Dogecoin Soars Following Wild Weekend Price Swings—Memecoin Mania Returns?
Dogecoin just pulled off another classic crypto rollercoaster—because why should stablecoins have all the fun?
The OG memecoin ripped upward after a weekend of violent price swings, proving once again that 'fundamentals' are optional in crypto land. Traders either made bank or got wrecked—no in-between.
Whiplash Weekend
DOGE’s chart looked like a drunk EKG over the past 48 hours. Sharp drops, vertical recoveries—the kind of action that turns hair gray and creates new diamond-handed 'investors' (read: bagholders).
Same Playbook, Different Cycle
Pump. Dump. Repeat. Dogecoin’s volatility remains the only reliable thing about it—aside from Elon Musk’s tweets somehow still moving the needle in 2025. Meanwhile, Wall Street hedge funds are 'seriously researching' memecoins now. Sure they are.
Love it or hate it, DOGE keeps bypassing its own obituary. Just don’t bet the ranch—unless you enjoy financial adrenaline shots.
News background
- Global macroeconomic uncertainty continues to rattle digital assets. Geopolitical tensions and trade disputes between major economies have amplified volatility across risk markets.
- Meanwhile, inflation concerns and ongoing scrutiny of Federal Reserve monetary policy have contributed to cautious sentiment in crypto.
- DOGE’s latest bounce came during a period of intense selling pressure, but strong volume-backed support at $0.145 appears to have triggered a reversal.
- Despite being a high-beta asset, Dogecoin’s recovery from its local lows suggests resilient market structure — particularly given the broader weakness seen across altcoins.
- Technical analysts are closely watching whether DOGE can sustain its momentum above $0.153 and break through short-term resistance as bullish volume accelerates.
Price action
DOGE posted a volatile 9.1% range over the 24-hour window, falling from $0.157 to $0.143 before rebounding to close NEAR $0.153. Most dramatic selling occurred during hours 13–14, where volume spiked to over five times the average, establishing a firm floor at $0.145.
In the final hour of trading, Dogecoin surged from $0.152 to $0.153, with a notable breakout above $0.153432 occurring after 04:58. Volume surged again at 05:11 (10.7M), confirming buyer strength and pushing DOGE to a new local high.
Technical analysis recap
- DOGE dropped from $0.157 to $0.143 and rebounded to $0.153 — a 9.1% swing.
- Volume during 13–14 hour spike exceeded 5x daily average, confirming support at $0.145.
- Uptrend formed with clear higher lows from $0.145 to $0.152.
- Breakout above $0.153 resistance occurred after 04:58, pushing price to $0.153432.
- Volume surge at 05:11 (10.7M) confirmed breakout strength.
- Final hour showed sustained bullish momentum and strong consolidation above $0.152.
- Price action now targets the $0.155–$0.158 zone, with $0.145 holding as key support.