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Dogecoin Eyes $1 as Dragonfly Doji Signals Bullish Reversal

cryptonews100_tggfrn by cryptonews100_tggfrn
December 3, 2025
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Dogecoin Eyes $1 as Dragonfly Doji Signals Bullish Reversal
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Dogecoin began at $0.1368 and noticed a pointy surge, shortly rising above $0.145. After the spike, the worth stabilized with reasonable fluctuations between $0.145 and $0.149. DOGE stays below strain on greater timeframes, sitting about 7.3% decrease over the previous week and 12.3% down within the final 14 days. This means that as we speak’s transfer is extra of a aid rally inside a broader cooling-off section. As of this writing, the DOGE is exchanging fingers at round $0.1500 with a 24-hour acquire of 9.5%.

Dogecoin worth chart, Supply: CoinMarketCap

Dogecoin Kinds Dragonfly Doji, Signaling Potential Bullish Reversal

In accordance with analyst Dealer Tardigrade, Dogecoin is at the moment displaying indicators of a possible bullish reversal on the weekly chart. The important thing sign highlighted is the Dragonfly Doji, a traditional candlestick sample that usually signifies a shift from a downtrend to an uptrend. This sample seems when the worth opens, drops considerably, however then recovers to shut close to the opening worth, leaving a protracted decrease shadow. 

Supply: X

In Dogecoin’s case, the Dragonfly Doji has fashioned at a robust trendline assist, which has traditionally acted as a stable basis throughout earlier worth rallies, as seen in previous surges of 86%, 210%, and even 442% inside 2024–2025. This means that patrons are stepping in to defend key ranges, creating the potential for a robust upside transfer.

Dealer Tardigrade additional notes that if the bullish reversal holds, Dogecoin might goal $1, representing a possible acquire of over 600% from present ranges. The analyst emphasizes that the weekly chart’s long-term perspective strengthens the importance of this reversal sign, making it extra dependable than shorter-term patterns. Previous cases of trendline assist mixed with bullish reversal alerts have traditionally led to substantial worth appreciation, suggesting DOGE could also be getting into one other main upward cycle. 

Dogecoin Technical Evaluation

Dogecoin’s worth on the 1-day timeframe reveals the worth stabilizing after a chronic downtrend, with the market trying to carry above the $0.1450–$0.1500 zone. This space has acted as a short-term base after current weak spot. Key assist sits round $0.1450, whereas resistance is forming close to $0.1600, with a stronger ceiling round $0.1700 that DOGE would wish to interrupt to verify bullish momentum.

DOGE 1-day worth chart, Supply: TradingView

The relative power indicator (RSI) sits round 44, indicating that the market is neither oversold nor overbought. The MACD stays barely beneath the sign line, although each traces are flattening, suggesting that bearish momentum is fading and the market may very well be making ready for a possible shift.



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