{"id":73048,"date":"2025-07-18T11:33:23","date_gmt":"2025-07-18T11:33:23","guid":{"rendered":"https:\/\/coinjournal.net\/?p=322878"},"modified":"2025-07-18T11:33:23","modified_gmt":"2025-07-18T11:33:23","slug":"dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/","title":{"rendered":"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike"},"content":{"rendered":"\n<ul>\n<li>Weekly close could confirm a breakout and a rally setup.<\/li>\n<li>Pattern mirrors October 2023&#8217;s 600&#8239;% surge.<\/li>\n<li>A breakout could shift sentiment across meme coins.<\/li>\n<\/ul>\n<p data-start=\"318\" data-end=\"877\">Dogecoin (DOGEUSD) is now trading at $0.2416, up 12.48&#8239;% in the past 24 hours, after breaking above a seven-month descending trendline that has capped its price since December.<\/p>\n<p data-start=\"318\" data-end=\"877\">This move positions DOGE for its strongest rally of the year.<\/p>\n<figure id=\"attachment_322881\" aria-describedby=\"caption-attachment-322881\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-322881\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/Dogecoin.jpg\" alt=\"Dogecoin price\" width=\"1527\" height=\"567\"><figcaption id=\"caption-attachment-322881\" class=\"wp-caption-text\">Source: <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p data-start=\"318\" data-end=\"877\">If the weekly candle closes above this resistance on Sunday, analysts anticipate a potential move toward the $0.50&ndash;$0.60 range, representing a further 100&ndash;150&#8239;% gain from current levels.<\/p>\n<p data-start=\"318\" data-end=\"877\">The setup closely mirrors a breakout pattern seen in October 2023, which led to a 600&#8239;% rally and sparked widespread retail interest.<\/p>\n<h2 data-start=\"879\" data-end=\"932\">DOGE confirms breakout with price and volume surge<\/h2>\n<p data-start=\"934\" data-end=\"1283\">Dogecoin had been locked in a downtrend for over half a year, repeatedly rejected at the same diagonal resistance.<\/p>\n<p data-start=\"934\" data-end=\"1283\">This week, that pattern broke.<\/p>\n<p data-start=\"934\" data-end=\"1283\">With DOGE trading above the long-term trendline and price action supported by rising volume, technical signals suggest the early stages of a potential trend reversal for the meme-inspired cryptocurrency.<\/p>\n<p data-start=\"1285\" data-end=\"1658\">The price currently sits at $0.2416, having climbed over 12&#8239;% in a day.<\/p>\n<p data-start=\"1285\" data-end=\"1658\">This breakout candle is holding strength, and market activity has increased&mdash;key factors that could confirm the breakout if maintained through the end of the week.<\/p>\n<p data-start=\"1285\" data-end=\"1658\">Weekly closes carry more weight than short-term spikes when interpreting long-term structures, particularly those spanning several months.<\/p>\n<h2 data-start=\"1660\" data-end=\"1707\">Breakout opens path toward $0.50&ndash;$0.60 range<\/h2>\n<p data-start=\"1709\" data-end=\"2013\">If the current move holds, Dogecoin&#8217;s next resistance zone lies in the $0.50&ndash;$0.60 range.<\/p>\n<p data-start=\"1709\" data-end=\"2013\">There is limited historical resistance until that level, making a sharp climb feasible.<\/p>\n<p data-start=\"1709\" data-end=\"2013\">Dogecoin has previously demonstrated that, once past key levels, price momentum can accelerate rapidly with minimal pullbacks.<\/p>\n<p data-start=\"2015\" data-end=\"2328\">This scenario played out in October last year when DOGE broke through a similar pattern and surged 600&#8239;% within weeks.<\/p>\n<p data-start=\"2015\" data-end=\"2328\">While history does not guarantee repetition, the resemblance in structure has drawn attention from chart analysts across the market, especially those tracking behavioural patterns in meme coins.<\/p>\n<h2 data-start=\"2330\" data-end=\"2377\">Memecoin sentiment may shift on confirmation<\/h2>\n<p data-start=\"2379\" data-end=\"2742\">Dogecoin remains the largest meme coin by market cap and is often viewed as a bellwether for sentiment in the altcoin sector.<\/p>\n<p data-start=\"2379\" data-end=\"2742\">Breakouts in DOGE tend to precede rallies in smaller meme tokens.<\/p>\n<p data-start=\"2379\" data-end=\"2742\">If the weekly close confirms this breakout, it could trigger renewed interest and investment in the broader memecoin market, and altcoin trading volumes may rise in tandem.<\/p>\n<p data-start=\"2744\" data-end=\"2975\">The current rally aligns with early signs of recovery in the altcoin space, where tokens typically gain momentum in response to improving market sentiment.<\/p>\n<p data-start=\"2744\" data-end=\"2975\">Dogecoin&#8217;s performance this week may signal that the shift is already underway.<\/p>\n<h2 data-start=\"2977\" data-end=\"3013\">All eyes on Sunday&#8217;s weekly close<\/h2>\n<p data-start=\"3015\" data-end=\"3237\">Although Dogecoin has broken the downtrend intraday, the crucial milestone is Sunday&#8217;s weekly close.<\/p>\n<p data-start=\"3015\" data-end=\"3237\">A sustained close above the trendline would validate the breakout and give traders confidence in pursuing higher targets.<\/p>\n<p data-start=\"3239\" data-end=\"3455\">If rejected before then, DOGE may re-enter the previous range, delaying the bullish thesis.<\/p>\n<p data-start=\"3239\" data-end=\"3455\">For now, however, the structure, volume, and price action all point toward a potential upside continuation in the near term.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/\">Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Weekly close could confirm a breakout and a rally setup. Pattern mirrors October 2023&#8217;s 600&#8239;% surge. A breakout could shift sentiment across meme coins. Dogecoin (DOGEUSD) is now trading at $0.2416, up 12.48&#8239;% in the past 24 hours, after breaking above a seven-month descending trendline that has capped its price since December. This move positions [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/\">Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":73049,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,43,1],"tags":[],"class_list":["post-73048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Weekly close could confirm a breakout and a rally setup. Pattern mirrors October 2023&#8217;s 600&#8239;% surge. A breakout could shift sentiment across meme coins. Dogecoin (DOGEUSD) is now trading at $0.2416, up 12.48&#8239;% in the past 24 hours, after breaking above a seven-month descending trendline that has capped its price since December. This move positions [&#8230;] The post Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike appeared first on CoinJournal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinAlSat.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinalsat1\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-18T11:33:23+00:00\" \/>\n<meta name=\"author\" content=\"Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/\"},\"author\":{\"name\":\"Author\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#\\\/schema\\\/person\\\/6fa35040f9ef4ae108188eaeb3ef441b\"},\"headline\":\"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike\",\"datePublished\":\"2025-07-18T11:33:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/\"},\"wordCount\":518,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coinalsat.com\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike.jpg\",\"articleSection\":[\"Blockchain\",\"Crypto Currency News\",\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/\",\"url\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\\\/\",\"name\":\"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike - 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CoinAlSat.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/","og_locale":"en_US","og_type":"article","og_title":"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike - CoinAlSat.com","og_description":"Weekly close could confirm a breakout and a rally setup. Pattern mirrors October 2023&#8217;s 600&#8239;% surge. A breakout could shift sentiment across meme coins. Dogecoin (DOGEUSD) is now trading at $0.2416, up 12.48&#8239;% in the past 24 hours, after breaking above a seven-month descending trendline that has capped its price since December. This move positions [&#8230;] The post Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2025-07-18T11:33:23+00:00","author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike","datePublished":"2025-07-18T11:33:23+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/"},"wordCount":518,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2025\/07\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike.jpg","articleSection":["Blockchain","Crypto Currency News","General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/","url":"https:\/\/coinalsat.com\/en\/dogecoin-breaks-seven-month-downtrend-with-12-48-price-spike\/","name":"Dogecoin breaks seven-month downtrend with 12.48\u202f% price spike - 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