Dogecoin Price Holds Steady as Key Metric Turns Positive
Dogecoin (DOGE) is currently trading at $0.15 as bullish investors aim to maintain price levels amidst recent market volatility. A successful breakout above $0.18 could trigger significant gains, with target prices of $0.30 and $0.50 within reach if bullish momentum builds in the memecoin sector.
Current Market Conditions for Dogecoin
The price of Dogecoin has shown signs of potential reversal, with bulls defending the $0.15 threshold. This comes against the backdrop of a key on-chain metric turning positive, signaling a possible shift in momentum for the popular memecoin.
However, the overall cryptocurrency market remains bearish, with sentiment declining sharply alongside significant price drops. As a result, DOGE might face renewed selling pressure.
Similarly, analysts have expressed concerns regarding leading altcoins such as XRP, Solana, and Chainlink, which are also struggling. Bitcoin is holding steady at $91,500 as ETF spot outflows surge.
Dogecoin’s Price: Bulls Target a Rebound
While top altcoins are battling to maintain critical price points, Dogecoin’s price movements reflect this challenging trajectory. The memecoin has encountered significant resistance after surpassing $0.18 on November 11, 2025, and dipped to just below $0.15 on November 17, extending losses from the $0.30 mark.
The $0.15 level is a notable supply and demand zone over the past several months, representing a key hurdle that bulls need to overcome. Nevertheless, the support currently being found at this level coincides with bulls holding onto a crucial support line established in a broader wedge pattern.
Positive Exchange Flows for DOGE
Notably, analyst Ali has observed a shift in Dogecoin’s net position on exchanges. According to Glassnode’s data, the supply of DOGE on trading platforms has recently turned positive. Historical data suggests that such shifts often precede marked recoveries for the altcoin.
This change comes while DOGE hovers around the $0.15 mark, inching closer to the $0.20 threshold. As suggested by the analyst, potential accumulation could set the stage for a bullish price reversal.
Dogecoin Price Prediction
Since bearish trends emerged at the $0.30 level, a multi-month supply and demand zone, prices have maintained stability around $0.15. This level is considered a critical floor for bulls within the broader wedge formation. The daily RSI stands at 39, indicating it is below the oversold threshold, which points to a possible reversal.
Additionally, the MACD supports buyers with a bullish crossover signal. If buyers can push past $0.18, new gains could see prices break through $0.30 and eventually reach $0.50.
DOGE could lead a resurgence in the memecoins sector, though losses below $0.15 may increase selling pressure. Ali notes that bulls have accumulated over 27.4 billion DOGE at the $0.08 price level, making this a significant support level if the price drops below $0.10.
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