Fresh technical readings hint at a pivotal shift for Dogecoin. The charts that follow map out what to watch next—let’s dig in.
Dogecoin Forms Bullish Flag Pattern on July 15, Suggesting 32% Potential Upside
The chart, created on July 15, 2025, shows Dogecoin DOGE/USDT on Coinbase. The hourly timeframe reveals a bullish flag pattern forming after a strong upward move on July 10–11.
A bullish flag pattern is a continuation pattern that appears after a sharp price increase, followed by a brief down-sloping consolidation channel. It typically indicates that the market may resume its previous uptrend after the consolidation phase ends.
In the chart, the strong upward move pushed DOGE from around $0.14 to over $0.21. After the surge, the price began consolidating inside a descending parallel channel, forming the flag. This structure is outlined by two red trendlines sloping downward.
DOGE is currently trading near $0.19274 and sits just below the 50-period Exponential Moving Average (EMA) at $0.19687, a level often used to track short-term trends. If Dogecoin breaks above the upper red trendline of the flag and crosses the EMA, it could confirm the bullish flag pattern.
If this confirmation occurs, the price target is projected to reach approximately $0.254, which is 32% higher than the current level. This target is calculated by applying the height of the previous upward move to the potential breakout point.
Overall, the pattern suggests that if upward momentum returns and the breakout confirms, Dogecoin could rise sharply from its current range.
MACD Indicator Shows Early Bullish Signal for Dogecoin on July 15
The chart displays the Moving Average Convergence Divergence (MACD) indicator for Dogecoin (DOGE) as of July 15, 2025, on a daily timeframe.
MACD is a momentum indicator that shows the relationship between two Exponential Moving Averages (EMAs)—commonly the 12-period and 26-period EMAs. It consists of three components:
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MACD line (blue): the difference between the 12-EMA and 26-EMA
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Signal line (orange): the 9-period EMA of the MACD line
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Histogram: the difference between the MACD line and the signal line
On this chart:
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The MACD line is at -0.00221, and the signal line is at -0.00248
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The histogram shows a small positive value of 0.00027, which means the MACD line has just crossed above the signal line
This crossover suggests the beginning of a bullish momentum shift. While the values are still below zero, the upward direction of the MACD line and histogram indicates that selling pressure may be weakening and a trend reversal could be forming.
The histogram bars have moved from red to light green, supporting the view that momentum may now favor buyers. If this trend continues and the MACD crosses into positive territory, it could confirm a broader upward movement in Dogecoin’s price trend.
RSI Shows Dogecoin Gaining Strength After Approaching Oversold Zone – July 15, 2025
The chart above shows the Relative Strength Index (RSI) for Dogecoin (DOGE) as of July 15, 2025. The RSI is a momentum indicator that measures the speed and change of price movements. It typically ranges between 0 and 100:
As of the latest reading, the RSI stands at 43.23, with a recent low near 32.17. These values suggest that Dogecoin was close to the oversold threshold earlier in the day but has started to bounce back. The RSI line has curved upward, signaling that bearish pressure is weakening and short-term strength is returning.
The purple RSI line is also starting to rise toward the yellow moving average line, a sign that momentum may be shifting toward buyers. If the RSI moves above the midline (50), it could confirm a short-term momentum shift.
This behavior, combined with other indicators like the recent MACD crossover and bullish flag pattern, supports a growing case for potential upward continuation in DOGE’s trend.
DMI Shows Strength Building on Bearish Side for Dogecoin – July 15, 2025
This chart presents the Directional Movement Index (DMI) for Dogecoin (DOGE) on July 15, 2025, using the standard 14-period setting.
The DMI consists of three key components:
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+DI (Positive Directional Indicator) – Blue line (currently at 12.0197)
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−DI (Negative Directional Indicator) – Orange line (currently at 20.4156)
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ADX (Average Directional Index) – Red line (currently at 37.6107)
As of the latest data:
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The −DI remains above the +DI, showing that bearish momentum still dominates the market.
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The ADX has climbed to 37.61, indicating a strong trend—but this trend still favors the downside.
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A rising ADX above 25 means the current trend, whether bullish or bearish, is gaining strength.
The wide gap between −DI and +DI signals that downward pressure has been significant over the past few days. However, both directional lines show signs of tightening, which could lead to a trend shift if the +DI crosses above the −DI.
For now, the trend remains bearish, but the flattening of −DI and the rising +DI may be an early indication that bulls are trying to regain control. If +DI crosses above −DI and ADX holds steady or rises, it would suggest that momentum is shifting in favor of buyers.