TL;DR<\/p>\n
Dogecoin rises 22% in seven days, with analysts targeting $0.27 and $0.295 after breakout.<\/span> Dogecoin (DOGE) has risen 22% over the past week and 7.5% in the last 24 hours, changing hands at $0.24. Daily trading volume stands at $3.45 billion. Analyst Trader Tardigrade posted that a bull flag breakout had formed on the 4-hour chart, setting a price target of $0.295.<\/span><\/p>\n Notably, the pattern started with an advance from $0.20 to $0.24, creating the flagpole, followed by a short period of downward-sloping consolidation.\u00a0<\/span><\/p>\n The price has now broken above the upper channel, which, in technical terms, suggests a continuation of the earlier rally. Support levels are around $0.23 and $0.22, with resistance seen at $0.25.<\/span><\/p>\n $Doge<\/a>\/4-hour#Dogecoin<\/a> Bull Flag Breakout, targeting $0.295 pic.twitter.com\/QlYb5fNHS1<\/a><\/p>\n \u2014 Trader Tardigrade (@TATrader_Alan) August 12, 2025<\/a><\/p>\n\n Analyst Ali Martinez has pointed to a similar setup on the hourly chart, saying \u201c$0.27 next for Dogecoin.\u201d His chart shows the price moving out of a falling channel after bouncing from the 0.618 Fibonacci retracement near $0.23.<\/span><\/p>\n Meanwhile, the breakout comes with <\/span>potential targets<\/span><\/a> between $0.25 and $0.28 based on Fibonacci extensions. Martinez\u2019s outlook indicates the move toward $0.27 could hold if the price stays above the breakout level.<\/span><\/p>\n <\/a>Source: Ali Martinez\/X<\/a><\/p>\n In addition, the daily DOGE\/USD chart shows the 50-day simple moving average crossing above the 200-day simple moving average. This \u201cgolden cross\u201d happened after a period of range-bound trading.<\/span><\/p>\n Trader Tardigrade <\/span>noted<\/span><\/a> that the last crossover, in late 2023, was followed by a notable rally. The crossover level near $0.20 now serves as an area of support for the market.<\/span><\/p>\n Figures from Coinglass show Dogecoin\u2019s futures open interest at $3.5 billion, up 8% in 24 hours. Options open interest increased 37% to $3.1 million, and options volume rose 80% to $932.4 million.<\/span><\/p>\n As <\/span>CryptoPotato<\/span> reported<\/span><\/a>, large wallets have acquired more than 1 billion DOGE in recent trading sessions, valued at about $200 million. These holdings now account for nearly half of the circulating supply, matching the broader lift in sentiment across the cryptocurrency market.<\/span><\/p>\n In fact, the price jump has quieted talk of a stalled rally until the <\/span>SEC\u2019s<\/span><\/a> DOGE ETF decision, putting the focus back on trading activity.<\/span><\/p>\n The post DOGE Jumps 22% as Bull Flag Breakout Sparks $0.295 Call<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR Dogecoin rises 22% in seven days, with analysts targeting $0.27 and $0.295 after breakout. Golden cross appears on DOGE daily chart, with $0.20 acting as key market support level. Whale purchases exceed 1B DOGE as open interest tops $3.5B during strong market activity. Bull Flag Breakout on 4-Hour Chart Dogecoin (DOGE) has risen 22% […]<\/p>\n","protected":false},"author":0,"featured_media":88013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88012"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88012"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/88013"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nGolden cross appears on DOGE daily chart, with $0.20 acting as key market support level.<\/span>
\nWhale purchases exceed 1B DOGE as open interest tops $3.5B during strong market activity.<\/span><\/p>\nBull Flag Breakout on 4-Hour Chart<\/h2>\n
Analyst Sets $0.27 Near-Term Price Target<\/h2>\n
Golden Cross Appears on Daily Timeframe<\/h2>\n
Whales Buy In, Speculation Fades<\/strong><\/h2>\n
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