The current price is around $0.2311.
Market cap around $34.29 billion (ranked 9).
Trading volume $3.71 billion (+56% daily).
Q3 2025 performance: +53%, broke a downward trend that lasted for 6 years.
Whale Activity: Accumulating 800 million coins in 48 hours.
Forecasts may reach $0.30-0.35 if it breaks $0.27 and long-term forecasts may reach $2.74-6.24 if momentum continues.
Technical Analysis:
The trend is bullish within a rising parallel channel.
Support and Resistance:
Support: $0.18 major support and $0.15 secondary support.
Resistance: $0.27 critical resistance and $0.30 psychological resistance.
Technical Indicators:
Moving Averages: Golden cross (50 DMA above 200 DMA), dynamic support at $0.20.
RSI: Around 65 (bullish momentum, not overbought >70)
MACD: Bullish crossover, supports the upward trend.
Trading volume: High ($2.83 billion open positions)
Patterns: Ascending channel, potential breakout at $0.27 or correction if it fails (potential ascending wedge pattern).
Scenarios:
Bullish if it breaks $0.27 targeting $0.30-0.35 short-term and $0.50 long-term.
Bearish if it drops below $0.18, it may reach $0.15.
Recommendations:
Entry on breakout at $0.27 with high volume or rebound from $0.18.
Stop loss below $0.18 long-term or $0.20 short-term.
Targets
Target $0.30
Second target $0.35
Notes:
Dogecoin enjoys strong community support (especially from Elon Musk via X).
Correlation with Bitcoin movement and the overall market.
If you've reached here, please follow me so I can continue to share more analyses and the latest news on the crypto market 📌💹
$DOGE #CryptoIn401k #BinanceSquareTalks #BinanceSquareFamily $DOGE $DOGE #Dogecoin #DOGE冲冲冲