The Dogecoin Foundation has officially launched the Dogecoin Reserve, allocating 10 million DOGE to the project. This new reserve aims to support Dogecoin’s role in fast and efficient digital transactions.
The Foundation made the announcement in early July, stating that the reserve would serve as a pool for initiatives that improve utility. By creating this fund, the Foundation wants to highlight Dogecoin’s ability to handle real-world payments—not just speculative trading.
According to the official update, the reserve will provide DOGE for operational use cases such as developer incentives, testing environments, and public-good projects. The Foundation confirmed that all transactions tied to the reserve will remain transparent, tracked through an open ledger available to the public.
In addition, the reserve aligns with the Foundation’s long-term goal of promoting Dogecoin as a functional currency. Rather than waiting for external adoption, the Foundation is now taking a more proactive role in building DOGE’s infrastructure.
The 10 million DOGE reserve will stay under Foundation control but used only under strict internal guidelines. Any disbursement will require a vote by the board, ensuring that the funds remain protected and purpose-driven.
By creating this reserve, the Foundation reinforces Dogecoin’s original purpose—as a peer-to-peer digital cash system. The move also signals a shift toward formalized support for DOGE-based tools and services across the ecosystem.
Dogecoin Forms Bullish Flag Pattern, Signals Potential 63% Rally
Dogecoin (DOGE) has formed a bullish flag pattern on the daily chart, with the latest update created on July 7, 2025. This technical formation typically signals the continuation of an existing upward trend after a brief consolidation.
A bullish flag appears when a strong upward price move—called the “flagpole”—is followed by a downward-sloping, parallel channel. This phase reflects temporary consolidation before the next potential breakout.
In this case, Dogecoin surged earlier in May, forming the flagpole. Then, it entered a declining channel bounded by red parallel lines. Now, the price is testing a breakout from that channel near the 50-day exponential moving average (EMA), currently at $0.17815.
At the time of writing, DOGE trades at $0.16846, below the EMA. However, the breakout attempt from the upper trendline suggests momentum is building.
If the breakout confirms, the price could climb to the projected target of $0.27510—a 63.3% increase from the current level. Analysts often calculate this target by adding the height of the flagpole to the breakout point.
Trading volume remains elevated, showing that buyer interest has not faded. As Dogecoin tests this breakout level, attention will shift to whether it closes above the EMA and holds above the upper boundary of the flag structure.
With this formation in play, the chart signals that Dogecoin may be preparing for a sharp upward continuation.
Dogecoin SMI Indicator Enters Bullish Zone, Signals Momentum Shift
Dogecoin’s daily chart DOGE/USDT shows a bullish signal from the Stochastic Momentum Index (SMI)—a technical indicator that refines the standard stochastic oscillator by comparing closing prices relative to the midpoint of a high-low range.
As of July 7, 2025, both the blue %K line and the orange %D signal line have moved into positive territory. The %K is at 24.69, while the %D reads 25.68, indicating upward momentum.
The SMI crossover occurred after both lines rebounded from oversold conditions below -40 in late June. Now, with both values crossing above zero, the indicator suggests a potential bullish trend is building.
In past cycles on this chart, similar SMI crossovers near the zero line often preceded strong upward movements. Although not a guarantee, this signal aligns with other bullish formations on Dogecoin’s daily chart, including the breakout from a bullish flag.
The upward slope in both %K and %D lines confirms growing buying pressure. If this trend continues, Dogecoin could see follow-through momentum in the coming sessions.
Traders often look for confirmation from both price structure and momentum indicators. With the SMI turning positive alongside a bullish flag breakout, Dogecoin now shows technical conditions that favor a near-term rally.
Dogecoin RSI Nears Breakout Zone, Strengthening Momentum Outlook
Dogecoin’s daily Relative Strength Index (RSI) now reads 48.42, up from a mid-June low near 32. The RSI measures the speed and change of price movements over a 14-day period. It helps traders gauge whether an asset is overbought or oversold on a scale from 0 to 100.
On July 7, the RSI crossed above its yellow 14-day moving average, currently at 43.40. This upward crossover often signals strengthening bullish momentum and suggests the price could be entering an accumulation phase.
Over the past five months, similar RSI breakouts above the moving average have preceded rallies—particularly when RSI values moved above the 50 threshold. Although DOGE has not yet crossed 50, the current reading near that level shows that buyers are gradually gaining control.
The rising slope in both the RSI and its moving average supports a bullish reversal narrative, especially when combined with the bullish flag pattern and SMI (Stochastic Momentum Index) confirmation from earlier charts.
With RSI pushing higher and momentum building, Dogecoin may be preparing for a sustained upward move if it clears the neutral 50 zone in the coming sessions.
Dogecoin DMI Lines Converge, Hint at Upcoming Trend Decision
Dogecoin’s Directional Movement Index (DMI) shows a key convergence among its three components, signaling an upcoming shift in trend strength. The DMI includes:
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+DI (Positive Directional Index): 22.54 (blue)
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–DI (Negative Directional Index): 22.43 (red)
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ADX (Average Directional Index): 21.86 (orange)
On July 7, 2025, the +DI line crossed slightly above the –DI line, suggesting that bullish pressure is starting to outweigh bearish sentiment. This crossover often precedes the beginning of a new upward trend—provided momentum increases.
However, the ADX line, which measures the strength of a trend regardless of direction, remains low at 21.86. This indicates that the overall trend is still weak or undecided. For confirmation of a strong move, the ADX typically needs to rise above 25.
The near-identical values between the +DI and –DI lines reflect market indecision. Yet, the upward slope of the +DI suggests that buying momentum could continue to build if volume and price align.
If the ADX starts rising while +DI holds above –DI, Dogecoin may enter a stronger bullish phase. Combined with the earlier signals from the Relative Strength Index (RSI), Stochastic Momentum Index (SMI), and bullish flag pattern, this DMI setup adds another layer of potential breakout confirmation.
