Dogecoin Surge: New Hope for Investors Amid Global Uncertainty!

Jakarta, Pintu News – Dogecoin (DOGE) recently recorded a significant increase of 4.29% in the last 24 hours, reaching a price of $0.180 from $0.173. This rise came amidst market panic triggered by the Israeli-Iranian conflict, with many other cryptocurrencies experiencing selling pressure. Dogecoin (DOGE) not only managed to break through key resistance at $0.177 but also maintained its position at new highs despite heightened global uncertainty.

News Background

In volatile market conditions due to geopolitical conflicts, Dogecoin (DOGE) has shown remarkable resilience. The crypto not only withstood the selling pressure that hit the broad market, but also managed to post gains. This has caught the attention of investors looking for safe haven assets that can provide stability in times of uncertainty.

Dogecoin (DOGE)’s stability further confirms its position as a ‘memecoin’ that is not only dependent on market sentiment but also has a strong technical foundation. This is proof that Dogecoin (DOGE) is more than just a trend, it has become an important part of the crypto ecosystem.

Also Read: Bitcoin (BTC) Hits a New Low, What’s the Impact on the Market? (6/18/25)

Price Action

Dogecoin (DOGE) recorded a price pattern that showed an uptrend by forming a higher low and a higher high. The trading volume increased to 415 million units when the price broke $0.177 showing strong buying interest from investors.

Despite reaching $0.18, Dogecoin (DOGE) experienced a bit of selling pressure which intensified in the last minutes of trading. However, the close near the top of the session showed that buyers still had a fairly strong control over the market.

Recapitulation of Technical Analysis

Technical analysis shows that Dogecoin (DOGE) has formed a ‘higher-highs’ pattern which is a bullish indicator in technical analysis. This pattern indicates the potential for a continued uptrend that could take Dogecoin (DOGE) to even higher price levels in the future.

The head-and-shoulders pattern formed at the $0.18 level is a critical area to watch out for. If Dogecoin (DOGE) manages to break this resistance, there is potential to reach higher price levels. However, failure to break out could lead to a price correction.

Cover: Dogecoin’s Future Prospects

Considering the resilience and positive trend shown by Dogecoin (DOGE) recently, investors may see this as an opportunity to participate in further potential price increases. Although the crypto market is known for its volatility, Dogecoin (DOGE) shows that it has strong appeal amid investors looking for investment alternatives amid global uncertainty.

Also Read: Global Tensions Heat Up, Crypto Takes a Hit: What Really Happened? (6/18/25)

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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 andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coindesk. Dogecoin Shows Higher Highs, Price Action in Short-Term Relief for Bulls. Accessed on June 18, 2025
• Featured Image: Generated by AI