Key Notes
- Dogecoin change outflows high $35 million in 48 hours.
- RSI divergence and MACD flattening recommend weakening bearish momentum.
- DOGE should keep above $0.1600 to maintain bullish setup legitimate.
Dogecoin value is exhibiting early indicators of a possible rebound as technical and on-chain metrics converge close to a important assist zone. DOGE is buying and selling close to $0.1701, down over 20 p.c from its June excessive of $0.2135, and is now retesting the long-standing assist band between $0.1600 and $0.1670.
This degree has held agency throughout previous corrections, and as soon as once more,
DOGE
$0.17
24h volatility:
1.1%
Market cap:
$25.49 B
Vol. 24h:
$638.35 M
is flashing indicators {that a} short-term reversal could also be taking form.
RSI Divergence and MACD Flattening Trace at Rebound Potential
DOGE value forecast | Supply: TradingView
A bullish divergence on the Relative Energy Index is essentially the most notable growth. Whereas DOGE’s value not too long ago fell to a decrease low, the RSI shaped the next low, presently sitting at 35.90. This divergence implies weakening bearish momentum and will sign a bottoming course of.
In the meantime, the MACD indicator, although nonetheless in damaging territory, is starting to flatten. The histogram bars have narrowed over the previous few days, usually an early signal of momentum shifting. A bullish crossover right here might act as additional affirmation if value motion improves.
Over $35 Million in DOGE Flows Out of Exchanges
DOGE Spot Influx/Outflow | Supply: Coinglass
Supporting the bullish technical indicators is a pointy uptick in accumulation. Based mostly on CoinGlass information, greater than $35 million in DOGE has been withdrawn from centralized exchanges over the past 48 hours. On June 19 alone, web outflows topped $3.36 million.
This pattern means that merchants are transferring belongings to self-custody, which usually indicators long-term holding intent. Diminished promote strain at key technical assist will increase the chance of a bounce.
Key Ranges to Watch
If DOGE holds above $0.1600, the subsequent resistance zones lie between $0.2050 and $0.2100. Past that, a broader breakout might purpose for the earlier excessive close to $0.2550 to $0.2600.
A each day shut under $0.1600 would invalidate the setup and open room towards $0.1400.
$DOGE is on the verge of an enormous break-out.
This chart seems insane 🤯 pic.twitter.com/ez6wONROdy
— CEO (@Investments_CEO) June 16, 2025
Solaxy (SOLX) Presale Nears Completion As Investor Demand Builds
As merchants eye a possible DOGE rebound, consideration can be rising round Solaxy ($SOLX), a layer-2 scaling resolution for Solana. Solaxy introduces a sidechain that bundles transactions off-chain to cut back mainnet congestion throughout peak exercise.
The staff has launched a testnet, token bridge, and block explorer. With the presale wrapping up, $SOLX is poised to play a key position because the mission positive aspects traction amongst wallets and exchanges.
To purchase $SOLX earlier than the presale closes, go to the Solaxy web site and join your pockets. You should utilize SOL, USDT, or a card to take part.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm data by yourself and seek the advice of with knowledgeable earlier than making any choices based mostly on this content material.
Parshwa Turakkhiya is a talented monetary author with a robust background in masking crypto, foreign exchange, inventory markets, and international finance. With a give attention to translating advanced monetary matters into clear, actionable insights, he creates content material tailor-made to each skilled and retail buyers.
