Dogecoin managed to stay steady above the critical $0.07 mark after months of declines, showing early signs of recovery. At the moment, DOGE trades around $0.07054, up 1.6% in 24 hours, with a hefty $826.89 million in daily volume and a $12.03 billion market cap.
Crypto analyst BitGuru shared on July 29, 2026, that buyers are inching back, marking what looks like an accumulation phase. The key resistance to watch is $0.11 breaking through that could push Dogecoin toward $0.13 or even $0.15. However, slipping below $0.065 might trigger another wave of selling, casting a shadow over near-term prospects.
Technical Signs Point to Gradual Uplift
Indicators back the tentative bounce. The Relative Strength Index (RSI) sits just above 40, hinting demand remains weak but selling pressure is easing. Meanwhile, the MACD shows a small but positive turn as it crosses its signal line, a subtle but hopeful sign of building momentum. That said, bigger volume will be needed to confirm a sustained rebound.
For now, all eyes are on whether Dogecoin can defend its $0.07 floor and gather enough strength to challenge resistance at $0.11.
This is informational content, not financial advice.
