- DOGE trades at $0.2283 (+1.34% daily). Golden cross, ascending channel target $0.28–$0.31; resistance at $0.24–$0.25.
- $3.34B daily volume reflects whale activity, futures interest; analysts project $0.30–$0.35 on social finance momentum.
Dogecoin (DOGE) is currently trading at $0.2283, showing a +1.34% daily gain, and maintaining strong momentum with a +27.81% increase over the past month.
On the yearly scale, DOGE is up +43.09%, although it still sits -27.57% year-to-date and -46.96% below its 6-month peak, highlighting its cyclical nature and sensitivity to speculative inflows.
Technically, Dogecoin has confirmed a breakout from a bearish trendline and is now moving within an ascending channel, with ETHNews analysts eyeing a target range of $0.28–$0.31.
This bullish formation is strengthened by a golden cross — where the 23-day moving average surpassed the 50-day moving average — a signal that often precedes broader price rallies. The key resistance lies between $0.24–$0.25, with short-term support near $0.223.
From a sentiment and volume perspective, Dogecoin has posted $3.34 billion in 24-hour trading volume, reflecting intense market engagement. Analysts at ETHNews highlight a surge in active wallet addresses and whale transactions, alongside a spike in futures interest, all pointing to a wave of fresh capital entering the DOGE market.
News outlets are buzzing with bullish outlooks, with ETHNews analysts forecasting a mid-term surge toward $0.30–$0.35, fueled by DOGE’s role in social finance, community-driven speculation, and increased usage in tipping and micropayments. Despite being born as a meme coin, Dogecoin remains one of the most actively traded assets globally.
If DOGE breaks and sustains above $0.25 with high volume, it is projected to reach $0.288–$0.31 within 6–9 days, driven by trend reversal patterns, rising user activity, and bullish sentiment momentum.
The post Dogecoin (DOGE) – Real Price & Technical Market Analysis – May 24, 2025 appeared first on ETHNews.
