Dogecoin (DOGE) is currently trading at $0.2248, having fallen 3.5% over the past 24 hours. Trading spiked despite the fall, with a turnover of $2.6 billion. This is up 42.41% from yesterday.
The value of DOGE has been moving within $0.2249 in the past week. It is down 6.55% from recent highs. Investors are anxious since the market has mixed signals. Traders are waiting keenly for clues of recovery or depreciation.
DOGE Set for Upward Momentum
Crypt analyst Javon Marks points out that DOGE still retains higher lows. He thinks this paves the way toward a powerful breakout move. The primary target he cites is $0.6533, and it’s a level capable of generating high upward momentum.
Marks forecasts that should DOGE break through this breakout, prices can jump more than 170%. He also says that breaking above $0.6533 or higher can send the $1.25 level into play. Traders are waiting anxiously to see if Dogecoin can continue this trend upward.
Dogecoin Price Prediction 2025
DigitalCoinPrice forecasts that Dogecoin will cross the $0.49 barrier within the year. Strategists believe it will surpass its lifetime best price of $0.74 before stabilizing at around $0.45 or $0.49. They attribute this to increasing adoption and market demand.
The technical analysis of Changelly is more subdued. They are predicting a minimum of $0.193 and up to $0.246 in 2025. Average price of trade may be around $0.299. Prices may reach down to $0.222 by August 2025 before topping at $0.248. Both analyses are promising high return on investment, around 100% and 102%.