Dogecoin has gained 4% in the past 24 hours, signaling a possible rebound as the meme coin trades above the important $0.14 support. If the broader crypto market continues its upward movement, analysts believe DOGE could begin aiming for the $0.30 range.
Dogecoin Shows Early Signs of Strength
Over the past day, the crypto market rose by 3%, with Bitcoin and Ethereum climbing 3% and 5% respectively. XRP and Solana have also shown improving momentum. Dogecoin, meanwhile, has maintained its position on a long-term rising channel, which could support a steady uptrend. DOGE’s 24-hour trading volume has surged to $1.31 billion—an impressive 121% increase.
DOGE Retests a Critical Demand Zone
Dogecoin is approaching a historically significant demand zone that has triggered major rallies in the past. Analysts note that this is an area where buyers have consistently shown strong interest. If DOGE stabilizes around this region, it could resume its upward trajectory and begin targeting the $0.30 level. Many traders are watching this zone closely as it may indicate a return of bullish momentum.
Symmetrical Triangle Suggests a Potential Reversal
On the 12-hour chart, Dogecoin has formed a Symmetrical Triangle pattern—often a sign of an upcoming trend reversal. While the price has been moving lower in recent sessions, the tightening triangle structure suggests DOGE may be nearing a bottom and preparing for an upward breakout.
Momentum indicators support this possibility. The MACD recently crossed above its signal line, hinting at strengthening bullish momentum. Meanwhile, the Chaikin Money Flow (CMF) sits at +0.03, reflecting rising buying pressure and growing accumulation.
Can Dogecoin Push Toward $0.15 and Beyond?
As of December 8, 2025, DOGE is trading at $0.14336, up 4%. If the price continues to hold above $0.14, a move toward $0.15 appears likely. A breakout above $0.15 could open a path to the next resistance at $0.16.
Still, if Dogecoin fails to maintain support at $0.14, the price may slide toward the $0.13 range.
