Dogecoin (DOGE) Price Prediction for July 23

Dogecoin is stabilizing below $0.27 following a breakout from its descending structure. Dogecoin price today is holding near $0.266, trading just under resistance after reclaiming major support. Buyers stepped in strongly above $0.25, helping DOGE recover from its earlier slide and reclaim key chart levels across multiple timeframes. What’s Happening With Dogecoin’s Price? DOGE price forecast (Source: TradingView) On the daily chart, Dogecoin has broken out from a downward-sloping parallel channel that has been in place since late 2024. The breakout was confirmed after price cleared the $0.25 zone and printed a clean Break of Structure. DOGE is now hovering near $0.266, just below a resistance zone at $0.277 marked as a weak high. This level is critical for confirming the next upward continuation. From a structural perspective, the Smart Money chart shows that DOGE has broken out above multiple CHoCH and BOS zones. Price is now trading well above the prior liquidity pools near $0.22–$0.25, keeping the upward trend intact unless $0.246 fails. DOGE price forecast (Source: TradingView) Weekly price action shows a double-bottom formation with neckline v… The post Dogecoin (DOGE) Price Prediction for July 23 appeared first on Coin Edition .

Source: Coin Edition