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- Gate July 2025 Transparency Report:
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Three Strikes at $0.30: Is Dogecoin Building Power for Its Biggest Move Yet?
DOGE failed to break $0.30 three times this year, cementing it as a key barrier.
Price holds mid-range inside an 11-year rising channel, with structure still intact.
Lower timeframe momentum is cooling, but major supports remain unbroken.
Dogecoin’s price is locked between major support and resistance levels as it battles $0.30 for the third time this year,historical patterns and technical signals next potential move. eyes are fixed on the next major move.
Repeated Rejections at $0.30
Data from March to August 2025 shared by Ali Charts on X shows that Dogecoin's price action has been capped by the $0.30 mark. The first rejection in March saw the price fall below $0.26 and slide to $0.17. The coin then spent weeks trading sideways between $0.17 and $0.22. In May, a brief push toward $0.26 ended in another pullback.
Source: Ali Charts
A sharp rally in early July took DOGE above $0.26 and back to $0.30, but the level held firm. The rejection sent the price down to $0.21 support in late July. A bounce followed, with current trading around $0.23669 — still below the $0.26 resistance but above the $0.22 support.
Long-Term Channel Still in Play
Biweekly data from 2014 to 2025 shows DOGE trading within a wide ascending channel. Three major rallies in 2017, 2021, and 2024 started near the lower trendline. The 2021 peak reached $0.73665 before a steep correction, but the price never broke the channel’s lower boundary.
Source: Javon Marks X
DOGE now sits near the mid-point of this channel at $0.21768.. Javon Marks’ cycle analysis outlines three distinct runs in DOGE history, each topping near the 1.618 Fibonacci extension of its cycle low. In Cycle 3, that level lies at $2.22806 — yet to be tested.
Momentum Cooling in Lower Timeframes
On the 4-hour chart, DOGE’s late-July breakout from $0.18 to $0.27500 has given way to lower highs and lighter volume. MACD readings remain positive but the gap between lines is narrowing. RSI has fallen from overbought territory at 72.68 to 64.99, signaling reduced buying pressure.
Source: Crypto Rank
DOGE/BTC data from Binance shows the pair holding a range between 0.00000180 BTC and 0.00000450 BTC since 2022. This month’s 11.60% gain to 0.00000202 BTC came with a long lower wick, reflecting demand at support.
The post Three Strikes at $0.30: Is Dogecoin Building Power for Its Biggest Move Yet? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.