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The Dogecoin price has pumped 3% in the last 24 hours to trade at $0.1992 as of 6:34 a.m. EST as investors start to buy into the meme coin again.
The uptick in the DOGE price comes as Tesla CEO Elon Musk says he regrets some of the anti-Trump posts he made on his social media platform X in the last week.
”They went too far,” he said.
I regret some of my posts about President @realDonaldTrump last week. They went too far.
— Elon Musk (@elonmusk) June 11, 2025
Dogecoin Price Forms A Bullish Triangle Pattern, Will It Surge?
Daily chart for DOGE/USD (Source: GeckoTerminal)
A rising triangle pattern has emerged on the daily chart for the Dogecoin price following a series of higher lows in the last few days, data from GeckoTerminal shows. The base of the bullish pattern is the resistance level at $0.1994. If DOGE manages to break above this barrier, it could end up rising to as high as $0.2326 in the short term.
However, if the triangle pattern is invalidated and DOGE gets rejected by the base of the pattern, the Dogecoin price could end up falling to the closest support level at $0.1617. If this drop happens, it would mark a 16% retracement from the current price levels.
Dogecoin Price Backed By Growing Buyer Strength
Bullish technical signs on the daily chart suggest the Dogecoin price might continue climbing in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing positive signs.
That’s as the MACD line looks to cross above the MACD Signal line. These two lines crossing could trigger a major bullish technical flag, and could indicate that DOGE has entered a confirmed bullish phase.
Since the potential MACD cross is about to happen while DOGE tries to clear the $0.1994 barrier, it seems traders are waiting to see if the meme coin leader can overcome the technical obstacle first before they enter long positions for the crypto.
However, the rising RSI values indicate growing buyer power, which could suggest that DOGE has the backing needed to clear the $0.1994 resistance within the next 48 hours. Although technicals are flashing bullish, traders will still want to exercise caution given the volatile nature of the crypto markets.
As the Dogecoin price faces off with technical resistance, investors are also buying into the presale for a new trading bot crypto called Snorter Token (SNORT).
According to 99Bitcoins, a popular YouTube channel with over 723K subscribers, SNORT could soar 10X on launch.
Snorter Bot Turns Telegram Into A Custom Trading Dashboard
The crypto market presents multiple opportunities each day for traders and investors to potentially turn a quick profit.
But the majority of the market often misses out on these opportunities as technically savvy traders swoop in through bots before the rest of the market catches on. This is something that retail-facing Snorter Token is on track to change.
Snorter Token introduces the fastest crypto trading bot in the market, with unprecedented ease of use and ultra low fees.
What’s more, it turns users’ Telegram into a personal trading dashboard, enabling them to snipe new tokens as they emerge, perform sub-second swaps, copy other traders and monitor their portfolios in real-time, all within the messaging app.
With regards to fees, Snorter Token undercuts all of its competitors, including its biggest rivals BonkBot and Maestro, charging SNORT holders a mere 0.85%. This means Snorter Bot users can trade at a much higher frequency without it eating away at their portfolios so much.
To top it all off, Snorter Bot also comes with advanced MEV protection and honeypot scam detection. This means that anyone who uses the bot can trade without the fear of being front-run by other bots or falling victim to scam projects.
SNORT Presale Soars Towards $700k – Best Crypto To Buy Now?
Snorter Token’s presale is pulling investors in at a rapid pace. So far, more than $648K has been pumped into the project’s ongoing ICO, signaling strong investor confidence in SNORT’s future.
Interested investors can participate in the presale by purchasing SNORT tokens via the easy-to-use widget embedded on the project’s website. Selling for $0.0949, SNORT can be bought with either crypto or bank card. Tokens can also be staked for a huge 467% annual return.
Anyone looking to lock in the best presale deal will want to act fast because SNORT’s price will undergo a series of staged presale increases as the ICO progresses. The next presale price hike is scheduled to take place in less than 2 days.
Visit the Snorter Token website.
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