Dogecoin is making waves again. At the time of writing, DOGE is trading at $0.2062, marking a daily jump of 3.96%. Over the last 24 hours, its trading volume soared to $2.49 billion, a massive 81.22% surge. These numbers have caught the market’s attention, with short-term traders locking in quick profits and long-term holders watching for bigger moves.
DOGE jumped 20.6% in the last week, revealing good short-term momentum. Prices accelerated after a breakout through $0.17, reaching the $0.20 region. The next focal point is the resistance at $0.22, which corresponds to the 200-day simple moving average. If DOGE can hold through the critical region, then the next destination is predicted as $0.25, which is a 15% lift from present prices.
Bullish Momentum Builds for Dogecoin
CoinCodeCap analysts suggest DOGE is in a “breakout reversal” phase. Momentum remains bullish, supported by a MACD crossover that occurred 27 days ago. While the Relative Strength Index (RSI) stays neutral, that only means more room to run. DOGE could either surge past resistance or fall back to reload near $0.17.
Support levels are clear at $0.15 and $0.14. These could serve as safety nets if price dips occur. On the resistance front, the key points are $0.22 and $0.25. Medium-term outlook remains neutral, but long-term projections stay strongly bullish. Short-term trend? Upward—and fast.
DOGE Price Prediction for 2025
According to DigitalCoinPrice, DOGE may touch $0.45 by the end of 2025. Earlier this year, it reached $0.42 before falling below $0.31—a move not seen since 2021. Experts think this drop was a healthy correction. Now, bulls expect it to climb again, potentially testing its all-time high of $0.74.
Changelly offers the more cautious outlook. The peak in 2025 at $0.215, an average for the year at $0.255. July alone, we are in for a range in the region of $0.189 to $0.221. Nevertheless, the pending gains hover at 80.3%, and DOGE remains an attractive proposition for risk-taking investors. As ever, a coin as much driven by sentiment as by the charts.