- Dogecoin stays above $0.20 support, showing resilience after October’s drop.
- A break above $0.218 could open the path to $0.252 and $0.27 highs.
- RSI and MACD indicate cautious bullish momentum building for the next move.
Dogecoin has wrapped up the week right where it started — parked above the $0.20 mark like it refuses to move. It’s not exactly stealing the spotlight among meme coins right now, but you can’t deny the resilience. After that rough drop on October 10, DOGE has managed to steady itself and even flash some quiet strength while most altcoins still look half-asleep.
With Bitcoin climbing back over $115K, the broader market is slowly waking up again, and Dogecoin seems to be tagging along. Among the bigger meme coins, it’s actually the only one showing green on the yearly chart — up about 43% over the year and 1% this week. It’s not fireworks, but it’s steady, and that might matter more right now.
Calm Before the Move
Looking at the charts, DOGE’s price action feels calm but loaded — like something’s waiting to happen. It bounced nicely off that $0.20 support zone, which has turned into a reliable safety net. Buyers are now trying to push it toward $0.218, the short-term resistance level that’s been acting like a ceiling for days. That’s where the real fight begins.
If bulls can finally crack that zone, the next target sits near $0.252 — a level that could act as a launchpad toward the $0.27 highs again. On the flip side, if $0.20 gives way, the coin could quickly slip back to the $0.185 or even $0.18 range. For now, though, the chart still leans slightly in favor of the bulls.
Momentum Slowly Tilting Up
Momentum indicators look cautiously optimistic. The RSI hovering around 59 shows the market isn’t overheated — it’s leaning bullish but still under control. Meanwhile, the MACD has just flipped positive, which often signals the beginning of a potential upward phase, though it’s still early.
Basically, DOGE is holding its ground, consolidating after the recent shakeout, and building energy for its next move. Whether it pops toward $0.25 or slips under $0.20 depends on how much conviction buyers bring into the new week. But judging by how it’s been acting lately — steady, patient, and quietly building — a stronger move might not be too far off.
