Key takeaways:
Dogecoin’s (DOGE) 7.5% rally from its local lows below $0.18 appears to be cooling off, but traders believe DOGE remains on track to “continue its uptrend” toward higher targets in 2025.
Several data points suggest what must happen for Dogecoin to increase its potential to break out of consolidation in the coming days or weeks.
Dogecoin must crack $0.20 resistance
Dogecoin’s bullish case hinges on its DOGE/USD pair flipping the resistance between $0.20 and $0.22 into support.
“DOGE is currently consolidating near $0.19 after a significant pullback,” crypto analyst HODL Gentleman said in a recent post on X, adding:
“A clear break above $0.20 is needed to signal a trend reversal. Keep an eye on that level!”
This level aligns with the 200-day simple moving average (SMA), as shown in the chart below.
The Glassnode distribution heatmap indicates that a significant cluster of supply is centered in the $0.20-$0.21 area, where nearly 24.9 billion DOGE were recently acquired, underscoring the importance of this level.
Another area of resistance is the $0.23-$0.24 range, reinforced by the 100-day and 50-day SMAs, respectively.
Related: Dogecoin’s House of Doge bets on Italian soccer underdog
As Cointelegraph reported, if the 20-day EMA, currently at $0.22, is broken, it will suggest that selling pressure is decreasing. If this happens, DOGE price could climb to the 50-day SMA ($0.23) and later to the stiff overhead resistance at $0.29.
DOGE must validate symmetrical triangle breakout
Data from Cointelegraph Markets Pro and TradingView shows DOGE trading inside a symmetrical triangle in the four-hour time frame, as shown in the chart below.
The price needs to close above the upper trendline of the triangle at $0.20 to confirm a bullish breakout, with a measured target of $0.246.
Such a move would bring the total gains to 25% from the current level.
“Dogecoin continues its uptrend after breaking out of a falling wedge” on the four-hour chart, said analyst Trader Tardigrade in a Friday post on X.
The measured target of the falling wedge is $0.216, representing a 6.5% short-term price increase.
Fellow analyst Bitcoinsensus made a more ambitious analysis, saying that “Doge could see prices as high as $5-$7” if it follows a similar market structure to that seen in previous cycles.
$DOGE MONTHLY MACRO CYCLES 📐📈
Could 7$ be next in this cycle?
Looking at previous price history on #Dogecoin, it has always followed the same market structure, finishing with a massive move at the end of the cycle. 💥
If we were to repeat the same playbook, Doge could see… pic.twitter.com/eWlrPhKHvV
— Bitcoinsensus (@Bitcoinsensus) October 16, 2025
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
