On the week ending July 17, 2025, Dogecoin DOGE/ USDT traded between $0.1884 and $0.2207, closing at $0.2147. This marks an 8.10% increase from the previous week’s close.
Trading volume reached 1.44 billion DOGE on Coinbase. This weekly candle shows renewed bullish pressure. The price moved back above the 50-week exponential moving average (EMA), which stood at $0.2003. This crossover suggests potential short-term strength after several failed attempts in June and early July.
Previously, Dogecoin had traded below the EMA for most of the past three months. The recent bounce from the $0.17–$0.18 zone shows renewed activity at a support level seen in late May. Volume also increased alongside the price, signaling broader participation across the market.
Overall, Dogecoin’s weekly chart shows a break above dynamic resistance with rising volume, which aligns with today’s broader altcoin momentum following U.S. legislative news.
MACD Signals Early Momentum Shift for Dogecoin – July 17, 2025
The chart shows the Moving Average Convergence Divergence (MACD) for Dogecoin (DOGE) on a weekly timeframe. As of July 17, 2025, the MACD histogram has moved slightly above zero to 0.00247, marking the first green bar after months of red.
The MACD line (blue) has turned up to -0.01083, while the signal line (orange) is at -0.01330. Though both values are still negative, the MACD line is now closer to crossing above the signal line. This movement suggests weakening bearish momentum.
The last clear bullish crossover occurred in early 2024, followed by a strong upward rally. Now, the histogram’s color change and the upward slope in both lines indicate that selling pressure may be fading. While this does not confirm a new trend yet, it highlights the first technical shift in favor of buyers since the previous peak in Q1 2025.
RSI Shows Neutral Momentum for Dogecoin – July 17, 2025
The Relative Strength Index (RSI) for Dogecoin (DOGE), using a 14-period setting on the weekly chart, stood at 52.32 on July 17, 2025. This level places it just above the midpoint of the RSI scale, which ranges from 0 to 100.
An RSI between 30 and 70 signals a neutral trend. Values above 70 are typically considered overbought, while values under 30 are considered oversold. At 52.32, the current reading shows moderate strength with no extreme buying or selling pressure.
The yellow signal line, calculated as a moving average of the RSI, was at 46.20. The RSI crossing above this line suggests early upward momentum. This change follows a period where RSI remained below the signal line during Dogecoin’s recent price decline.
Overall, this reading supports a shift away from weakness, but without confirming a strong trend. The RSI behavior aligns with the recent 8% weekly price increase and continued consolidation near the 50-week exponential moving average.
Balance of Power Turns Positive for Dogecoin – July 17, 2025
The Balance of Power (BoP) indicator for Dogecoin stood at 0.51 on July 17, 2025, based on the weekly timeframe. This reading reflects a shift toward buyer control in recent sessions.
Values above zero on the BoP indicate that buying pressure exceeds selling pressure. The current positive level shows that bulls have gained control after several weeks of mixed or negative momentum. This aligns with the recent price recovery above the 50-week exponential moving average.
Over the past year, the BoP for Dogecoin has shown sharp fluctuations between positive and negative territory. However, recent stability above the neutral line suggests buyers are starting to dominate the market again.
While BoP alone does not confirm a sustained trend, its position above 0 supports current strength visible in price, volume, and other technical indicators.