Altcoins News

Story: Dogecoin Price Could Hit $0.2596 If This Key Support Level Holds, Analyst Says

By Maheen Hernandez

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Double Bottom Pattern Forms at $0.1467 Support. Crypto market analyst Tom Tucker has pointed to a double bottom pattern forming on the DOGE/USDT…

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Momentum Indicators Show Bullish Signals. Supporting this technical setup, several key indicators now point to improving momentum.

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Whale Accumulation Adds Strength. On-chain data shows that large Dogecoin holders (whales) are increasing their positions.

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Fibonacci Levels Outline Key Resistance Zones. A Fibonacci retracement drawn from DOGE’s macro low of $0.09242 to its high of $0.

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On-Chain Supply Zones Highlight Resistance Clusters. The UTXO Realized Price Distribution (URPD) chart from Glassnode provides another layer of insight.

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Dogecoin Price Outlook: $0.2596 in Sight. At the time of writing, DOGE trades around $0.1681. To reach the $0.

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Conclusion. The Dogecoin price path to $0.2596 remains open, but only if bulls can maintain the support base…

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Dogecoin (DOGE) may be gearing up for a strong bullish move, according to a crypto analyst who believes the price could rally to $0.

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Over the past week, DOGE has posted a modest 2.8% gain, showing signs of steady recovery despite resistance near the $0.17 range.

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Crypto market analyst Tom Tucker has pointed to a double bottom pattern forming on the DOGE/USDT daily chart—a well-known bullish reversal setup.

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The first low occurred on April 7, 2025, when DOGE dropped to $0.1299 before bouncing back toward $0.25. The second bottom came on June 22, with a dip to $0.

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Supporting this technical setup, several key indicators now point to improving momentum. The Relative Strength Index (RSI) has moved above 47, approaching the neutral 50 level,…

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The MACD (Moving Average Convergence Divergence) has also flashed a bullish crossover, with the MACD line crossing above the signal line.

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On-chain data shows that large Dogecoin holders (whales) are increasing their positions. Over the past 30 days, whales have grown their share of the DOGE supply by 0.

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This shift suggests that experienced or long-term holders are accumulating DOGE at current levels, which is generally seen as a bullish sign.

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