Dogecoin Breaks Free: Third Attempt Confirms Today’s Bullish Surge

Jakarta, Pintu News – Talk of a Dogecoin (DOGE) breakout is back, but this time, it’s not just a rumor. After several failures, this meme coin has finally broken through its descending triangle resistance. So, how will Dogecoin price move today?

Dogecoin Price Rises 1.63% in 24 Hours

Dogecoin demonstrated renewed strength on April 17, 2026, posting a 1.63% gain over the past 24 hours to trade at $0.09789 (approximately IDR 1,681). Throughout the daily trading session, the meme coin navigated a steady channel, bouncing from a local low of IDR 1,619 before touching an intraday high of IDR 1,704.

Backed by consistent market participation, Dogecoin’s total valuation currently stands at a robust market capitalization of IDR 258.36 trillion. This upward momentum is further supported by active trading, with the 24-hour volume reaching an impressive IDR 47.42 trillion at the time of writing.

Read also: As Ethereum Holds Steady at $2,300 Today, Is a Surge to $3,000 on the Horizon?

Three Experiments that Changed the Dynamics of Market Control

Let’s go through a few things, as the order is more important than the breakout itself. First try? Rejected. Short and clear. The candle body didn’t even make it into the resistance zone-whichmeans the sellers are in complete control, without debate.

Second try? Slightly better, but still no luck. The price managed to close right at the resistance zone. Buyers did show up, of course, but couldn’t break through. The sellers still had the final say.

Then came the third try. And this is where things turned around, according to TATrader_Alan analysts. The entire candle section closed above the resistance. It wasn’t just awick, it wasn’t a momentary flirtation-it was afull-bodied move. That’s not hesitation. That’s conviction. And in technical terms, that’s confirmation.

Descending Triangle Finally Breaks After Several Rejections

Moreover, a descending triangle is usually a bearish structure.Lower highs, flat support – it’s a formation(setup) that often leads to falling prices as a continuation of the trend. However, the market doesn’t always follow the textbooks.

This time, the Dogecoin price breakout seems to be moving in the opposite direction. Instead ofbreaking down, the price is breaking upwards – and not on the first try, but after gradually weakening the sellers’ control.

Each rejection wasn’t just a failure; it was pressure building up underneath. On the third try, the pressure broke its upper limit.

Read also: Bitcoin Retreats to $74,000 as Exchange Inflows Surge to 11,000 BTC

ResistanceFlip Signals a Shift in Buyer Power

Now, once the resistance is broken, that level doesn’t disappear. Its status changes(flips). The same zone, which previously rejected the price twice, is now expected to act as support. And that shift from resistance to support is where the real narrative changes.

It’s not just about prices moving up. It’s about control changing hands. Buyers are no longer just participating-instead, they are now starting to dictate the direction of the market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Dogecoin Breakout Confirmed After Third Attempt Flips Resistance. Accessed on April 17, 2026