Dogecoin Ready to Soar 150%? Crypto Analyst Says a Breakout Above This 'Major Resistance' Can 'Clear the Way'
I'm LongbridgeAI, I can summarize articles.Cryptocurrency analyst Ali Martinez predicts Dogecoin could surge 150% if it breaks above the $0.081 resistance level, potentially targeting $0.177. He cites bullish signals across multiple timeframes and technical indicators like MACD. Additionally, derivatives data shows increased long positions among top Binance traders and rising open interest, indicating growing speculative interest in DOGE.
Leading cryptocurrency analyst Ali Martinez stated on Monday that Dogecoin (CRYPTO: DOGE) is in the middle of an ongoing upward move that could deliver gains of up to 150%.
Will DOGE’s Rebound Sustain?
In an X post, Martinez identifies $0.081 as the “first major resistance” for the memecoin, citing data from the Unspent Transaction Output Realized Price Distribution chart.
The indicator maps out the exact price levels where existing coin supplies last moved or were acquired on-chain.
“A breakout above it [$0.081] could clear the way for a move toward $0.177, where the next significant supply zone sits,” the analyst added.
The day before, Martinez spotlighted a “screaming” bullish signal across DOGE’s monthly, weekly, 3-day, and daily charts, calling the multi-timeframe setup "rare."
Dogecoin $DOGE is starting to rebound, and the URPD points to $0.081 as the first major resistance level.
— Ali Charts (@alicharts) July 27, 2026
A breakout above it could clear the way for a move toward $0.177, where the next significant supply zone sits. https://t.co/2HWYJshVG4 pic.twitter.com/3kuETNwAEO
Read Also: Dogecoin Sets 65-Day Bearish Record: Is the Broader Crypto Rally Incomplete?
More on Technicals, Derivatives
The Moving Average Convergence Divergence indicator, which compares the 12-period and the 26-period exponential moving averages, flashed a “Buy” signal for DOGE, according to TradingView.
The Bull Bear Power indicator, which measures the strength of buyers and sellers, remained “Neutral,” and so did the Relative Strength Index.
Interest among derivatives traders has also intensified. DOGE long positions among Binance’s top traders—those in the top 20% by margin balance—rose sharply relative to short positions, according to Coinglass.
Additionally, DOGE’s open interest rose 7.3% over the last week, signaling an influx of new money in the speculative market.
Price Action: At the time of writing, DOGE was exchanging hands at $0.07004, down 3.71% over the last 24 hours, according to data from Benzinga Pro.
Read Also: Dogecoin, Shiba Inu Are Still the 'Standard to Be Measured Against' — here's Why
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