Dogecoin (DOGE) Price Prediction: Testing Critical Support as Downtrend Persists

DOGE is currently trading just below the $0.10 mark and is attempting to build momentum on the lower timeframes. Following the recent market sell-off, DOGE has found support in the $0.090 to $0.095 region and is now working to establish a bounce from this zone. The wider crypto market has been taking a breather over the past week and DOGE has followed suit with slower price action as selling pressure begins to ease. This exhaustion from bears opens the door for bulls to potentially push for a short-term relief rally. However, the broader trend remains firmly bearish and momentum has been hard to come by, making any recovery attempt challenging at this stage. Let's take a closer look at the latest DOGE charts to see where the price could be headed in the coming days.

Our DOGE Price Prediction Summary

• DOGE is consolidating between $0.090 and $0.12 in the short term with momentum remaining weak despite a brief relief rally.
• The downtrend on the daily timeframe remains intact since October with price continuing to print lower highs.
• DOGE is testing critical weekly support at $0.095 and a breakdown below this level could bring $0.055 into play.

Analyzing the Charts

Short Term Relief Lacks Follow-Through

Looking at the 4-hour chart, DOGE has established solid support in the $0.090 to $0.095 region and managed to stage a relief rally from here, nearly retesting the resistance at the $0.12 level. However, price quickly lost steam following this bounce and has since pulled back to retest the $0.095 support zone. This price action shows that despite the exhaustion from the recent sell-off, momentum remains elusive and bears are still largely in control. The immediate resistance to watch is the $0.10 mark, and a break above this level would likely see DOGE consolidate sideways between $0.090 and $0.12 in the short term as the market continues to digest recent losses.

Bearish Structure Dominates Daily Timeframe

Switching to the 1-day timeframe, it becomes clear that DOGE remains in a prolonged downtrend as price continues to print lower highs, establishing a descending trendline resistance that dates back to the sell-off last October. Following the recent drop, a clear support zone has formed between $0.090 and $0.095, and given how the overall crypto market and Bitcoin are currently behaving, short term consolidation appears to be the most likely scenario in the coming weeks. That said, the risk of further downside in the midterm remains high. If price does break below current support, the next critical level to watch sits at the $0.075 mark. For now, our broader DOGE price prediction continues to lean toward the bearish side.

Testing Major Weekly Support

The 1-week chart shows that DOGE is now testing a major support level around $0.095, the same zone that marked the bottom during the 2024 correction. This makes it a critical level for DOGE as holding this support is essential for bulls to prevent further damage. A breakdown below this zone would open the door to much deeper losses, potentially bringing the $0.055 level into play over the coming weeks or months. However, the significance of this support area also works in favor of bulls who will likely defend it aggressively. This could lead to either a short-term relief rally or an extended consolidation phase as the market decides whether this level will hold or give way.

Final Takeaway: What is Next for DOGE?

DOGE remains under pressure across all timeframes with the overall trend continuing to favor the bears. In the short term, price is likely to consolidate between $0.090 and $0.12 following a brief relief rally that quickly lost momentum. The daily chart shows a persistent downtrend dating back to October with lower highs continuing to form, suggesting the bearish structure remains firmly in place. On the weekly timeframe, DOGE is testing the critical $0.095 support level that previously held during the 2024 correction, and a breakdown below this zone could bring the $0.055 level into play. While bulls may attempt to defend current support levels and stage some short-term relief, the broader technical picture remains weak and our outlook for DOGE continues to lean toward the bearish side.