Price Analysis

Dogecoin Price Prediction: Bullish Pattern Sets DOGE To Reach $0.15

Published by
Dogecoin Price Prediction: Bullish Pattern Sets DOGE To Reach $0.15

With the growing uncertainty in the crypto market, the Dogecoin price recently turned down from the $0.11 resistance. As a result, the coin price tumbled 8-9% in the last four days and retested the $0.093 and $0.09 support. The downfall backed by decreased volume indicates a high probability of a bullish reversal, which may resume the prior recovery. 

Key points:

  • If the dogecoin price show sustainability at $0.09 support, the replenished bullish momentum may assist buyers in surpassing the $0.11 barrier.
  • A daily candle closing below $0.009 will weaken the bullish momentum
  • The 24-hour trading volume in the Dogecoin coin is $467.5 Billion, indicating a 30% loss.
Advertisement

Advertisement

Is Tesla Stock downfall affecting Dogecoin?

Historically, the DOGE  price had significantly responded to billionaire Elon Musk’s activity across this memecoin. Musk has several times supported Dogecoin through Twitter and other means, which caused a sudden price jump and volatility in the coin’s market value.

However, this Dogecoin fan has recently lost his spot as the richest man in the world after the stock price of Tesla-manufacturer of electric vehicles, witnessed aggressive selling. Over the past five days, the Tesla stock price has dropped 12.8% and currently trades at $174.

Moreover, the DOGE price also experienced a similar downfall, losing 8-9% in the last four days. These losses are evidently more than Dogecoin-competitor Shiba Inu and market leaders Bitcoin and Ethereum.

Thus, Tesla’s downfall may be one of the reasons for Dogecoin’s additional weakness.

Advertisement

Dogecoin Price Analysis

Source-Tradingview

The Dogecoin weekly chart showcase the prices are well supported by the $0.0558 mark. Using this level as a base support, the technical chart displayed the formation of a cup and handle pattern.

This bullish reversal pattern is often spotted in the market bottom and could offer early signs of a trend reversal. Furthermore, the Dogecoin price is currently trading at $0.095 and is trying to sustain above the recently breached $0.093-$0.09 mark. drive 

The restored bullish momentum from $0.09 flipped support may drive a post-retest rally of 30%, hitting $0.124. Moreover, the memecoin is currently going through the handle formation of the pattern, which may gradually lead the prices to the $0.1522 neckline.

On a contrary note, a daily candle closing below $0.074 will offset the bullish thesis.

Technical  indicator

RSI indicator: The weekly-RSI slope reentering the bullish territory indicates the market participating feels positive for Dogecoin.

EMAs: The 50 and 100 EMA slope moving near the $0.105 mark offers additional selling pressure against rising prices.

Dogecoin Price Intraday Levels

  • Spot rate: $0.096
  • Trend: Bullish
  • Volatility: Medium 
  • Resistance levels- $0.11 and $0.124
  • Support levels- $0.09 and $0.074
Advertisement

Share
Brian Bollinger

From the past 5 years I am working in Journalism. I follow the Blockchain & Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. Reach out to me at brian (at) coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump

The Ethereum price remains steady near the $3,900 level after multiple failed attempts to reclaim…

October 25, 2025
  • Price Analysis

Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates

Bitcoin price is hovering around $111,742, reflecting a 0.5% gain in the last 24 hours.…

October 25, 2025
  • Price Analysis

PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?

Pepe coin price has remained under pressure despite renewed signals of investor repositioning in the…

October 25, 2025
  • Price Analysis

HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move

HBAR price rose by 2.4% today, Oct. 24, mirroring the performance of the crypto market…

October 24, 2025
  • Price Analysis

Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK

The Chainlink price has maintained steady traction near $17.6, with on-chain accumulation strengthening investor confidence.…

October 24, 2025
  • Price Analysis

SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?

The Sui price has recently drawn investor interest after rebounding from a key demand zone,…

October 24, 2025