Dogecoin (DOGE) Primed for $0.21 Surge: 5 Bullish Signals Scream ’Buy’

Dogecoin’s gearing up for a rocket ride—again. The meme coin flirts with a $0.21 breakout, backed by five technical indicators flashing greener than a crypto newbie’s portfolio. Here’s why DOGE might just dodge another 'to the moon' joke and actually deliver.

1. The Resistance Breach: DOGE isn’t just knocking on $0.21’s door—it’s kicking it down. A clean breakout here could send it soaring past skeptical traders still waiting for 'the real dip.'

2. Volume Spikes: Trading volume’s pumping like a DeFi yield farm in 2021. Real money’s moving in, not just meme-fueled hype (though let’s be honest—there’s always some of that).

3. MACD Goes Bullish: The Moving Average Convergence Divergence? More like Making A Coin Double. This classic indicator just flipped positive, hinting at serious upward momentum.

4. RSI Stays Cool: Despite the run-up, DOGE’s Relative Strength Index hasn’t hit overbought territory yet. Translation: room to run before hitting 'take profit' panic levels.

5. Whale Watching: Big wallets are accumulating—because nothing says 'trust the process' like millionaires gambling on a Shiba Inu joke.

Will DOGE actually hit $0.21? Maybe. Will bagholders finally break even? Wall Street bankers are placing bets—and charging 2% management fees either way.

• Dogecoin surged 16% this week, testing a 2-month high of $0.21.
• Strong bullish signals from MACD, RSI, and moving averages support upward momentum.
• Master Kenobi outlines $0.53, $0.74, and $1.04 as targets by August based on BTC’s previous structure.

Dogecoin has delivered an impressive 16% gain this week, pushing its value up to $0.1989 at press time. The price on July 11 touched $0.21, a juncture last seen in May 2025. The surge puts Doge higher than the 20 EMA at $0.1810, the 50 EMA at $0.1860, and the 100 EMA at $0.1900, registering a consistent short- to medium-term uptrend.

DOGE is trading marginally below its 200 EMA at $0.2027. The long-term bullish breakout would be confirmed on a daily close. The Bollinger Bands are getting broader, which is a sign of rising volatility. Dogecoin is now required to convincingly close above $0.2035.

If successful, the next resistance levels are $0.22 and $0.25. A minor pullback to the middle band at $0.1746 is possible if momentum cools, but near-term support rests at $0.1810.

Momentum is also on the side of bulls. The RSI is at 64.25, holding good positive sentiment without entering the overbought region. This leaves scope for further upside before technical correction. The RSI has also broken through its moving average, which is at 53.61, further supporting the ongoing rally.

MACD possesses a large gap between the main and signal lines, which shows growing bullish strength. The histogram bars are also rising, and the MACD is still located above the zero line, which further verifies the advancing trend.

DOGE Stays Bullish as A/D Line Climbs, MFI Nears 80

The Money Flow Index (MFI) is standing at 78.98, which is very close to the crucial overbought threshold of 80. That indicates dogecoin can be reaching a near-term top, as high MFI levels usually suggest buyer fatigue. If MFI goes past 80, a temporary break or small correction can ensue.

But in very strong bullish trends, assets can stay overbought for long times without a significant pullback. As such, while caution is advised, this indicator in itself doesn’t affirm a reversal but rather shows that momentum on the upside may hit temporary resistance.

Supporting the bullish structure, the Accumulation/Distribution (A/D) line remains in an upward trend, today reaching 45.99 billion, which means ongoing purchasing demand. The Chaikin Money FLOW (CMF) remains positive at +0.02, which means money is still going into DOGE, though less rapidly.

Whilst the weak reading in the CMF indicates slowing momentum relative to previous periods in the rally, the market bias remains on the side of bulls for as long as accumulation is ongoing and inflows continue on the positive side.

Analyst Predicts $1 Target Within 50 Days

Market analyst Master Kenobi plotted Dogecoin targets using traditional BTC chart rationale on DOGE. With the same timeframe projection, Kenobi puts forward about 50 days from DOGE’s most recent low, which was August 11, 2025, in which three targets are feasible.

The initial target, $0.53, is the intersection on an upward-trending line related to the March 2024 high. The second target, $0.74, is related to a comparable line developed from December 2024. The last and most aggressive estimate is $1.04, an all-out breakout movement similar to Bitcoin’s structural price movement between its first two peak phases.

: This article is based on real-time market data and general technical observations. It does not constitute financial advice. Always conduct your own research before making investment decisions.