Dogecoin is under pressure. Its current price sits at $0.2367, a 5.46% decline in the last 24 hours. This fall contrasts sharply with a surge in trading volume, now standing at $5.4 billion — a rise of 64.75%. Traders are clearly active, but price action remains bearish for now. The last seven days, however, tell a more optimistic story: DOGE is up 9.72%, showing signs of potential recovery.
According to CoinCodeCap Trading, DOGE recently broke past its 200-day simple moving average, crossing $0.22. That move confirmed a short-term trend reversal. Yet, the rally seems to be slowing. The Relative Strength Index (RSI) remains in a neutral zone between 30 and 70. Momentum, once strong, now shows signs of weakness. The MACD histogram is shrinking — a warning to bulls.
Short-Term Trend Remains Bullish
Resistance now looms near $0.25, with stronger barriers expected at $0.30. On the downside, support holds at $0.20, then $0.17. Traders are watching closely. Any rejection near $0.25 could lead to quick dips. But if DOGE clears this level, a run toward $0.30 may follow. Price action around these key zones will define short-term direction.
Despite the recent cooling, the trend remains bullish in both the short and medium term. However, long-term charts suggest a downtrend is still in place. Volatility is back, and so are big expectations. Traders looking for re-entry may find opportunities if the price returns to the $0.20 level. Patience could pay off — or cost dearly.
DOGE Momentum May Trigger Surprise Rally
DOGE will hit $0.52 by year-end, predicts DigitalCoinPrice. That’s a big surge from levels currently. It even touched $0.42 in early 2025 before declining to below $0.31 — lowest such fall since 2021. Big players in the industry assume DOGE to break its all-time high of $0.74 and end up between $0.47 to $0.52.
Changelly analysts share their view. In July 2025, they foresee DOGE trading between $0.256 and $0.267. The mean forecast is $0.262 with a 117.8% gain. In August 2025, it might go down to a low of $0.238 but hit a high of $0.339. That would be a potential 176.5% ROI. If the momentum replenishes itself, DOGE might still spring a surprise.
