Dogecoin Price Prediction: DOGE Hits the Wall as Meme Coin Hype Cools Off

By Afe Funbi

Kraken

Key highlights:

  • Dogecoin is stuck in the $0.08–$0.13 range right now, and the next breakout will probably decide where it heads next.
  • After bouncing off the $0.08 low, things look a bit healthier, but the market still feels shaky and meme coins are struggling to attract buyers.
  • If DOGE can finally push above $0.13, the next major level to watch is the daily 200MA zone, which could act as the next upside target.

Dogecoin just dropped about 12% in the last 24 hours, sitting near $0.102, and it’s once again falling harder than the rest of the market. Bitcoin dipped too, but the DOGE price got hit more aggressively, which usually happens when traders start backing away from the riskier meme coin corner of crypto.

This doesn’t really look like something unique to Dogecoin. It feels more like a broader mood shift across the market. When fear shows up again, meme coins are often the first ones people stop chasing. 

The DOGE price is still stuck inside a big range

One of the most important points from Daan Crypto Trades’ chart is that Dogecoin hasn’t actually escaped its larger range yet. It’s been bouncing between roughly $0.08 and $0.13 for a while now.

That big dip into $0.08 last week was a major test, and buyers did step in fast. DOGE rebounded strongly off that level, but it still hasn’t done enough to break out of the range completely.

At the moment, the DOGE price is basically sitting in the middle of that zone, which makes it tricky. It’s not at support, not at resistance, and not really giving a clean signal yet.

DOGE short-term chart shows some life, but bulls need more

On the shorter timeframe, DOGE did manage to break above a small downtrend line, which sparked a quick upside move. That kind of breakout is usually how meme coin rallies start when sentiment flips back to risk-on.

But the issue is follow-through. The move happened quickly, and then DOGE started fading again, which tells us buyers still aren’t fully stepping in with conviction.

That’s why traders like DrBullZeus are starting to ask if “DOGE season” is coming back. The setup is getting interesting, but the market hasn’t confirmed anything yet.

Where the DOGE price could go next

At this point, the chart levels are pretty clear. The $0.10 zone is the big psychological floor. If the DOGE price can hold above it, the most likely outcome is more sideways consolidation.

If it loses that level, then $0.095 becomes the next downside area to watch, and below that, DOGE could easily slide back toward the deeper $0.08 support zone again.

On the upside, $0.13 is still the line that matters most. A clean breakout above that would be the first real sign that Dogecoin could push toward the daily 200MA, which sits higher as the next major target.

Dogecoin isn’t collapsing, but it’s also not in full meme-mania mode right now. The DOGE price is still trapped in a range, and the broader market is trading cautiously with fear still high. For bulls, the job is simple: defend $0.10, rebuild momentum, and eventually reclaim $0.13. 

CoinCodex’s 1-month DOGE price prediction sees the token drifting toward $0.1177 in the near term. That would keep Dogecoin hovering inside its current range, with bulls still needing a clean breakout above resistance to unlock a stronger move.

Source:: Dogecoin Price Prediction: DOGE Hits the Wall as Meme Coin Hype Cools Off