Mon Jul 14 10:30:00 UTC 2025: Here’s a news article summarizing the provided text about Dogecoin:

**Dogecoin Eyes $0.20 Target as Fresh Rally Gains Momentum**

Dogecoin (DOGE) is experiencing a resurgence, breaking above the $0.18 threshold and setting its sights on the $0.20 mark. The cryptocurrency has demonstrated a bullish trend, mirroring the performance of Bitcoin and Ethereum, and currently trades above $0.1880, supported by the 100-hourly simple moving average.

Analysis of the DOGE/USD pair, using data from Kraken, reveals a bullish trend line forming with support around $0.1910. While DOGE briefly touched $0.1992 before consolidating, analysts suggest a clear move above the $0.1980 and $0.20 resistance levels could fuel a significant rally, potentially reaching targets of $0.2050, $0.220, $0.2320, and even $0.250.

However, a failure to break the $0.20 resistance could trigger a downside correction. Key support levels to watch are $0.1910 (the trend line), $0.1820 (50% Fib retracement), and the critical $0.1780 level. A break below $0.1780 could lead to further declines towards $0.1750 or even $0.1720.

Technical indicators suggest bullish momentum. The Hourly MACD is gaining strength in the bullish zone, and the Hourly RSI is above 50. Traders are advised to monitor these levels closely and acknowledge the inherent risks of cryptocurrency trading. This analysis is for informational purposes only and should not be considered investment advice.

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