Technical analysis by MergicNet about Symbol DOGE: Buy recommendation (5/27/2025)

DOGE/XRP is currently showing signs of a potential bullish reversal after bouncing from a strong historical support zone around 0.075–0.085. The price has formed a possible higher low and is attempting to push above the 0.10 resistance level. Increasing volume at the bottom and improving structure indicate growing buying pressure.Both RSI and MACD suggest early bullish momentum. RSI appears to be recovering from oversold conditions, and MACD likely shows a recent bullish crossover. If price breaks and holds above 0.12, it could open the way toward 0.16 and 0.21. A failure to break resistance, however, could result in another retest of lower support.