Dogecoin Price Surges Above $0.153 After Volatile Weekend
Dogecoin shook off a dramatic weekend draw-down to post a sharp 7 percent rebound early Monday, climbing from a low near $0.143 to intraday highs above $0.153 on 23 June 2025. The surge followed a burst of trading activity five times higher than the token’s daily average and re-established a short-term up-trend that analysts say could open the door to a push toward the $0.16–$0.17 range.
A Whiplash Weekend Ends With a Snap-Back Rally
CoinDesk data show DOGE traded in a 9 percent band over the previous 24 hours, bottoming out late Sunday as broader crypto markets absorbed nearly $1 billion in forced liquidations before snapping higher in the Asian session. Volume spiked to 10.7 million tokens within minutes of the reversal, confirming strong dip-buying interest around the $0.145 technical floor.
Momentum accelerated during the final hour of trading, when bulls pushed the price through short-term resistance at $0.153432, a level technical traders had flagged throughout the weekend. “If DOGE can keep closing above that pivot, $0.155 to $0.158 is quickly back on the table,” CoinDesk Analytics wrote in its post-rally recap.
Macro Headwinds, Micro Drivers
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Dogecoin shook off a dramatic weekend draw-down to post a sharp 7 percent rebound early Monday, climbing from a low near $0.143 to intraday highs above $0.153 on 23 June 2025. The surge followed a burst of trading activity five times higher than the token’s daily average and re-established a short-term up-trend that analysts say could open the door to a push toward the $0.16–$0.17 range.
A Whiplash Weekend Ends With a Snap-Back Rally
CoinDesk data show DOGE traded in a 9 percent band over the previous 24 hours, bottoming out late Sunday as broader crypto markets absorbed nearly $1 billion in forced liquidations before snapping higher in the Asian session. Volume spiked to 10.7 million tokens within minutes of the reversal, confirming strong dip-buying interest around the $0.145 technical floor.
Momentum accelerated during the final hour of trading, when bulls pushed the price through short-term resistance at $0.153432, a level technical traders had flagged throughout the weekend. “If DOGE can keep closing above that pivot, $0.155 to $0.158 is quickly back on the table,” CoinDesk Analytics wrote in its post-rally recap.
Macro Headwinds, Micro Drivers
Read the full article
Follow us social networks:Twitter https://x.com/Ybex_io | Telegram https://t.me/ybex_io | Exchanger https://ybex.io/