DOGE’s Bullish Breakout: Ascending Triangle Signals Potential Rally to $0.29

Dogecoin (DOGE) has surged 6% to $0.18, reigniting bullish momentum as traders eye a potential ascending triangle breakout. The meme coin’s consolidation above key support suggests growing whale interest and ETF speculation could fuel its first major rally since 2021. Technical analysts highlight the $0.23 resistance as a critical threshold—a decisive breach may trigger moves toward $0.29, with long-term targets remaining optimistic. As of November 2025, DOGE's price action and market sentiment indicate a renewed interest in the cryptocurrency, potentially setting the stage for a significant upward movement. Investors are closely watching the $0.23 level, as a breakout could confirm the bullish pattern and attract further buying pressure.

Dogecoin’s Ascending Triangle Sparks Rally Speculation Amid $0.23 Breakout Watch

Dogecoin (DOGE) has surged 6% to $0.18, reigniting bullish momentum as traders eye a potential ascending triangle breakout. The meme coin’s consolidation above key support suggests growing whale interest and ETF speculation could fuel its first major rally since 2021.

Technical analysts highlight the $0.23 resistance as a critical threshold—a decisive breach may trigger moves toward $0.29, with long-term targets NEAR $1. The ascending triangle pattern, historically a bullish indicator, gains credibility with rising trading volume and institutional chatter.

Dogecoin Tests Key Resistance as Traders Eye $0.20 Breakout

Dogecoin (DOGE) is showing renewed bullish momentum after bouncing from its $0.161 support level, with traders now targeting a decisive breakout above $0.20. The meme coin currently trades at $0.1710, boasting a $26.07 billion market cap and $66.31 billion in 24-hour volume.

Market observers note DOGE's resilience after briefly dipping to $0.169 before rebounding. This price action suggests accumulation at lower levels, though failure to hold this zone could trigger another test of support near $0.16. The $0.20 resistance remains the immediate upside target for bulls.

Despite a 6.04% daily pullback, Dogecoin maintains 0.75% market dominance. Its recent volatility reflects the speculative nature of meme coins, yet the strong volume indicates sustained retail interest. Analysts warn that the coming sessions will prove critical for determining whether this is a genuine breakout attempt or another bull trap.

Dogecoin Holds Key Support at $0.17, Analysts Eye $1 Milestone

Dogecoin's resilience near the $0.17 support level has analysts speculating about another bullish phase. Trading at $0.172 in mid-November 2025, the meme coin's technical posture suggests potential upside targets at $0.28, $0.40, and beyond.

Crypto analyst Shan Specter identifies a descending triangle formation on Doge charts, noting this coiling pattern often precedes explosive moves. The $0.17 zone now serves as a critical pivot point for both short-term traders and long-term holders.

Market observers suggest that holding this support could reignite broader crypto sector optimism. 'The setup mirrors historical patterns that led to significant rallies,' Specter noted, emphasizing the $1 psychological barrier as a longer-term possibility.