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- 🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
Fam, head to Gate Square now and cheer for #TokenOfLove# — 20 music festival tickets are waiting for you! 🔥
HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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🎵 The song you want to he - ✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
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🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Dogecoin Maintains a Steady Rise as the Bull Flag Pattern Signals $0.30
Dogecoin continues to move in a strong upward trend, maintaining higher lows and achieving stable momentum. DOGE is trading at $0.2268, showing a daily increase of 1.34% and a monthly increase of 27.81%. Technical signals and on-chain activity indicate that the trend remains strong as this asset approaches a key resistance level. Price Volatility Supported By Technical Breakthroughs And Key Moving Averages Dogecoin has broken the previous downtrend and is now forming an ascending channel. This move is confirmed by a golden cross, where the 23-day moving average crosses above the 50-day moving average.
Analysts identify resistance levels in the range of $0.24 to $0.25, while support is near $0.223. The current structure is also supported by high trading volume and increasing market participation.
According to data reviewed by Bitcoinsensus, DOGE is currently forming its fourth bullish flag pattern, which historically has preceded strong upward moves. The previous three patterns resulted in increases of 90%, 215%, and 440%. If this pattern repeats, DOGE could see further bullish pressure. On-Chain Data and ETF News Add Strength to the Upward Trend On-chain metrics also indicate a continued interest in Dogecoin. The number of active addresses and whale transactions has increased, suggesting a return of larger investors. The trading volume over the past 24 hours has risen by 41%, reaching 23.35 billion dollars. The developments of ETFs also contribute to this trend. Nasdaq has proposed a Dogecoin ETF in collaboration with 21Shares, while Grayscale has also filed a similar application. These proposals are currently under review by the SEC. If approved, they could increase the accessibility of DOGE for institutional investors.
According to Bitguru's observation on X, "DOGE has broken the downtrend and is currently forming a higher low with strong momentum." The next targets are still $0.26 and $0.30, provided that volume and sentiment remain in line with the current levels.