Will $DOGE Reach 0.25 USD This Month?

Dogecoin (DOGE) — the original meme coin — continues to grow strongly due to unexpected breakouts and strong fluctuations 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 fluctuating near an important 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, examine the RSI trend, and calculate realistic upside and downside targets to see where the price of DOGE might head next. Dogecoin price prediction: What does the daily chart reveal?

The daily chart of Dogecoin price shows that DOGE has traded sideways after a significant decline from the recent high of around $0.23. The Heikin Ashi candles confirm the hesitation, with small bodies and mixed colors, often indicating a pause before a stronger directional move. The Relative Strength Index (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, sitting in a slightly bearish neutral zone. However, this slight increase suggests the possibility of an attempt to regain upward momentum if buyers enter the market. Is there strong support? Visually, the chart shows a clear support zone 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 seen from the previous local lows. Can the price of DOGE go higher? For the price of DOGE to break out, 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: Price potential = 0.23−0.165×100≈39% Breaking above $0.17 with high trading volume could confirm a reversal, attracting momentum traders back to this meme coin. RSI has bounced from 40 to 45, indicating a slight bullish divergence. If RSI breaks above 50, it will support a stronger bullish narrative. Traders should monitor this change — as RSI above 50 often signals new buying momentum. What is downside risk? If the price of Dogecoin cannot hold above the $0.15 level, it could return 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 an RSI above 50, a price increase 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 test $0.13 or even $0.10 before finding stronger bids. Traders should pay attention to the RSI, Heikin Ashi candle trends, and spikes in volume. With the history of spikes driven by DOGE hype, any major news or social media rumors could quickly push this neutral pattern towards a breakout.