DOGE Price Rebounds 2.30%: Is Dogecoin Ready for a $0.24 Breakout?

As the DOGE price rises above $0.18, Dogecoin displays recent strength, encouraging analysts and traders. The meme coin’s bullish momentum seems to be unaffected by recent declines, particularly as it gets closer to the $0.24 obstacle. Now, analysts predict a 600% increase that would push Dogecoin to $0.93 in the upcoming months. This projection is fueled by technical breakouts and increasing trading volume. With the Dogecoin price supported by long-term trendlines, the stage seems set for a major rally. Let’s explore how Dogecoin could enter a new phase of upward acceleration.

Can Dogecoin’s $0.24 Resistance Spark a Meme Coin Frenzy?

Since October 2023, Dogecoin has been establishing a strong technical structure by rising off its ascending support trendline. Previous large rallies, such as a 200% surge in late 2023 and a 400% spike in early 2024, have been fueled by this trendline. The DOGE price is currently at $0.1862, up 2.30% per day, backed by increased crypto market capitalization and strong volume.

#DOGECOIN from $0.18 looks like it might be starting something bigger.💥

Structure is building naturally, candle by candle, and the momentum doesn't seem random.Breakout from consolidation? That’s exactly how it looks through the lens of momentum and EMAs.Key resistance is at… pic.twitter.com/EZee9AmtAq

— memecrypto (@memecrypto_com) April 24, 2025

Analysts like Memecrypto highlight a consolidation phase that now hints at a breakout, driven by bullish EMAs and momentum signals. As Dogecoin nears the $0.24 resistance, confidence grows that a breakout could begin a larger trend. The meme coin is also regaining attention on social media and trading platforms, signaling a potential influx of retail interest. With Dogecoin price support poised for expansion, the question is whether buyers will step in aggressively before the next wave begins.

600% Rally Forecast: What the Charts Say

Dogecoin’s latest rally could be the start of something much bigger. According to Trader Tardigrade, a notable analyst in the meme coin space, Dogecoin price support is on track for a 600% move based on its long-term ascending trendline. The Dogecoin price would need to reach $0.93 to fulfill this bold prediction, a new all-time high. Historical data support this claim, as past trendline bounces have led to exponential price action.

Chart 2 – DOGE/USD live price, published on TradingView, April 26, 2025

Technicals aside, crypto market behavior also plays a role. As Dogecoin returns to the Order Block Zone, a key area of support, buyers are stepping in. If this zone holds, it could act as a launchpad toward the $0.24 resistance, and potentially $0.50 and beyond. Social sentiment is warming, and trading activity is accelerating. The Dogecoin price seems primed for a move that could outpace previous rallies if history repeats itself.

Order Block Zone Could Spark the Next Move

The Order Block Zone remains a crucial battleground for Dogecoin bulls and bears. This zone, previously responsible for halting downtrends, is once again offering support. Traders believe that a strong defense of this zone could push the Dogecoin price into a bullish breakout. With momentum building and technical patterns aligning, Dogecoin’s resilience might turn into explosive growth. The next few days could be pivotal.

What’s Next: DOGE Price Eyes Explosive Surge

Looking ahead, the Dogecoin price is positioned to retest key levels. If momentum holds, the $0.24 resistance could be breached, opening the door to $0.50 and eventually $0.93. Dogecoin price remains a focal point for meme coin investors, especially as historical trends point toward outsized returns. Maintaining Doge price above $0.18 is critical, while defending the ascending trendline remains key for bulls. Dogecoin price has bounced twice before with stellar gains—will this be the third time it makes history?