Dogecoin (DOGE) Price: Tests $0.17 Key Support Zone. Time To Buy?

TLDR

• Dogecoin has been trading between $0.17 and $0.21 since October 11th, 2025, showing range-bound price movement
• Traders identify $0.21 as key resistance and $0.18 as key support level for short-term trading opportunities
• Analyst Ali_Charts suggests $0.18 is a strong buy-the-dip zone with potential targets of $0.26 or $0.33
• DOGE has been trading below its 200-day simple moving average since October 10th and currently sits at $0.1827
• Long-term analysis shows Dogecoin has respected a multi-month trendline since July 2023, bouncing sharply each time it tests this level

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Dogecoin price has been trading sideways between $0.17 and $0.21 since October 11th, 2025. This follows a major deleveraging event on October 10th that triggered over $19 billion in liquidations across the crypto market.

Dogecoin (DOGE) Price

The memecoin currently trades at $0.1827, just $0.01 above its opening price for the day. Trading volume has dropped 21% intraday to $873.1 million, with weekend activity typically showing lower numbers.

Before the October 10th event, DOGE moved between $0.23 and $0.27 over nine days. Since February 3rd, 2025, the cryptocurrency has largely traded within a broader range of $0.12986 to $0.3684.

Crypto trader Sjuul identified the current pattern as “clean range-bound price action” on the 12-hour chart. The trader pointed to $0.21 as a key resistance level and $0.18 as the main support.

This range-bound movement has created opportunities for traders looking to exploit the volatility. The strategy involves buying near support levels and selling near resistance points.

Short-Term Price Targets

Analyst Ali_Charts described $0.18 as a “strong buy-the-dip zone” in a widely read post on X. The analyst projects potential moves to $0.26 or $0.33 if the current range holds.

Buy-the-dip refers to purchasing a cryptocurrency when its price drops to lower levels. Ali has shared the same chart analysis twice, suggesting confidence in these price projections.

The daily relative strength index stands at 38.9, below its moving average line of 41.6. This reading typically indicates the cryptocurrency is slightly oversold at current price levels.

Both Sjuul and Ali used short-term time frames for their analysis. Sjuul examined the 12-hour chart while Ali focused on the 1-day chart.

The day’s candle was red at press time, with DOGE losing $1.51 over the previous 24 hours. These technical indicators provide traders with data points for making decisions.

Long-Term Trendline Analysis

Analyst STEPH IS CRYPTO examined DOGE on a 3-day time frame chart. The analysis showed five different instances when DOGE tested a multi-month trendline since July 2023.

Each time the memecoin touched this trendline, it bounced sharply upward. This pattern suggests DOGE respects this technical level over extended periods.

If Dogecoin continues following this trendline, it could reach the $0.26 to $0.33 targets outlined by Ali_Charts. The trendline provides a technical foundation for these price projections.

DOGE currently trades below its 200-day simple moving average of $0.20939. The cryptocurrency has remained under this level since October 10th, testing it twice during that period.

The 200-day SMA has been moving sideways with a slight upward tilt since early September. Crossing above this level could signal a potential uptrend, though confirmation strength would be moderate.

Analyst Trader Tardigrade recently compared current price behavior to Dogecoin’s first major bull run. The comparison examined a two-month chart showing symmetrical triangle patterns.

Between early 2016 and early 2017, Dogecoin moved within a similar triangle before breaking out. That breakout led to a 6,366% rally from $0.0003 to $0.0194 in January 2018.

The current formation began in late 2024 and mirrors the earlier setup. Prices are now tightening inside the triangle pattern.

Tardigrade’s chart suggests a potential rise to around $3.90, representing a 2,066% gain from current levels. Volume oscillator reading on TradingView shows -24.1% for the memecoin.

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