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Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
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Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Dogecoin Eyes Massive Breakout: Next Move Depends On $0.30

Scott Matherson
Scott Matherson
1 day ago
3 mins read
Dogecoin

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Dogecoin has shown signs of renewed momentum after reclaiming ground above $0.26 in the past 24 hours, but it hasn’t made a clean breakout yet. Nonetheless, crypto analysts are bullish on the meme coin, and a few of them have highlighted important support, resistance, and breakout levels. As it stands, Dogecoin path to $0.3 still holds merit, and its reaction here will determine how its price action plays out.

Analysts Map Out Bullish Setups And Near-Term Targets

The $0.30 level, in particular, stands out as the next critical threshold for Dogecoin: both as a psychological and technical marker that could open the door for a stronger rally if conquered. 

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For instance, crypto analyst Ali Martinez observed that Dogecoin is currently trading within an ascending channel. This pattern holds merit as a bullish continuation, and according to the analyst, Dogecoin is still in the accumulation phase. The projection on the chart shows all that’s needed now is for a clean break above $0.3 for Dogecoin to enter into an expansion phase.

Dogecoin 1W Price Chart: @ali_charts on X

EtherNasyonaL, another crypto analyst, is more aggressive with Dogecoin. According to his projection, Dogecoin has now completed a successful retest after breaking above a descending trendline of lower highs. The most recent 3-day candlestick now shows Dogecoin forming a bullish candle above $0.25, and now the next step is a bullish leg to new all-time highs.

Dogecoin 3D Price Chart: @EtherNasyonaL on X

Dogecoin has been consolidating in a clear nine-month ascending triangle and is now approaching a key breakout point, according to a TradingView analysis. The pattern has been forming since early 2025 with rising support around $0.22 and a horizontal resistance zone between $0.28 and $0.30.

DOGEUSD now trading at $0.25. Chart: TradingView

Therefore, a confirmed breakout above $0.30 could send the Dogecoin price to between $0.38 and $0.40, matching the height of the formation and aligning with a prior resistance zone from earlier in the year. The breakout must come with a strong daily candle close above $0.30 and a clear volume surge, ideally two to three times higher than normal.

Failure to hold above $0.30 or a drop below $0.22 would invalidate the bullish setup, but for now, Dogecoin’s structure suggests that a decisive move is close.

Dogecoin 4H Price Chart: The Pythia On TradingView

Early Signs Of Strength

Dogecoin needs enough trading volume in order to complete this predicted move. The move needs to be backed by a noticeable surge in trading volume, ideally two to three times higher than the recent average.

Dogecoin’s trading volume has spiked notably in the past 24 hours, coming to $2.5 billion across all exchanges. Furthermore, active addresses and transaction frequency have both increased over the last few trading hours. 

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At the time of writing, Dogecoin is trading at $0.2644, up by 4.5% and 16.7% in the past 24 hours and seven days, respectively.

Featured image from Pixabay, chart from TradingView

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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Read more

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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