According to crypto market watcher Ali Martinez, the longer DOGE stays above the $0.15 mark, the higher the chances of a rally toward the $0.22 level.

Dogecoin remains the 9th largest cryptocurrency by market cap, standing at approximately $24.66 billion. Trading activity appears steady, with a 24-hour volume nearing $391 million and a slight 7-day gain of 0.23%.

A chart shared by the crypto expert outlines a rising trendline that has held since early 2024, acting as a strong dynamic support. DOGE recently bounced from this ascending trendline, which coincides with horizontal support just above $0.15—highlighting the significance of this zone.

Key Support and Resistance Levels:

Support: $0.1500 (horizontal) and $0.1550 (ascending trendline)
Resistance: $0.1850 (minor horizontal), $0.2000 (psychological level), and $0.2200 (Fibonacci & structural zone)

If DOGE sustains momentum above these levels, it could retest the upper resistance band, especially if broader market sentiment turns bullish. However, a breakdown below $0.15 might invalidate the bullish thesis and lead to a retest of lower supports near $0.13.

The post Can Dogecoin Break Higher from Key Support? appeared first on Coindoo.

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Filed under: Bitcoin - @ July 6, 2025 12:15 pm