Dogecoin price forecast: US$0.071 support may push it up to US$0.105

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Dogecoin price forecast: US$0.071 support may push it up to US$0.105

2026-07-23 00:36:01

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Dogecoin shows a multi-year bullish divergence, and key Gunn support is facing test.

Dogecoin is currently being tested at the key Gunn support level near US$0.071, while maintaining a multi-year bullish divergence pattern. If this support can be successfully held, the price is expected to rebound towards US$0.0865 and US$0.1051; conversely, if it falls below this level, it may further explore the lower support area.

Dogecoin flashes multi-year bullish divergence signals

Analysts pointed out that Dogecoin has formed a hidden bullish divergence pattern between its June 2022 low and its June 2026 low. The chart shows that DOGE prices hit high and low points, while the monthly relative strength indicator recorded low lows. This pattern shows that the momentum of price decline decays faster than the price itself, often indicating the continuation of a larger upward trend. However, this signal belongs to a long-term technical form and does not mean that a reversal has begun.

DOGE needs to continue to hold the rising multi-year support line and break through the upper resistance level to confirm the shift in momentum. Once the trend line is lost, the bullish divergence will expire and the price may face the risk of further decline.

Dogecoin tests key Gunn support near US$0.071

Dogecoin is currently testing the US$0.0711 level on the Gann Nine Chart, which has repeatedly become an important turning point in the bear market from 2021 to 2026. Analysts pointed out that DOGE has repeatedly responded to multiple key price points generated by this indicator. Holding on to US$0.0711 will provide support for prices to rebound to the next Gunn resistance levels of US$0.0865 and US$0.1051. DOGE needs to regain both levels to show that the larger downtrend is weakening.

However, the Gann Nine Directions itself does not confirm the direction. If US$0.0711 continues to fall, the calculated support level below will point to around US$0.0585 and US$0.0482 in turn.

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