What's Next for Dogecoin in 2025? | Credit: Hameem Sarwar
Share
Key Takeaways
Dogecoin (DOGE) trades above the $0.220 horizontal support area.
The Dogecoin price follows an ascending support trend line.
Can DOGE begin an upward trend that takes it above its cycle high?
Dogecoin is again trading inside the $0.22 area, the most critical horizontal support level in its price history.
DOGE previously broke out above it but failed to sustain the rally, creating a deviation.
Now, the price of Dogecoin has returned to the area once more, attempting to confirm it as support.
The stage is set for a significant price shift with the price action and momentum indicators at pivotal points.
Why is Dogecoin Going Up?
The Dogecoin price has increased alongside an ascending support trend line since October 2023.
While following it, Dogecoin broke out from the $0.220 horizontal resistance area and reached a high of $0.484.
Try Our Recommended Crypto Exchanges
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
While the breakout seemed legitimate, the price of Dogecoin failed to sustain it, and it returned below the area again in 2025.
Last week, Dogecoin’s price broke out above $0.220 again, and today, it is attempting to validate that as support.
If successful, the retest will validate the breakout, possibly leading to a new cycle high.
The fact that Dogecoin broke out from a descending resistance trend line (dashed) makes it more likely that the horizontal level’s reclaim will be successful.
Momentum indicators are at critical junctures. The Relative Strength Index (RSI) is slightly above 50, and the Moving Average Convergence/Divergence (MACD) is at 0.
So, the Dogecoin price prediction for the rest of 2025 leans bullish, but the trend hangs in the balance based on whether DOGE can stay above $0.220.
Dogecoin Price Analysis
The wave count does not help determine whether the DOGE price prediction is bullish since both a bullish and a bearish count are valid.
The bearish count shows a deviation above the $0.260 horizontal resistance area, marking wave C’s top in an A-B-C structure (red).
Waves A and C have the same length, increasing the likelihood that this is the correct count.
The bullish count is the exact opposite of the previous one, suggesting the price of DOGE is in the midst of a parabolic upward trend that will lead to new highs.
Dogecoin’s bullish forecast shows a 1-2/1-2 wave formation (green & black), in which Dogecoin is currently completing the second 1-2 formation.
If this is the case, DOGE will bounce at $0.198, the lowest, reaching the 0.618 Fibonacci retracement support level and the previous resistance trend line.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
