Dogecoin (DOGE) Price Prediction: Bearish Trend Persists as $0.18 Support Wobbles

DOGE is currently trading below the $0.20 mark and continues to show weakness in the short term. The price has struggled to recover since the flash crash on October 10 and remains trapped in a clear downtrend. Although a brief relief rally pushed DOGE above the $0.20 resistance during the rebound, the price failed to establish support there and quickly slipped back below. The ongoing weakness across the broader market adds further pressure, keeping the risk of another correction elevated. Let’s take a look at the latest DOGE charts to see where the price could be headed next in the coming days.

Our DOGE Price Prediction Summary

• DOGE remains stuck below $0.20, showing persistent weakness as sellers keep control of short-term price action.
• The $0.18 support is under threat, and a breakdown could extend losses toward the $0.15 zone.
• Bearish divergence on the weekly chart supports the downside bias unless DOGE reclaims $0.20 with strong momentum.

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Analyzing the Dogecoin Charts

Key Support at $0.18

Looking at the 4-hour chart, DOGE is currently holding above the support level at $0.18. The $0.20 resistance remains the key barrier that must be reclaimed for any short-term trend reversal. The price has already faced rejection at this level, and although it managed to bounce again from $0.18 afterward, it is now forming a lower high. This pattern indicates weakening momentum and suggests that the $0.18 support is likely to be tested again soon. If bears maintain control, a breakdown below this level could open the way for further downside.

Rising Wedge Breakdown

Switching to the 1-day chart, the overall picture for DOGE becomes clearer. The $0.20 level stands out as a crucial zone that has acted as both strong support and resistance in recent price action. The current struggle to reclaim this level signals weakness, which in turn puts more pressure on the $0.18 support. Before the flash crash, DOGE was moving within an uptrend but had already started forming a Rising Wedge pattern on the 1-day timeframe, a structure that often leads to bearish breakouts. The price has now broken below that pattern, confirming a reversal in trend and increasing the likelihood of further downside. If the $0.18 level fails to hold, the next area of support where bulls may attempt to defend the price lies near $0.15. Combined with the broader market losing momentum, our current DOGE price prediction leans bearish in the short term.

Bearish Divergence on Weekly Timeframe

Another key observation is the bearish divergence that has formed on the 1-week chart for DOGE. This divergence has been unfolding gradually, and since it appeared, the price has reversed into a downtrend with bears targeting lower levels. However, if this bearish divergence fails to extend further and gets invalidated within the next week or two, DOGE could find room to recover and regain short-term strength.

Final Takeaway: What is Next for DOGE?

DOGE remains under pressure as the price struggles to reclaim key resistance levels and continues to form lower highs across major timeframes. The short-term outlook stays bearish as long as the $0.20 resistance holds and the $0.18 support remains vulnerable. A decisive break below $0.18 could trigger a deeper correction toward the $0.15 zone, while a recovery above $0.20 would be the first sign of potential strength returning to the market. The ongoing bearish divergence on the weekly chart reinforces the downside bias, though its invalidation could open the door for a short-term rebound. For now, the indicators point to continued weakness, and DOGE will need stronger momentum to shift the current trend in its favor.