TLDR:
- DOGE trades near $0.2182, holding above its 200-day SMA and EMA support levels.
- A golden cross fuels optimism with targets up to $0.3763 if momentum holds.
- JavonMarks sees a 226% rally possible if DOGE reclaims its all-time high.
- Daily closes above $0.213 may confirm strength, while $0.207 risks breakdown.
Dogecoin is standing at a make-or-break level. After weeks of sliding prices, the coin is now circling its 200-day moving averages. Traders are watching closely because these levels often decide the next big swing.
A strong push higher could fuel a fresh rally. A slip below, however, might send it tumbling again.
Dogecoin Price Hovers Near Critical Levels
Daan Crypto Trades pointed out that Dogecoin is clinging to its 200-day simple and exponential moving averages.
His chart shows the price trading at $0.2182, only a touch above the $0.21384 200-day SMA and $0.20763 200-day EMA. Historically, clean breakouts here often launch multi-week runs. But fakeouts below these levels have also led to sharp drops.
$DOGE Loves trading around its Daily 200 Moving Average and Exponential Moving Average.
Generally, a breakout and retest is met with strong continuation.
Just like a bearish retest from below is usually followed up by another leg down.
Let's see how this time ends up playing… pic.twitter.com/3VxLENKwdX
— Daan Crypto Trades (@DaanCrypto) July 30, 2025
According to Daan, holding above these lines is key. He noted that daily closes will either confirm strength or warn of another leg down. For now, Dogecoin’s price is stuck in the middle, making the next few sessions crucial.
Joe Swanson added another layer to the debate. He pointed to a fresh golden cross on Dogecoin’s daily chart. This signal often marks the start of bullish momentum. He also mentioned a confirmed double bottom and even put 75% odds on a Dogecoin ETF.
While optimistic, he tied these signals to one target: $0.3763. That would be nearly a 70% climb from the current price. For many traders, the golden cross is the one thing holding the bullish case together.
Bigger DOGE Price Moves on the Horizon
JavonMarks took a longer view. He compared today’s setup to past bull runs where Dogecoin surged hundreds of percent.
In his analysis, the coin could push 226% to reclaim its all-time high at $0.73905. Beyond that, he mapped out levels at $1.42 and $2.11, mirroring past price cycles.
Based on similarities to previous bull runs, the likeliness of $DOGE pushing over +226% from here to reach and break above the All Time High at $0.73905 is EXTREMELY HIGH!
History also points to Dogecoin climbing above the $1.42 and $2.11 levels after, which is increase of more… pic.twitter.com/knJOk6VGfQ
— JAVON
MARKS (@JavonTM1) July 30, 2025
Yet for all the bold projections, traders remain cautious. CoinGecko data shows Dogecoin has dropped 1.09% in the last 24 hours and 10.53% over the past week. The price may need a decisive daily close above $0.213 to shift momentum.
Dogecoin’s battle at its 200-day lines is far from over. If it holds this zone, the bullish case strengthens. But if it slips back under $0.207, the setup likely fails. Traders will keep watching the next two to three daily closes for answers.
For now, the memecoin market’s biggest player is simply waiting for its next move.
The post Golden Cross Hits DOGE, But Can Price Stick Above $0.213? appeared first on Blockonomi.
Source: https://blockonomi.com/golden-cross-hits-doge-but-can-price-stick-above-0-213/