• Dogecoin (DOGE) trading at $0.1838, marking a 1.67% daily decline with volume up 4.09%.
• Analysts identify a support zone between $0.18–$0.16, hinting at a rebound toward $0.22–$0.24.
• Forecasts for 2025 project DOGE potentially climbing to $0.40, revisiting its prior highs.

Dogecoin (DOGE) is currently trading at $0.1838, reflecting a 1.67% drop over the past 24 hours. Despite the dip, the token’s trading volume has increased to $3.56 billion, a 4.09% rise, indicating heightened investor activity. Over the past week, DOGE’s value declined 20.6%, suggesting short-term selling pressure amid broader cryptocurrency fluctuations.

Dogecoin Correction Signals Possible Technical Rebound

According to analyst AlienOvichO, Dogecoin has entered a significant support zone between $0.18 and $0.16, historically associated with buying momentum. This level could act as a springboard for a short-term recovery toward the $0.22–$0.24 range, provided volume continues to strengthen and overall market sentiment remains stable.

Technical analysts remain cautiously optimistic about Dogecoin’s near-term outlook. The “equal legs” support zone mentioned by AlienOvichO reflects a chart pattern where symmetrical price movements often signal potential reversals. If DOGE manages to sustain above the $0.18 mark, analysts suggest a bullish phase could follow, leading to gains toward the $0.22–$0.24 target range.

This projection aligns with moderate optimism across crypto forums, where traders view the recent decline as a consolidation phase rather than a long-term downturn. Still, experts caution that volatility will likely persist, driven by speculative sentiment and macroeconomic shifts influencing digital assets.

Also Read | Dogecoin Chart Signals Possible Breakout as Investors Eye $0.30 Level

DOGE Price Prediction for 2025

According to DigitalCoinPrice, DOGE will surpass the $0.37–$0.40 range by the end of 2025, potentially retesting its previous all-time high of $0.74 if bullish momentum sustains. Analysts attribute this potential growth to expanding use cases, community engagement, and broader adoption of meme-based cryptocurrencies.

On the other hand, Changelly’s 2025 outlook offers a more conservative perspective, expecting prices between $0.205 and $0.216, with an average of $0.226 and a potential ROI of 18.7%. For October 2025, the price could range from $0.173 to $0.197, representing an 8.2% ROI.

Also Read | Dogecoin Price Prediction: DOGE Eye Explosive $7 Upside in Next Cycle