Dogecoin Surges Above $0.15 as Ethereum Rises 8%, Sparking Bullish Momentum in Memecoins
Dogecoin surged above $0.15 on December 9, 2025, following an 8% rise in Ethereum that signaled a momentum shift in the memecoin sector. DOGE broke resistance around $0.1424 and reached as high as $0.1522 on a volume of 1.75 billion, with midpoint support near $0.1463. The total session range expanded to $0.0132, representing an 8.7% increase, with price making higher lows despite a cooling in volume.
The technical setup shows a break above a descending trendline, reversing a short-term bearish structure. A consolidation band has formed around $0.1509–$0.1513, with a key breakout level at $0.1550 and a psychological pivot point at $0.1500. Traders are watching for a clean retest and hold above $0.1500, but another volume expansion is needed to test the $0.1550 resistance. A drop below $0.1424 would risk invalidating the bullish setup.
This movement appears largely technical and positioning-driven amid broader risk-on flows rather than driven by token-specific catalysts. DOGE flows were influenced by general relief buying tied to ETF headlines that remain focused on Bitcoin and Ethereum, with the Ether rally contributing to a wider market uplift and targeted buying in the meme-coin sector.