Dogecoin (DOGE) saw a noticeable slip today, dropping 5.17% to $0.2272. Despite the decline, trading volume hit $2.9 billion, a jump of nearly 58% in the past 24 hours. This rise in volume, paired with a 15.15% drop over the past week, paints a picture of panic and opportunity colliding. Traders are either fleeing the dip or piling in at the low.
But this isn’t simply a slip-up. The price hangs just above the 200-day moving average, so there’s something underlying happening here. DOGE’s recent rally may be the foundation of something larger. All of it depends upon how it responds to this instant—either further decline or beginning an explosive rally.
DOGE Forms Double Bottom Breakout Pattern
Crypto analyst Jonathan Carter is targeting a double bottom breakout pattern on the daily chart. The traditional reversal pattern observes DOGE re-bounce above its neckline and off primary support. That neckline has been converted to a springboard. DOGE has been holding up well to this point, with confidence increasing with each reversal off the 200 MA.
Carter states that should DOGE maintain momentum, targets of $0.28, $0.33, and even $0.41 are realistic. Optimism like that isn’t blind faith—it’s grounded in structure. For those who believe charts rather than tweets, DOGE is beginning to look alive. It’s no longer about hype; it’s technical confirmation.
2025 Price High Set at $0.247 by Changelly
2025 DOGE predictions are not all the same, but there is a consensus that most are positive. According to DigitalCoinPrice, DOGE could cross above the $0.50 mark at year-end. They anticipate that it will advance to test all-time high $0.74 and end up at $0.46 to $0.50 support levels. Such a development will see full recovery and long-term stability.
Changelly’s data provides a more conservative picture. The site’s analysis sets up the high for 2025 at $0.247, with an average in July of around $0.241. That’s not a moonshot by any means, but still a close to 100% ROI. For risk-conscious investors, that’s a gradual climb—not a rocket ship, but a sustainable move.
