Dogecoin Price Prediction: Is This the Ultimate Buying Zone?

Dogecoin Price Prediction As DOGE Tests A Major Demand Zone

The crypto market is under pressure today, and Dogecoin is once again caught in the middle of the sell-off.

In the last 24 hours, DOGE has slipped nearly 8% to 10%, and altcoins are bleeding, triggering panic among short-term traders. 

Dogecoin price prediction now revolves around one key question.

Is this drop just another wave of fear, or is price quietly returning to a zone where buyers have stepped in before?

DOGE has now reached a major demand area, an area that has historically changed market momentum during periods of weakness. 

Whenever DOGE moves into this region, market behavior tends to shift in unexpected ways.

At the same time, attention is slowly turning back toward Elon Musk, whose past actions have often influenced sentiment around DOGE.

Dogecoin Price Reversal Signals Near August 2024 Demand Zone

On the TradingView 4-hour chart, Dogecoin has bounced from the August 2024 low zone near $0.0807, where a clear bullish hammer candle has formed.

This pattern often appears when selling pressure starts to fade and buyers slowly step in. 

RSI had moved into the oversold zone and is now curling upward, hinting at a possible short-term recovery.

However, upside pressure is still limited. 

Price is trading below the 50 EMA, which remains a key resistance. 

Immediate resistance levels lie near $0.1156, followed by $0.1178. 

Until these levels are reclaimed, the recovery may stay gradual rather than aggressive.

Analyst View: Dogecoin Reversal Zone And Upside Targets

According to crypto analyst Nehal (nehalzzzz1), Dogecoin is showing a reaction from a strong daily demand area, which closely aligns with the 2024 demand zones. 

The rejection from this area suggests that selling pressure is starting to slow, supporting the idea of a potential trend shift from this area.

Based on the chart structure, the first upside target comes near $0.13513.

If price manages to sustain above this level, the next major resistance sits around $0.17018, where previous selling activity has been concentrated.

The overall setup points toward a recovery attempt, but continuation will depend on price holding above the demand zone.

Dogecoin Price Prediction Based On Weekly Cycle Structure

According to crypto analyst Cryptollica, Dogecoin is once again moving into a price zone that has mattered in earlier market cycles 

On the weekly chart, similar levels have previously marked phases where selling pressure started to fade rather than accelerate. 

The current structure looks closer to those periods than to a fresh breakdown.

This zone overlaps with past cycle bottoms, including the COVID crash phase and the long accumulation range that followed. 

Weekly RSI is also hovering near levels that, in earlier cycles, appeared when downside momentum was getting exhausted.

This does not point to an immediate rally. Instead, it suggests a phase where price may start stabilizing, with any larger move likely taking time to develop.

Dogecoin Monthly Chart Signals Major Expansion Phase

According to crypto analyst Trader Tardigrade (TATrader_Alan), Dogecoin has spent a long time building what looks like a solid base on the monthly chart. 

This kind of structure usually forms quietly, when interest is low and price keeps moving sideways for months. 

That phase often shows up before larger moves begin.

On the chart, earlier cycles followed a similar pattern.

Long consolidation, very little excitement, and then a sharp expansion once momentum returned. 

The current base looks wider than previous ones, which is why the projected upside on this setup stretches as high as the $3 zone over the longer term.

This is not about timing the next candle.

While the monthly chart looks bullish, reaching $3 would require a massive shift in market cap and global liquidity.

Conclusion

Dogecoin price prediction remains mixed in the short term as price is still below key resistance levels. 

However, the reaction from major demand zones on the daily and weekly charts shows that selling pressure may be slowing. 

While quick upside moves cannot be ruled out, a stronger recovery will likely need stability across the broader market. 

With ongoing chatter around X payments integration, Elon Musk's influence remains a wild card.

For now, DOGE looks less like a breakdown and more like a zone where patience could matter.

YMYL Disclaimer: This article is strictly informational in nature and does not constitute an investment recommendation. Investment in cryptocurrencies is extremely volatile, and market conditions can change quickly based on macro data. It is always essential to do your own research before making any investment.