Dogecoin Bounces Off $0.19—Here’s What Could Spark the Next Rally

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TL;DR

Dogecoin has successfully re-established $0.19 as a support level, creating higher lows and setting its sights on a potential surge towards $0.25.
Analysts identify $0.213 as a crucial breakout point for DOGE to sustain its upward trajectory.
The Relative Strength Index (RSI) remains neutral, while Bollinger Bands and trading volume suggest the possibility of further price movement.

Dogecoin Holds $0.19

Dogecoin (DOGE) has secured renewed support at the $0.19 mark and is currently trading just below $0.20. This price action follows a 14% increase over the past week, although the last 24 hours have seen a decrease of approximately 8%.

Importantly, the rebound from $0.19 is considered a significant structural shift, refocusing attention on the $0.25 range.

Dogecoin recently surpassed the $0.19 zone, which previously acted as resistance during May and early June. This movement now confirms this level as a new support area. The daily chart illustrates the price bouncing from the lower boundary of an observable trading channel, establishing a new short-term trend of higher lows.

According to analyst Ali, DOGE may continue to target $0.25 as long as it maintains this reclaimed level. A substantial increase in volume could propel the price towards the upper end of the range. Conversely, if momentum wanes, a drop back below $0.19 would disrupt the current structure.

Dogecoin $DOGE continues to target $0.25 as long as it holds above the $0.19 support! pic.twitter.com/HQJMTRE7jW
— Ali (@ali_charts) July 14, 2025

Eyes on Weekly Resistance at $0.213

Another key level to watch is $0.213. Analysts indicate that a break and close above this weekly level is necessary for the current upward movement to continue. Should this occur, traders may target higher levels, such as $0.34 and $0.48.

Failure to surpass $0.213 could result in a return towards the $0.186–$0.182 zone. Until then, the market remains in a short-term upward structure, with key levels clearly defined.

Momentum Indicators and User Activity

The Bollinger Bands indicate that DOGE is near the upper band, suggesting heightened volatility and upward pressure. The price is currently trading above the 20-day simple moving average, which is acting as a local support.

The RSI on the daily chart is near 58, a neutral level. This could allow for further upside if demand increases, but a decrease in momentum could lead to a short-term pause.

Source: TradingView

Data from Glassnode shows that there are 68,268 active DOGE addresses as of July 14. These activity surges tend to occur after significant price fluctuations, although they are generally not as high as during earlier market cycles.