
Ah, the daily time frame of Dogecoinโs price chart. It has a lovely falling channel formation, which has been dominating its price action since early 2025. It had been bouncing off a rather cozy lower support near $0.15, almost as though it was trying to get comfortable. But wait! This week, it showed a rather cheeky breakout above the upper trendline of the falling wedge. The coin is now trading at $0.198, with a market cap of $30.03 billion. Oh, and itโs now above both the 20-day and 50-day EMAs, which is, if I may say so, a rather bullish signal. Could it be headed for the long-term 200-day EMA band? Stay tuned!