Dogecoin Price Bounces But Peaks At $0.26

Dogecoin's price has maintained its bullish ascent above the moving average lines since the surge on October 1. DOGE price analysis by Coinidol.com.

Dogecoin price long-term prediction: bullish

On October 1, the positive momentum peaked at $0.26 but did not continue to rise. The cryptocurrency price fell, retested the 21-day SMA support, then resumed its upward trend. On the upside, if buyers surpass the current barrier, DOGE will reach a high of $0.30.

However, the bullish scenario would be negated if the altcoin falls from its recent high and breaks below the 21-day SMA support. DOGE would then drop to lows of $0.24 and $0.22. At the time of writing, DOGE is trading at $0.22125.

Technical indicators

• Resistance levels: $0.45 and $0.50 

• Support levels: $0.30 and $0.25

DOGE price indicators reading

Following the October 2 bounce, the cryptocurrency price bars have risen above the moving average lines. The moving average lines on both charts are sloping upwards. The 21-day SMA is above the 50-day SMA, indicating a bullish trend. Doji candlesticks are slowing the price movement.

DOGE/USD daily chart - October 7, 2025

What is the next direction for DOGE?

DOGE is trading above its moving average lines. During the bullish trend zone, the cryptocurrency asset will seek to rise. On the 4-hour chart, the bullish momentum has peaked around $0.26. DOGE is currently trading above the moving average lines but below the $0.27 barrier.

DOGE/USD 4-hours chart - October 7, 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.