DOGE Eyes $0.25 as Cup-and-Handle Breakout Confirms Bullish Momentum
Dogecoin (DOGE) has recently shown strong bullish signals, rebounding from the $0.14 support level and confirming a cup-and-handle pattern—a classic technical indicator often preceding further upside. As of July 2025, DOGE is trading around $0.182 within a parallel channel, with traders eyeing a potential rally toward $0.25 if it clears the immediate resistance at $0.198. However, a rejection near the mid-channel zone could lead to consolidation. Spot market data highlights sustained buyer dominance, supported by positive cumulative volume delta (CVD), reinforcing Optimism for DOGE's near-term trajectory. This pattern, combined with strong market interest, positions Dogecoin for a possible breakout, though caution is advised if key resistance levels hold.
Dogecoin Forms 'Cup and Handle' Pattern – Key Levels to Watch
Dogecoin (DOGE) has rebounded from the $0.14 support level, demonstrating bullish momentum as it confirms a cup-and-handle breakout. The price now hovers around $0.182 within a parallel channel, with a potential push toward $0.25 if resistance at $0.198 is cleared. A rejection NEAR the mid-channel zone, however, could lead to consolidation.
Spot market data reveals sustained buyer dominance, with cumulative volume delta (CVD) favoring taker buys over the past 90 days. This aggressive demand, coupled with rising exchange outflows and Futures interest, strengthens the case for a continuation of the uptrend. Historical patterns suggest such conditions often precede short-term breakouts.
The symmetry of the cup-and-handle formation and the asset's adherence to support levels indicate bulls remain in control. Yet, maintaining a foothold above $0.16 is critical for confirmation. Market participants are watching for either a decisive breakout or a reversal that could test lower supports.
Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?
Dogecoin surged past the $0.180 resistance level against the US Dollar, marking a fresh bullish phase. The meme cryptocurrency now consolidates above $0.188, with technical indicators suggesting potential for further gains.
A bullish trend line forms at $0.1910 on the DOGE/USD hourly chart, with Kraken data showing strong support. The price tested $0.1992 before retracing slightly, holding above the 23.6% Fibonacci level of its recent rally from $0.1660.
Key resistance levels loom at $0.1980 and $0.20. A decisive break above $0.2050 could trigger another leg up, mirroring Bitcoin and Ethereum's recent strength. Market participants watch whether DOGE can transform meme momentum into sustained price discovery.
DOGE Team Exodus Signals Shifting Crypto Landscape in Government
The dismantling of DOGE's operational stronghold within federal agencies has accelerated, with eight key staffers following Elon Musk's departure. Steve Davis, Nicole Hollander, Brad Smith, and other senior figures have exited, leaving the sixth floor of Washington's General Services Administration building eerily vacant. Their departures mark the end of an era where cryptocurrency advocates held unprecedented access to government corridors.
Once protected by private security and restricted access, the DOGE team's former headquarters now stands as a hollowed-out relic. The group's decline coincides with Musk's reduced involvement and the TRUMP administration's return to power. Among the departures are specialists who managed critical infrastructure projects, including Starlink installations at the Eisenhower Executive Office Building.
This institutional retreat mirrors broader tensions between crypto initiatives and government frameworks. While no direct market impact is evident, the erosion of DOGE's political foothold may influence future cryptocurrency policy debates. The exits were largely expected as special government employment terms expired, but their collective departure creates a vacuum in crypto-related government liaison roles.
