Dogecoin is showing resilience after bouncing from the $0,14 support level despite recent market turbulence. While Bitcoin’s pullback put pressure on the broader crypto market, DOGE has held firm, now trading around $0,1696. With network activity surging 47% over the past month and active addresses climbing to 163,000, DOGE may be gearing up for a strong move.

RSI Signals Bullish Momentum

Crypto analyst Ali Martinez highlights that DOGE’s Stock RSI is nearing a bullish crossover, a signal that upward momentum is building. Historically, such crossovers have preceded significant price increases, making this a key indicator to watch. The surge in network activity further strengthens this outlook, reflecting growing engagement and potential increased demand.

Key Price Levels to Watch

DOGE is currently approaching critical resistance at $0,175. A decisive break above this level could open the door for a rally toward the next major resistance at $0,196. However, failure to break through may result in a pullback toward $0,143, where strong support has previously been established.

With technical indicators flashing bullish signals and adoption metrics improving, DOGE is at a crucial juncture. If momentum continues to build, a breakout could soon be on the horizon.