Dogecoin (DOGE) Price News: DOGE Tests $0.20 Resistance Amid Fresh Bullish Momentum – What’s Next?
The post Dogecoin (DOGE) Price News: DOGE Tests $0.20 Resistance Amid Fresh Bullish Momentum – What’s Next? appeared on BitcoinEthereumNews.com. Dogecoin (DOGE) is once again in the spotlight as its price inches closer to breaking the psychological $0.20 resistance level, and analysts are eyeing further gains in June. The meme-inspired cryptocurrency has shown renewed strength in early June 2025, bolstered by institutional activity, technical signals, and growing retail enthusiasm. DOGE Price Tests Key Resistance In the past 24 hours, Dogecoin rose approximately 2.4%, moving from $0.192 to a high of $0.20, according to Brave New Coin data. This climb followed a significant $20 million DOGE transfer to Coinbase, which many analysts interpret as a sign of whale or institutional involvement. Dogecoin (DOGE) was trading at around $0.20, up 0.84% in the last 24 hours at press time. Source: Brave New Coin Technical indicators reflect a bullish trajectory. Support has formed at $0.194, while the $0.198–$0.200 zone now poses the next key challenge. A sustained breakout above this resistance could see DOGE testing $0.205 in the short term, as per the current Dogecoin price analysis. “DOGE’s recent surge shows strong buyer interest, particularly from larger players,” analysts noted. “This liquidity boost and volume spike suggest the meme coin remains a speculative favorite despite broader market caution.” Chart Patterns Signal Bullish Structure From a technical standpoint, Dogecoin is currently at a pivotal juncture. Cantonese Cat, a well-followed market analyst, identified a key demand zone between $0.185 and $0.195, a region that has flipped between resistance and support since February. Dogecoin could retest the $0.30 resistance in June if the price can break and hold above the $0.20 level. Source: Fibonacci6180 on TradingView “It’s not a tweezer bottom; it’s a trident bottom to test demand,” the analyst stated. “Now let’s see if $DOGE forks it all up from here.” Should DOGE close above this zone, it would likely re-enter the gap left during…
The post Dogecoin (DOGE) Price News: DOGE Tests $0.20 Resistance Amid Fresh Bullish Momentum – What’s Next? appeared on BitcoinEthereumNews.com.
Dogecoin (DOGE) is once again in the spotlight as its price inches closer to breaking the psychological $0.20 resistance level, and analysts are eyeing further gains in June. The meme-inspired cryptocurrency has shown renewed strength in early June 2025, bolstered by institutional activity, technical signals, and growing retail enthusiasm. DOGE Price Tests Key Resistance In the past 24 hours, Dogecoin rose approximately 2.4%, moving from $0.192 to a high of $0.20, according to Brave New Coin data. This climb followed a significant $20 million DOGE transfer to Coinbase, which many analysts interpret as a sign of whale or institutional involvement. Dogecoin (DOGE) was trading at around $0.20, up 0.84% in the last 24 hours at press time. Source: Brave New Coin Technical indicators reflect a bullish trajectory. Support has formed at $0.194, while the $0.198–$0.200 zone now poses the next key challenge. A sustained breakout above this resistance could see DOGE testing $0.205 in the short term, as per the current Dogecoin price analysis. “DOGE’s recent surge shows strong buyer interest, particularly from larger players,” analysts noted. “This liquidity boost and volume spike suggest the meme coin remains a speculative favorite despite broader market caution.” Chart Patterns Signal Bullish Structure From a technical standpoint, Dogecoin is currently at a pivotal juncture. Cantonese Cat, a well-followed market analyst, identified a key demand zone between $0.185 and $0.195, a region that has flipped between resistance and support since February. Dogecoin could retest the $0.30 resistance in June if the price can break and hold above the $0.20 level. Source: Fibonacci6180 on TradingView “It’s not a tweezer bottom; it’s a trident bottom to test demand,” the analyst stated. “Now let’s see if $DOGE forks it all up from here.” Should DOGE close above this zone, it would likely re-enter the gap left during…
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