Key conclusions:
Dogecoin’s (DOGE) 7.5% rally from local lows below $0.18 appears to be cooling, but traders believe DOGE remains on track to “continue its uptrend” towards higher targets in 2025.
Several data points suggest what needs to happen for Dogecoin to increase its potential to break out of the consolidation in the coming days or weeks.
Dogecoin needs to break the $0.20 resistance
Dogecoin’s bullish case hinges on its DOGE/USD pair turning 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 he said in a recent post on X, adding:
“A clear break above $0.20 is needed to signal a trend reversal. Watch that level!”
This level is aligned with the 200-day simple moving average (SMA), as shown in the chart below.
Glassnode’s distribution heatmap shows a significant supply cluster centered around the $0.20-$0.21 area, where nearly 24.9 billion DOGE were recently acquired, highlighting 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.
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As reported by Cointelegraph, if the 20-day EMA, currently at $0.22, is broken, it will suggest that selling pressure is easing. If this happens, DOGA price could climb to the 50-day SMA ($0.23) and later to the firm overhead resistance at $0.29.
DOGE must confirm the breakout of the symmetrical triangle
Data from Cointelegraph Markets Pro and TradingView shows DOGE trading within a symmetrical triangle on a four-hour time frame, as shown in the chart below.
The price needs to close above the upper triangle trendline at $0.20 to confirm a bullish breakout, with a measured target of $0.246.
Such a move would bring total gains up to 25% from current levels.
“Dogecoin continues its uptrend after breaking out of a bearish wedge” on the 4-hour chart, he said analyst Trader Tardigrade in a note on Friday on X.
The measured target of the falling wedge is $0.216, which represents a short-term price upside of 6.5%.
Fellow analyst Bitcoinsensus made an ambitious analysis, saying that “Doge could see prices of $5 to $7” if it follows a similar market structure to that seen in previous cycles.
$DOGE MONTHLY MACRO CYCLE 📐📈
Could $7 be next in this cycle?
Looking at past price history #Dogecoinit always followed the same market structure, ending with a big move at the end of the cycle. 💥
If we repeated the same book, 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 do their own research when making a decision.
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