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Dogecoin Surges 14% as Bullish Momentum Builds

By Published On: July 18, 20253.4 min readViews: 550 Comments on Dogecoin Surges 14% as Bullish Momentum Builds

Dogecoin, a cryptocurrency that has garnered significant attention in recent years, has seen various predictions regarding its future price movements. On July 18, the meme coin jumped 14%, trading at $0.248, and its latest chart pattern hints at the possibility of a historic rally. After months of tightening price action, DOGE has broken out of a symmetrical triangle that had held since late 2023. Market analysts are now eyeing a potential surge that could take the coin up to $1—representing nearly 4x growth from current levels. The weekly candle has already confirmed the move, gaining 23% in the last seven days alone.

Technical indicators are starting to shift in favor of the bulls. The RSI is climbing steadily, signaling growing buyer strength, while the Awesome Oscillator has flipped green—a key sign that bearish momentum is losing steam. But price action isn’t the only thing working in Dogecoin’s favor. Institutional interest is heating up as a crypto firm recently raised $500 million to build a DOGE-focused treasury fund. The capital will be used both to accumulate coins and expand development in the Dogecoin ecosystem.

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Meanwhile, bets are rising that a spot Dogecoin ETF could be around the corner. Forecasting site now shows an 80% probability of ETF approval, with the next major decision due in September. This wave of optimism is drawing in both long-time supporters and new capital, putting DOGE back on the radar as a top-performing altcoin. A weekly close above $0.21 would further confirm the breakout, and if momentum continues, the long-awaited $1 milestone may finally be within reach.

According to a price prediction chart, the value of Dogecoin is expected to decrease by 2.18% and reach $0.2319 by July 27, 2025, if it reaches the upper price target. This forecast suggests a modest decline in the short term, but it is important to note that this is a prediction and not a guaranteed outcome. In a separate analysis, MMBTtrader predicted that the Dogecoin price could rally to as high as $0.4 once it breaks above the ascending channel at around $0.243. This prediction indicates a potential significant increase in the value of Dogecoin, contingent on its ability to surpass the specified resistance level. The analyst’s forecast highlights the volatility and potential for substantial gains in the cryptocurrency market.

Another prediction suggests that if Dogecoin holds above the $0.210 support zone, its price could move toward $0.222–$0.225 within the next 24 hours, representing a potential 3%–5% gain. This short-term forecast underscores the importance of maintaining support levels in determining the immediate price movements of Dogecoin. A surge above the $0.210 level could indicate further gains, potentially reaching the 50% retracement point at $0.3300, which is about 55% above the current price point.

Remarkably, there are higher price predictions for Dogecoin. Analyst Trader Tardigrade predicted a run to $0.42, $1.46, and $4. These predictions suggest a highly optimistic outlook for Dogecoin, with the potential for significant long-term gains. However, it is crucial to approach these predictions with caution, as they are based on speculative analysis and market conditions can change rapidly.

According to an analysis, the growing hype for a Dogecoin ETF could see the coin surge more than 400%, citing a potential to hit $1. This prediction is based on the anticipation of increased institutional interest and investment in Dogecoin, which could drive its price to new heights. Some projections suggest DOGE could reach $0.33 in the coming months and potentially exceed $0.50 by 2030, depending on adoption and market cycles. These forecasts highlight the potential for long-term growth in the value of Dogecoin, contingent on various factors such as market sentiment, regulatory developments, and technological advancements.

If Dogecoin can maintain support above $0.205 and clear the $0.225 level, there could be further upside toward $0.25 and potentially even $0.30. This prediction emphasizes the importance of support levels in determining the price movements of Dogecoin and suggests that breaking through key resistance levels could lead to significant gains. Analysts forecast that Dogecoin, currently trading at approximately $0.199, may surge to around $0.233–$0.28 by late 2025, reflecting potential gains of 16.5% to 40.7%. These forecasts provide a range of potential outcomes for the price of Dogecoin, highlighting the uncertainty and volatility in the cryptocurrency market.

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