Dogecoin is back in the spotlight after a sharp move sent the price above $0.19, marking an 18% jump in just one day.
The breakout, spotted by analyst CryptoRand, shows DOGE price pushing out of a downtrend that’s been in place since May.
According to the chart shared, this isn’t the first time something like this has happened, and in the past, these breakouts have often led to solid upside moves.
The DOGE chart shows three clear descending trendlines over the past year. Each one was eventually broken, and each time, DOGE price followed up with a strong rally.
The most recent trendline, which had kept price action contained since May, has now been cleanly broken to the upside.
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DOGE Price Breakout Sets the Stage – But What Comes Next?
Dogecoin price didn’t just break out of its downtrend, it did so from a key support zone between $0.155 and $0.165.
This level has held up multiple times since April, and it’s been a go-to bounce zone for buyers. After several tests, DOGE finally found its footing there and launched upward, quickly reclaiming levels above $0.19.
Now, the big question is what happens next. The first real challenge lies just ahead, between $0.22 and $0.25.
That range acted as support earlier this year and flipped into resistance around April. If DOGE price can push through that zone and hold it, there’s a good chance it could target the next major level between $0.33 and $0.35.
$DOGE full bullish reversal confirmed. On its way to 50 cents? 👀 pic.twitter.com/KacOtMG8Hl
— Crypto Rand (@crypto_rand) July 11, 2025
Looking even further out, $0.50 is the target that CryptoRand mentioned in the tweet, “on its way to 50 cents?”, not as a prediction, but more as a reflection of what the chart might be setting up for. Of course, there are still hurdles ahead.
If DOGE price can’t stay above $0.19 or gets rejected at $0.25, a pullback to $0.165 is back on the table. For now, the breakout is real. Whether it has enough fuel for the next leg higher is what traders are watching closely.
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