Coinidol.com: Dogecoin’s price has resumed its downward movement following a rejection at the recent high.
DOGE price long-term prediction: bearish
On October 10, the cryptocurrency fell to a low of $0.083. Bulls bought the dip and pushed the price above the $0.18 support. DOGE’s price corrected upwards but was capped at the $0.22 high.
On the downside, if negative momentum breaks through the $0.18 support, DOGE could fall to a low of $0.133, or the 2.0 Fibonacci extension. If the current support at $0.18 holds, DOGE will likely trade in a range below its previous high. Today, DOGE is valued at $0.1867.
Technical indicators
Dogecoin indicator reading
The 21-day and 50-day SMAs are sloping downwards, indicating a downtrend. The 21-day SMA acts as the resistance line and is below the 50-day SMA support. On the 4-hour chart, the moving average lines are horizontal, indicating a sideways trend above the $0.17 support.
DOGE/USD daily chart – October 17, 2025
What is the next direction for Dogecoin?
DOGE’s price has stalled above the $0.17 barrier and has begun moving sideways above the current support. The altcoin is now trading above the $0.17 support and below the $0.22 high.
Meanwhile, the cryptocurrency signal remains negative, according to the price projection.
DOGE/USD 4-hour chart – October 17, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/doge-pauses-but-risks/
