Dogecoin price (DOGE) rebounds from a two-week low, up almost 3.0% near $0.1375 early Monday amid broad crypto market consolidation after a mixed week.
Also read: Crypto Weekly Price Prediction: BTC, XRP Stall, ETH Edges Up,Key U.S. Data Eyed!
The popular memecoin’s latest gains could be tied to its U-turn from an eight-month-old horizontal support zone, which also comprises the lower Bollinger Band (BB), amid the oversold stochastic momentum indicator.
Adding strength to the DOGE recovery is an upbeat trading volume and commensurate improvement in the market capitalization (market cap). That said, Dogecoin’s daily trading volume hits a three-day high of $1.0 billion, while the market cap improves from the lowest level in five days to $23.03 by press time, according to Santiment.
Still, Dogecoin price suffers its third consecutive monthly loss and looks vulnerable to posting over a 50% loss for 2025.
Notably, strong support and the stochastic conditions could restrict the memecoin’s further downside amid a likely inaction during the final days of 2025.
Can the DOGE consolidation manage to cross the key $0.1650 hurdle? Read Here!
Dogecoin Price: Daily Chart Portrays Consolidation
Dogecoin price recovers from an eight-month-old horizontal support region surrounding $0.1300-$0.1330, which also includes the lower BB. The DOGE’s rebound also gains support from the nearly oversold conditions of the stochastic momentum indicator, close to the 20.00 oversold limit.
Still, the memecoin maintains a three-week-old consolidation pattern and rejects the bullish bias unless it crosses the monthly high of $0.1538.
That said, the middle Bollinger Band (BB) near $0.1440 may offer immediate resistance to the DOGE price before the monthly top and the higher BB of $0.1562.
Above all, a downward-sloping resistance line from mid-September, close to $0.1650, appears to be a tough nut to crack for the Dogecoin buyers before gaining full control
Even so, the 200-day Exponential Moving Average (EMA) of $0.1942 can act as the final line of defense for the DOGE bears.
Alternatively, the aforementioned $0.1330-$0.1300 support region is likely to restrict DOGE’s downside for the rest of 2025 unless it witnesses any sharp moves.
Should the Dogecoin price offer a daily closing below the $0.1300 mark, it becomes vulnerable to slump toward the yearly low of $0.0964, with the $0.1200, the $0.1100, and the $0.1000 psychological thresholds likely acting as intermediate halts.
Dogecoin Price: Four-Hour Chart Suggests Short-Term Recovery Momentum
On the four-hour chart, the Dogecoin price bounces off immediate support near the $0.1330-20 area. The U-turn in price also justifies the upbeat stochastic line, currently heading towards the 80.00 upper limit and suggesting a strong recovery momentum for the short-term.
With this, the DOGE is likely to approach the 200-bar EMA hurdle of $0.1512 before eyeing the two-month resistance line surrounding $0.1650. Beyond that, the daily chart’s higher levels should gain the Dogecoin buyer’s attention.
On the flip side, a clear break of the immediate support zone near $0.1330-$0.1320 could drag the Dogecoin price to the $0.1300 threshold.
However, the memecoin’s further downside could direct the DOGE bears toward the yearly low of $0.0964, along with the deeper levels discussed on the daily chart.
