- DOGE-USD
Leading <a href="https://cryptoz7.com/1-popular-cryptocurrency-to-buy-before-it-soars-13000-according-to-bitmines-tom-lee/” title=”1 Popular Cryptocurrency to Buy Before It Soars 13,000%, According to Bitmine's Tom Lee”>cryptocurrency analyst Ali Martinez stated on Monday that Dogecoin(CRYPTO: DOGE) is in the middle of an ongoing upward move that could deliver gains of up to 150%.
Will DOGE’s Rebound Sustain?
In an X post, Martinez identifies $0.081 as the “first major resistance” for the memecoin, citing data from the Unspent Transaction Output Realized Price Distribution chart.
The indicator maps out the exact price levels where existing coin supplies last moved or were acquired on-chain.
“A breakout above it [$0.081] could clear the way for a move toward $0.177, where the next significant supply zone sits,” the analyst added.
The day before, Martinez spotlighted a “screaming” bullish signal across DOGE’s monthly, weekly, 3-day, and daily charts, calling the multi-timeframe setup “rare.”
Dogecoin $DOGE is starting to rebound, and the URPD points to $0.081 as the first major resistance level.
A breakout above it could clear the way for a move toward $0.177, where the next significant supply zone sits. https://t.co/2HWYJshVG4pic.twitter.com/3kuETNwAEO
— Ali Charts (@alicharts) July 27, 2026
Read Also:Dogecoin Sets 65-Day Bearish Record: Is the Broader Crypto Rally Incomplete?
More on Technicals, Derivatives
The Moving Average Convergence Divergence indicator, which compares the 12-period and the 26-period exponential moving averages, flashed a “Buy” signal for DOGE
The Bull Bear Power indicator, which measures the strength of buyers and sellers, remained “Neutral,” and so did the Relative Strength Index.
Interest among derivatives traders has also intensified. DOGE long positions among Binance’s top traders—those in the top 20% by margin balance—rose sharply relative to short positions
Additionally, DOGE’s open interest rose 7.3% over the last week, signaling an influx of new money in the speculative market.
Price Action: At the time of writing, DOGE was exchanging hands at $0.07004, down 3.71% over the last 24 hours, according to data from Benzinga Pro.
Read Also:Dogecoin, Shiba Inu Are Still the ‘Standard to Be Measured Against’ — here’s Why
Photo Courtesy:ihrinmoisuc on .com
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