Dogecoin is trading at $0.2184, down 0.68% in the past 24 hours. The trading volume sits at $2.12 billion, showing a sharp 33.55% decline. Over the last week, DOGE has slipped 3.87%, signaling cautious movement in the market. The coin is holding steady but faces pressure from low activity.
Analysts note that investors are waiting for a decisive move. Many traders see the current dip as a cooling phase. The price has stayed near its support level without heavy selling. Market participants are closely tracking the next shift as volatility may return soon.
Failure to Hold Wedge Risks Lower Retest
Crypto analyst Jonathan Carter highlights a broadening wedge pattern. On the daily chart, DOGE is consolidating near the upper boundary. The 100-day moving average offers strong support. He suggests this setup could trigger a reversal signal if momentum builds.
Carter sets targets at $0.30, $0.36, and $0.45 if a breakout occurs. Traders are watching for volume spikes to confirm the move. A successful breakout could change sentiment quickly. If the coin fails to hold the wedge, it may test lower levels before any rebound.
DOGE Price Prediction 2025
DigitalCoinPrice forecasts DOGE to move toward $0.48 by late 2025. Analysts expect it to revisit its previous high near $0.74 before stabilizing. They predict a trading range between $0.44 and $0.48, with room for further growth. Market watchers argue that investor demand and broader crypto trends will shape this path.
Changelly presents a more cautious outlook. Their models place DOGE between $0.194 and $0.239 in 2025. The average price may hover near $0.284. For August 2025, analysts expect the coin to trade between $0.211 and $0.223. This outlook shows slower growth but still highlights a potential return of nearly 82% from current levels.
