Currencies38131
Market Cap$ 2.27T-0.48%
24h Spot Volume$ 18.77B-22.1%
DominanceBTC56.49%+0.18%ETH9.59%+0.87%
ETH Gas0.06 Gwei
Cryptorank
/

Dogecoin Price Prediction: Bulls Fight for 10 Cents as $1 Target Reappears


Dogecoin Price Prediction: Bulls Fight for 10 Cents as $1 Target Reappears

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Dogecoin is testing the key 10-cent level after a rejection from weekly Fibonacci resistance. At the same time, another long-term chart shows a rounded recovery setup, with $0.278 as the first major breakout target before any move toward $1

Dogecoin Price Tests 10-Cent Support After 0.618 Fib Rejection

Dogecoin price is pulling back after hitting the 0.618 Fibonacci level near $0.11825 on the weekly chart shared by Surf on X.

The DOGE chart shows price moved higher from the lower support zone near $0.08063, which marks the 0.786 Fib level. After that bounce, Dogecoin climbed toward the 0.618 Fib resistance but failed to hold above it.

DOGE/USD Weekly Price Chart. Source: Surf on X

DOGE is now trading near $0.10429, close to the key $0.10 level. Surf marked this area as the main level to watch after the recent correction.

The chart shows the $0.10 zone has acted as a major mid-range level before. If Dogecoin holds above it, the current move can still look like a healthy pullback after the Fib rejection.

However, a weekly close below $0.10 would weaken the setup. It would bring the lower Fib support near $0.08063 back into focus.

The descending trendline from the previous highs has already been broken. That gives bulls some structure, but DOGE still needs to reclaim the $0.11825 level to show stronger upside.

For now, Dogecoin remains between two important areas. The $0.10 level is short-term support, while $0.11825 is the next resistance level DOGE needs to clear.

Dogecoin Chart Shows $0.278 Breakout Target Before $1 Call

Dogecoin is forming a rounded recovery setup on the weekly Coinbase chart shared by Celal Kucuker on X, with the first major upside target marked near $0.27855.

The DOGE/USDC chart shows price holding above the lower support zone near $0.08779. This area acts as the base of the current structure after Dogecoin’s long decline from its previous highs.

DOGE/USDC Weekly Price Chart. Source: Celal Kucuker on X

The chart also shows a curved accumulation pattern under a major resistance zone near $0.27855. That level has blocked price before, so DOGE needs a weekly breakout above it to confirm stronger upside.

Celal Kucuker also marked a larger move toward $1.0001. However, that target depends on DOGE first clearing the $0.27855 resistance area and holding above it.

The chart suggests a staged move. First, DOGE needs to keep support above the lower range. Then it needs to break the mid-range resistance near $0.27855. Only after that would the $1 target become more relevant.

For now, the setup shows recovery structure, not confirmation. Dogecoin remains below the main breakout level, so the $0.27855 zone is the first key level before any larger move toward $1.

Read the article at Coinpaper

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share: