Dogecoin Price Surges 7.28% as Bullish Pattern Emerges

Dogecoin (DOGE) has recently garnered attention from technical analysts who have identified a significant bullish pattern in its price movements. The cryptocurrency has completed a second retest of its long-term ascending trendline support on the weekly chart, a diagonal green support line that has been in place since mid-2023. This support line connects several low points, indicating a broad uptrend structure. The second confirmation of this support began towards the end of June 2025, aligning with previous bullish reversals where the price responded favorably to this line.

Analysts view this pattern as a continuation signal in the ongoing trend. Trader Tardigrade, for instance, suggests that Dogecoin price is "poised for the next surge" once it passes the stage of second support. Historical patterns show that this formation has previously led to multi-month rallies, as seen in late 2024. In addition to the weekly trendline, Dogecoin price has also moved off a horizontal support point of about $0.159. This level has stabilized the price several times in 2025 and has served as a floor for past recoveries. The last fall to this level resulted in the appearance of buyers who made the price jump visibly on the daily chart.

Another analyst, Crypto Cred, shared a chart indicating that the price action was respecting the $0.159 area and is expected to continue moving toward $0.25 and beyond. This repeated support at this price range and the increase in volume are evidence of buyers re-entering the market. The price movements in the first week of July confirm DOGE’s attempt to build momentum from this base. Analyst Crypto Cred noted that the Dogecoin price structure outlined a wide breakout range, starting with near-term targets around $0.30. The predicted levels are pegged on historical resistance zones, Fibonacci retracement zones, and historical price action when the same combinations have occurred.

The potential path includes reclaiming short-term resistance near $0.20 and $0.25, which may trigger additional buying from traders targeting the next leg up. The analysts also pointed to decreasing selling pressure and short liquidations near $0.235, which could accelerate gains if DOGE breaks above that mark. Dogecoin's recent arrangement resembles previous moves that led to strong surges. It saw related accumulation zones before the rally in 2021 and also at the end of 2024. The double support touch and tight consolidation are comparable to conditions seen during those moves, prompting analysts to view the current base as structurally sound.

Technically, the combination of an uptrend line consolidation and horizontal strength made a base, which could be utilized in triggering a bullish run. The asset could repeat past price surges as long as volume keeps rising, and so long as even wider market volatility is constrained. Recent analysis showed Dogecoin price overtook Bitcoin and Ethereum in realized losses. It posted $132 million in losses versus $5 million in gains. Regardless of this pressure, the majority of DOGE wallets were pocketing profits. DOGE price ranged around $0.16, and the volume increased by more than 80%, indicating active interest. Meanwhile, it was trading around $0.17 after gaining 7.28% over the past 7 days, suggesting increased short-term momentum.