TLDR: 

Dogecoin rebounds from $0.14 after sharp drop, now trades near $0.166.
Analysts eye a 260% rally if DOGE flips $0.18 into strong support.
MACD and volume patterns suggest weakening sell pressure and trend shift.
DOGE’s upside depends on broader market strength and Bitcoin momentum.

Dogecoin (DOGE) could be preparing for a strong upward move following a prolonged decline. 

Recent signals on the daily chart have caught the attention of analysts, who see signs of a potential reversal. While the token remains below key resistance levels, the shift in market behavior has opened room for speculation. 

The price has shown early recovery signs, sparking renewed interest in the meme-originated cryptocurrency. Momentum indicators now suggest that bulls may be quietly returning.

Dogecoin Price Rebounds After Sharp Drop

Dogecoin recently slid from highs above $0.22 to a local low around $0.14. 

However, buyers stepped in, and the price has rebounded to near $0.166. This move follows multiple days of green candles, indicating buyers may be regaining control.

Rananjay Singh noted on social media that DOGE might be shifting trend and preparing for a sharp rally. A bullish reversal, he suggested, could push the token up as much as 260%. This would place the target price beyond $0.59, levels last seen in early 2022.

#Dogecoin might be getting ready to go up again

A new signal shows the trend could be changing

If the move happens, it could go up a lot, even 260%

This could be more than just a meme.
Keep your eyes on $DOGE.#DOGE #Crypto #Dogecoin #Altcoins pic.twitter.com/b6KqqHAHjJ

— Rananjay Singh (@TodayCryptoRj) June 26, 2025

Momentum tools show signs of improvement. 

The MACD indicator, though still below zero, is curving upward toward a possible crossover. If the blue MACD line crosses above the orange signal line, it may confirm building momentum.

Shrinking red bars on the MACD histogram add to this view, suggesting that selling is weakening. According to Singh’s chart analysis, reclaiming the $0.18 resistance and turning it into support would be critical for any sustained breakout.

Analysts Monitor Key DOGE Support and Volume Levels

BitGuru also noted DOGE’s recent stabilization near $0.165, calling it a possible launchpad for a fresh trend. 

$DOGE Bullish reverse in the horizon….$DOGE has stabilized near the $0.165 range after a prolonged downtrend and multiple consolidation phases.

The market recently bounced from a major low, forming a potential launchpad for a trend reversal.#DOGE #Tradingview pic.twitter.com/IKbq9aaPiU

— BitGuru (@bitgu_ru) June 26, 2025

The token has consolidated at this range after several sharp pullbacks. This base-building could offer a strong foundation if the broader market shifts bullish.

Still, DOGE has dropped over 5% in the past seven days. CoinGecko data shows a current price of $0.1613 with a 24-hour volume near $926 million. While a short-term drop persists, the chart structure remains constructive for recovery.

Despite bullish signals, any breakout to the upside will depend on broader market strength. 

Altcoins remain highly sensitive to Bitcoin’s movement and investor sentiment. For DOGE to reach projected targets, consistent buying pressure and market-wide optimism are required.

Traders now watch whether Dogecoin can reclaim the $0.18 mark. If confirmed, it may open the door to a larger rally, aligning with the projected 260% upside.

 

The post Dogecoin Flashes Potential Rebound Signal as Analysts Eye 260% Upside appeared first on Blockonomi.

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Filed under: Bitcoin - @ June 26, 2025 8:23 pm