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Dogecoin (DOGE) Price Rally: What’s Next? Can the Bulls Hold the Line?

Dogecoin (DOGE) Price Rally: What’s Next? Can the Bulls Hold the Line?

Author:
Coingape
Published:
2025-12-23 07:56:42
13
3

Dogecoin's latest surge has traders asking one question: is this the real deal or just another meme-fueled pump?

The memecoin king has clawed its way back into the spotlight, but the path forward is anything but a straight line. After a parabolic move, DOGE faces the classic crypto conundrum—consolidate for the next leg up or succumb to profit-taking pressure.

Testing Key Support Levels

All eyes are on critical support zones. The bulls have drawn a line in the sand, defending levels that, if broken, could trigger a swift reversal. It's a high-stakes game of chicken between long-term believers and short-term speculators.

The Whale Watching Game

Large holders are making their moves, with on-chain data revealing accumulation patterns that suggest either smart money positioning or coordinated manipulation—take your pick. Meanwhile, retail FOMO threatens to overheat the rally, creating the kind of volatility that separates the diamond hands from the paper ones.

Broader Market Tides

DOGE doesn't moon in a vacuum. Its fate remains tethered to Bitcoin's dominance and the overall risk appetite in digital assets. When the tide of liquidity rises, all boats float—even the ones with a Shiba Inu on the side.

The coming days will reveal whether this is sustainable momentum or just another chapter in crypto's favorite underdog story. Remember, in a market where 'fundamentals' can mean a billionaire's tweet, technical levels sometimes offer the only reality check. Will support hold, or will DOGE become another cautionary tale about taking financial advice from internet memes?

Dogecoin (DOGE) Price Slips Below Support Is a Bullish Rebound Still on the Table

Crypto market volatility has picked up, with bears attempting to reassert control. Bitcoin and other major tokens slipped modestly, pushing the global crypto market capitalisation back below $3 trillion, while 24-hour trading volume fell under $100 billion.

Against this backdrop, Dogecoin (DOGE) price is showing signs of weakness after facing rejection at a key resistance level. The price has failed to clear $0.133, pulling DOGE back toward the $0.13 zone. The focus now shifts to whether bulls can defend this support—or if sustained selling pressure drags the price lower toward $0.125.

Dogecoin (DOGE) Price Analysis 

Dogecoin (DOGE) is trading under pressure as broader crypto market volatility picks up and risk appetite softens. After repeated rejections near $0.133–0.135, DOGE has slipped back toward the $0.13 region, down around 1.5% intraday. With volume remaining elevated but momentum capped, traders are now watching closely to see whether bulls can defend near-term support or if sellers regain control and force another leg lower.

doge price

On the 4-hour chart, DOGE remains capped below the $0.133–0.135 resistance zone, aligning with prior supply and the mid Bollinger Band. Price is consolidating just above $0.128–0.13 support, which has absorbed selling pressure so far. The MACD is attempting a bullish crossover NEAR the zero line, signalling easing downside momentum, though the histogram remains shallow. A break below $0.128 could drag DOGE toward $0.125, while a sustained close above $0.135 may open upside toward $0.145–0.15.

Dogecoin’s next move hinges on whether bulls can reclaim the $0.14 region, which sits just above the current supply zone. A sustained break and acceptance above this level WOULD confirm renewed momentum and open the path toward $0.145–0.15. However, if DOGE fails to hold the $0.128–0.13 support, selling pressure is likely to resume, increasing the risk of a drop toward $0.125. For now, price action suggests indecision, with confirmation still pending.

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