As of June 1, 2025, Dogecoin (DOGE) is trading at approximately $0.1948, reflecting a modest decline of 2.9% over the past 24 hours. The day's trading range has seen a high of $0.2006 and a low of $0.1864.
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📊 Support and Resistance Levels
Support Levels:
$0.1900–$0.1950: This $DOGE zone aligns with the 0.5–0.618 Fibonacci retracement levels and prior breakout points from April, making it a crucial demand area.
$0.1790: Corresponds to the 0.618 Fibonacci level, serving as a significant support if the price dips further.
$0.1660: Represents a longer-term trendline support, critical for maintaining the broader bullish structure.
Resistance Levels:
$0.2100: Immediate resistance; overcoming this could pave the way for further gains.
$0.2215–$0.2310: A significant resistance band; breaking above this could indicate a bullish reversal.
$0.2535: A major resistance level; surpassing this could signal a strong bullish trend.
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🔮 Price Predictions
Short-Term (June 2025):
Analysts suggest that $DOGE may trade between $0.1907 and $0.1932 in the coming days, with a potential increase to $0.2273 by the end of June, assuming no significant market disruptions.
Mid-Term (Q2 2025):
Should Dogecoin clear the $0.2310 resistance zone, it may move toward $0.2535 in June, supported by strong on-chain activity and institutional interest.
Long-Term (End of 2025):
Forecasts vary, with some analysts predicting $DOGE could reach between $0.165 and $0.78, depending on market sentiment and macroeconomic factors.
