dynamics unfold now, the $0.43 level—a target cited in recent analysis—could become a focal point [4]. However, the success of this scenario depends on sustaining bullish momentum above $0.25, as a breakdown below $0.234 could lead to a retest of the Bollinger Average at $0.218 [2].

The renewed interest in Dogecoin is further supported by its market performance. With a market cap exceeding $35.6 billion, it remains among the top 10 cryptocurrencies by rank [1]. In the past 24 hours, it has generated over $2.27 billion in trading volume, reflecting robust liquidity despite recent volatility [1]. Comparisons to other cryptocurrencies, such as XRP, have also emerged, with some forecasts suggesting a potential retest of $0.30 if historical momentum resurfaces [5].

While the technical setup mirrors past bullish patterns, analysts caution that market conditions are dynamic. A failure to hold above $0.25 could delay bullish expectations, while a solid breakout might accelerate the ascent toward $0.36–$0.46. Investors are advised to approach with caution, given the inherent risks of cryptocurrency trading, but the convergence of technical indicators and historical patterns positions Dogecoin at a critical juncture. The coming weeks will likely determine whether this is a catalyst for a new bull phase or a temporary pause in its trajectory.

Sources:

[1] [Dogecoin Has Reached the Level That Typically Triggers Bull Runs – Here’s the Outlook](https://captainaltcoin.com/dogecoin-has-reached-the-level-that-typically-triggers-bull-runs-heres-the-outlook/)

[2] [Dogecoin Price Prediction: DOGE Eyes $0.2 Breakout to $0.36 Next](https://www.banklesstimes.com/articles/2025/07/26/dogecoin-price-prediction-doge-eyes-0-2-breakout-0-36-next/)

[3] [Dogecoin Hits $0.22 Support Zone Linked to Past 13–237% Rallies](https://www.ainvest.com/news/dogecoin-news-today-dogecoin-hits-0-22-support-zone-linked-13-237-rallies-2507/)

[4] [Bitcoin News Today: Dogecoin Rises 9% as Technical Analysis Highlights Key Buy Zone](https://www.ainvest.com/news/bitcoin-news-today-dogecoin-rises-9-technical-analysis-highlights-key-buy-zone-0-43-breakout-target-2507/)

[5] [Dogecoin Price Prediction: Is DOGE Set to Go on an XRP-Like Run?](https://blockchainreporter.net/dogecoin-price-prediction-is-doge-set-to-go-on-an-xrp-like-run-it-may-have-competition-from-this-rival/)