Will DOGE Reach 0.25 USD This Month?

Dogecoin — the original meme coin — continues to thrive thanks to unexpected breakouts and strong volatility driven by social media buzz and retail investor enthusiasm. As 2025 unfolds, DOGE once again tests traders' patience with a narrow range on its daily chart. With the price action hovering near a key support level, traders are now wondering: will the price of Dogecoin surprise the market with another rally or is it on the verge of breaking down to a new local low? In this analysis, we will decode the daily chart, check the RSI trend, and calculate realistic upward and downward targets to see where the price of DOGE might head next. Dogecoin Price Prediction: What Does the Daily Chart Reveal?

The daily price chart of Dogecoin shows that DOGE has been trading sideways after a significant drop from its recent high near $0.23. The Heikin Ashi candles confirm indecision, with small candle bodies and mixed colors, often indicating a pause before a stronger directional move. The RSI is currently at 44.50, with the moving average at 40.54. This indicates that the price of DOGE is neither overbought nor oversold, and is in a slightly bearish neutral zone. However, this slight increase suggests the possibility of an effort to regain upward momentum if buyers enter the market. Is There Strong Support? Visually, the chart shows a clear support area forming around $0.15–$0.16, which has held firm during the recent consolidation phase. If DOGE loses this level, the next visible support levels are $0.13 and $0.10, which can be observed from the previous local lows. Can the price of DOGE rise higher? For the price of DOGE to breakout, it needs to surpass the immediate resistance level near $0.17. If buyers push the price above this level, the next bullish target will be the swing high area near $0.23. This represents a potential increase of about 39%, calculated as follows: Potential price increase = 0.23 - 0.165 × 100 ≈ 39% The breakout above $0.17 with high trading volume could confirm a reversal, attracting momentum traders back to this meme coin. The RSI rising from 40 to 45 indicates a slight bullish divergence. If the RSI surpasses 50, it will support a stronger bullish narrative. Traders should monitor this change — as an RSI above 50 often signals new buying momentum. What is Price Down Risk? If the price of Dogecoin cannot hold the level of $0.15, it may revert to the psychological level of $0.10. This would represent a potential decrease of 39% from the current level: Potential downside = 0.165−0.10×100≈39% This means that the price of DOGE is at a crossroads, where momentum in either direction could cause significant volatility. Dogecoin Price Prediction: What Should Traders Pay Attention To? The daily price chart of Dogecoin shows a classic squeeze zone. If buyers can push above $0.17 with the RSI above 50, a rally to $0.20–0.23 is realistic in the short term. However, if sellers regain control and push the price below $0.15, DOGE could easily revisit $0.13 or even $0.10 before finding stronger bids. Traders should pay attention to the RSI, Heikin Ashi candlestick trend, and spikes in volume. With the history of spikes driven by the hype of DOGE, any major news or social rumors could quickly push this neutral pattern towards a breakout. Currently, the chart indicates that patience is needed — but the next big price move for DOGE could be imminent.