Crypto analyst Javon Marks released a fresh update on Dogecoin, continuing a price analysis he has consistently shared on X since last year. His latest update focuses on a resistance near $0.6533 that is currently stalling a potential 402% rally. He notes that as long as the resistance holds, the breakout structure remains intact and could drive a substantial upside toward the next target. Breaking above $0.6533 could open a path toward about $1.25, with the next target around $1.25111 if that level is cleared.
Separately, Bitguru observes DOGE stabilizing after a liquidity-driven drop, noting that the coin has been compressing near lows and entering a long consolidation following a sharp price decline. His chart suggests that once this consolidation ends, DOGE’s price could surge from around $0.11 to $0.20. The chart also indicates a shift in structure, with higher highs after breaking the long-term descending trendline. This pattern of higher highs and higher lows is typically bullish, but the price must overcome the $0.6533 resistance to validate the next rally.
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