Share this article
Dogecoin Surges as Ether Zooms 8%, Sparking Bullish Reversal For Memecoins
The breakout now sets up a clean continuation zone—provided bulls defend the mid-range pivot they just reclaimed.
Dec 9, 2025, 7:27 p.m.
Make us preferred on Google
What to know:
- Dogecoin surged above $0.15, marking a significant momentum shift as ether rose 8%.
- The breakout was driven by targeted buying in the meme-coin sector amid a broader market rally.
- Traders are watching if Dogecoin can maintain support above the $0.1500 pivot to continue its upward trend.
Dogecoin finally forced a resolve on its multi-session compression, punching above $0.15 on a volume-backed breakout that signaled the first real momentum shift in days as ether zoomed 8%.
The move came as targeted buying hit the meme-coin complex while the broader market rallied, giving DOGE relative strength into the close. The breakout now sets up a clean continuation zone—provided bulls defend the mid-range pivot they just reclaimed.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
News Background
- No token-specific catalysts — the move aligned with selective risk-on flows in meme-coin majors.
- Broader crypto markets saw synchronized relief buying as CD5 broke above near-term resistance.
- Traders rotated into high-beta assets after weekend volatility stabilized.
- ETF headlines remain largely Bitcoin/Ethereum focused, leaving DOGE flows primarily technical and positioning-driven.
Price Action Summary
DOGE initiated its breakout at 15:00 GMT, ripping through resistance at $0.1424Volume peaked at 1.75 billion during the 16:00 hour as price tagged $0.1522.
Support formed at $0.1463 after initial acceleration, validating the breakout structure.
Relative strength flowed into DOGE even as volume cooled, with price still printing higher lows.
Technical Analysis
- Break above descending trendline confirms reversal of short-term bearish structure.
- Consolidation band formed at $0.1509–$0.1513 following a 1.7% pullback from local highsKey breakout level now $0.1550, with psychological $0.1500 acting as pivotSupport stack sits at $0.1463 and deeper at $0.1424 — any breach risks invalidating the setup.
- Total session range expanded to $0.0132 (8.7%), consistent with early-stage trend change.
What Traders Are Watching
- If bulls can push a clean retest and hold above the $0.1500 pivot.
- Whether accumulation reappears on any dip toward $0.1463.
- Volume behavior: a second expansion phase is required to challenge $0.1550.
- Failure back into the descending trendline risks trapping late breakout chasers
More For You
More For You
BlackRock's digital assets head: Leverage-driven volatility threatens bitcoin’s narrative
Rampant speculation on crypto derivatives platforms is fueling volatility and risking bitcoin’s image as a stable hedge, says BlackRock’s digital assets chief.
알아야 할 것:
- BlackRock digital-assets chief Robert Mitchnick warned that heavy use of leverage in bitcoin derivatives is undermining the cryptocurrency’s appeal as a stable institutional portfolio hedge.
- Mitchnick said bitcoin’s fundamentals as a scarce, decentralized monetary asset remain strong, but its trading increasingly resembles a "levered NASDAQ," raising the bar for conservative investors to adopt it.
- He argued that exchange-traded funds like BlackRock’s iShares Bitcoin ETF are not the main source of volatility, pointing instead to perpetual futures platforms.
Top Stories
