Dogecoin price prediction: After stabilizing at 0.20, will DOGE's next stop be 0.27 or 0.176?

ELON 2025-10-20 13:34 57862人围观 DOGE

Dogecoin price has rebounded to around 0.204 compared with before, showing a certain rebound compared to the sharp drop below 0.17 last week. The rally was aided by buyers successfully defending the key psychological level of 0.20, which coincides with th

The price of Dogecoin has rebounded to around 0.204 compared with before, showing a certain rebound compared with the sharp drop below 0.17 last week. The rally was aided by buyers successfully defending the key psychological level of 0.20, which coincides with the lower edge of a long-term uptrend line.
The current focus of the market is whether Dogecoin can successfully break through the resistance range of 0.228 to 0.234 - almost all major moving averages are concentrated here, forming a "pressure wall".

📈 Technical: Where are the key positions?

After forming a "symmetrical triangle" on the daily chart of Dogecoin, it is currently oscillating in the range of 0.20-0.23. Resistance levels include the 20-day moving average at 0.228 and the 50-day moving average at 0.233. The support level is 0.218-0.222 on the 100-day/200-day moving average, 0.214 on the Fibonacci level of 0.236, followed by 0.176.

Target: If it breaks through, the next resistance is 0.266 and 0.308. RSI: 47, neutral to above, selling pressure has weakened, but market confidence is still insufficient. Price is about to choose a direction.

💰 On-chain funds: Someone is quietly buying

Data shows that Dogecoin had a net outflow of approximately US$15.1 million from the exchange on October 15, indicating moderate accumulation around US$0.20.

Since August, Dogecoin has continued to flow out of exchanges, and long-term holders tend to wait and see. However, capital inflows are insufficient and market sentiment is cautious. Analysts said that Dogecoin needs more spot buying and futures activity to continue to rebound, with 0.23-0.25 being the resistance range.

🏦 Major benefits: the birth of the first institutional-level platform

Fundamentally, the Dogecoin ecology has ushered in a major upgrade: "Dog House" merged with Nasdaq-listed Brag House Holdings to create a public trading platform that integrates digital payments, tokenization, gaming and revenue strategies, with support from more than US$50 million in capital and 837 million DOGE reserves.

The platform cooperates with institutions such as 21Shares and Robinhood to launch regulated ETP products, fund management and custody services. This enhances Dogecoin’s institutional appeal and marks an important turning point from a “meme coin” to a financial asset with market infrastructure.

🧭What to watch next?

If it rises: A close above 0.23–0.24 would confirm the short-term bullish trend, with the next target likely to be 0.27.

If it falls: If it falls below 0.20, it may further test 0.176, which is also the area where the rising trend line since March coincides with the key Fibonacci support.

Signals to watch: Can the RSI break above 50 (enhancing bullish expectations), or fall below 40 (indicating new downward pressure).

✅ The key trends of Dogecoin in October:

Whether the 0.20 support can be held depends on the institutional optimism brought by the "Dog House". It needs to break through the 0.23-0.24 resistance to confirm the upward trend. If capital inflows increase and RSI strengthens, it may test 0.27 at the end of the month ； If it falls below 0.20, it may pull back to 0.176. The market is currently volatile and slightly bullish.

The market is changing rapidly, and the specific entry and exit points are determined based on the real-time market conditions. If the position is broken, just follow the trend! No matter how confident you are about the market, please strictly implement the stop-profit and stop-loss strategy! That’s all for today! Follow me and I will help you penetrate the fog of the currency circle and seize the bull market’s magic coin!

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