DOGE Poised for 260% Surge as Bullish Reversal Pattern Emerges

Dogecoin (DOGE) is showing strong signs of a bullish reversal, with technical analysts predicting a potential 260% surge to $0.6533. The meme cryptocurrency has broken out of a consolidation range, forming higher lows that indicate sustained upward momentum. Despite a 13% weekly pullback, the technical structure remains robust, fueling optimism among traders. Analyst Javon Marks highlights this breakout as a textbook bullish reversal pattern, with long-term projections suggesting even greater gains. As of June 24, 2025, DOGE's price action continues to attract attention, with many anticipating a significant rally in the coming weeks.

Dogecoin Shows Bullish Reversal Signs as Analyst Predicts 260% Surge

Dogecoin's price action is forming a textbook bullish reversal pattern, with higher lows signaling potential for sustained upward momentum. The meme cryptocurrency broke out of a consolidation range this week, reinforcing its technical structure despite a 13% weekly pullback.

Technical analyst Javon Marks identifies $0.6533 as the next key target - a 260% gain from current levels - with a long-term projection reaching $1.25 if buying pressure persists. 'The upward structure remains intact so long as Doge holds above trendline support,' Marks observed, noting the token's ability to maintain its broader uptrend despite recent volatility.

June 19 trading saw Dogecoin swing between $0.17125 and $0.1696 within hours, reflecting the market's uncertainty. Yet accumulation patterns suggest institutional interest may be building beneath the surface of these price fluctuations.

Dogecoin Stages Sharp Recovery Following Weekend Volatility

Dogecoin rebounded sharply after plunging to $0.143 over the weekend, with the meme cryptocurrency clawing back above $0.153 amid turbulent market conditions. Trading volume surged to five times the daily average during the recovery, signaling strong buyer interest at key support levels.

The selloff saw DOGE break below the critical $0.16 threshold before finding firm footing at $0.145. Analysts caution the asset may still test $0.13 before presenting a buying opportunity, despite technical indicators suggesting a potential rally toward $0.25.

Market-wide pressures from geopolitical tensions and macroeconomic uncertainty fueled the volatility. The most dramatic price action occurred during mid-session hours, with the 24-hour trading range spanning 9.1% before stabilization.

Dogecoin Tests Key Support Level Amid Potential Bullish Reversal

Dogecoin is hovering NEAR a critical support zone between $0.14500 and $0.14872, showing signs of a possible bullish turnaround after a week-long decline. The meme coin dropped 13.28% over seven days, briefly touching $0.146 before rebounding to $0.153.

Technical analyst Landry Anael notes the support area has repeatedly held despite bearish pressure, with buyers stepping in at $0.15829 and $0.15009 earlier this week. A reversal candlestick formation suggests short-term upside potential, though the 200-period SMA at $0.1692 remains a key resistance level.

The market appears poised for a potential rebound toward $0.1616 if support holds, with a stop-loss level identified at $0.14050. Dogecoin's price action reflects broader cryptocurrency market volatility as traders weigh technical factors against shifting sentiment.