Dogecoin Price Prediction: DOGE Eyes $0.2599 as Solana Move and Bullish Channel Align

Dogecoin (DOGE) has made its move to the Solana blockchain-a big step forward in its evolution. Wormhole’s Native Token Transfers (NTT) made that possible. With Psy and RISC Zero’s help, they implemented zero-knowledge proofs to make secure, trustless DOGE transfers across blockchains. Wormhole sees this as a meeting of two industry giants. That’s a big deal, especially since over $11.5 billion in capital is now bridged to Solana.

That capital influx has Solana’s DeFi ecosystem growing fast. Dogecoin’s arrival there just adds fuel to that fire.

Chart signals are looking bullish for DOGE

TraderTardigrade pointed out a Cup and Handle pattern on DOGE’s daily chart. That formation often signals a continuation move to the upside. The “cup” has been forming over several months; the “handle” is a shallow pullback. That suggests buyers are firmly in control.

DOGE has already cleared a critical resistance at $0.245. It’s holding within an ascending price channel. If momentum and volume keep rising, that pattern could take DOGE to $0.355—a roughly 45% upside from current levels.

The short-term chart is looking good too

DOGE is consolidating near $0.2439 after a pullback from $0.2480. A bearish engulfing candle just below resistance at $0.2531 suggests some hesitation-but not a change in the uptrend.

DOGE respects its 50-period EMA (currently at $0.2336) as a support floor. Momentum is still positive, with the MACD above the zero line. But the pace might slow short-term.

• Watch $0.2380 as a potential bounce point

• Resistance zones are $0.2531 and $0.2599

• Break below $0.2336 could expose $0.2291 and $0.2229

For new traders: this is a textbook “buy-the-dip” opportunity. A bullish engulfing or hammer candle near $0.2380 would be a strong signal to re-enter. As long as DOGE holds within the rising channel and above the 50-EMA, the trend is with the bulls.

Market sentiment is still risk-on

Despite delays in DOGE ETF approvals, market interest remains high. DOGE trades at $0.2439, with a market cap of $36.12 billion and 24-hour volume of $2.83 billion.

Options volume surged 130% to $349.57 million. Open interest grew over 11% to $2.97 billion. Spot volume dipped 3.93%. That suggests traders are betting on upside-and possibly positioning for a breakout beyond $0.2531.