The Dogecoin price again attracted attention with a surprising recovery in July the second week of 2025. While Bitcoin reached a new summit of all time (ATH) of $ 118,340, Doge followed closely, breaking a key technical model. With expert feelings that become optimistic and political titles that add fuel, is a price supercycle about to start?
Technical escape: Falling Channel is raped in Dogecoin
On the daily delay of Dogecoin Price, he shows a well -defined fall in channels that dominated his price action since the beginning of 2025.
The part had tested a support below almost $ 0.15 several times and finally showed a decisive escape above the higher trend line of the corner model falling this week. Currently, Dadecoin crypto is negotiated nearly $ 0.198 with a market capitalization of $ 30.03 billion. The price has crossed both the 20 -day EMA and the 50 -day EMA, which is a key border signal, and is registered to return the Long -term EMA band of 200 days.
Adding to this momentum, the relative resistance index (RSI) increased to 65.55, approaching the territory of Surachat, but still showing the place for more upwards. Historically, such eruptions from falling wedges often mark the start of strong ascending trends, especially when confirmed with volume and correlation.
Strong Bitcoin Correlation Driving Rally
A major catalyst behind the current momentum of Doge is its price of price correlation of 0.69 with Bitcoin in the last 30 days. While BTC entered a price discovery phase after exceeding $ 118,000, Doge reflected this optimism.
Altcoins has a progress in the aftermath of a strong Bitcoin movement. The same diagram takes place now, Doge Price breaking its long -standing resistance zones while BTC continues its upward domination. The next resistance level is between $ 0.25 and $ 0.30, while a wider target for July could be close to $ 0.40, if the rally extends.
Oliver d Maximus: “Doge Crypto is money”
A Crypto Oliver analyst from Maximus said that “DOGE is money” and called for an imminent supercycle. He stressed that Dogecoin approaches a major weekly resistance level, and once violated, it could trigger the entry into what he calls the “green time”, which interpreted means a movement phase up explosive.
Boost of political feeling: Doge in defense titles
In a surprising development, the American Secretary of Defense, Pete Hegseth, mentioned the Doge department in an announcement article on July 11 on X, this is linked to the manufacture of national defense.
He clearly said that the United States accelerated the production of domestic drones to correspond to increasing geopolitical threats and stressed that the executive order of President Trump opens the way to American manufacturing products in the sectors.
This has not only added visibility to Dogecoin, but also strengthened its asset status supported by memes with deep cultural integration. This also feeds the feeling of retail and increases speculative attention.
