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DOGE Holds at $0.245: Will It Climb to $0.27 or Slip to $0.20?

DOGE Holds at $0.245: Will It Climb to $0.27 or Slip to $0.20?

Bitget-RWA2025/09/26 12:12
By:Coin World

- Dogecoin (DOGE) nears critical $0.245 support level, with technical indicators suggesting potential rebound above $0.25 could trigger retest of $0.2737 resistance. - 14-day RSI at 45.46 shows weakening momentum, while 50-day SMA ($0.2348) and 200-day SMA ($0.1999) form dual-floor support amid broader crypto sell-offs. - Rex-Osprey Doge ETF launch and macroeconomic stabilization could drive fresh capital inflows, though $1.7B in crypto liquidations highlights market fragility. - Regulatory developments an

DOGE Holds at $0.245: Will It Climb to $0.27 or Slip to $0.20? image 0

DOGE Holds Steady as Crucial Support Near $0.245 Remains Intact

According to recent market insights,

(DOGE) appears set for a possible upward move as it remains close to significant support. ChatGPT’s AI model forecasts for October 1, 2025, anticipate DOGE trading between $0.245 and $0.265, with a likely midpoint of $0.255. This projection matches technical signals that show DOGE consolidating just above the important $0.245 support area. Despite overall market turbulence, DOGE has managed to stay above this threshold, with the 50-day simple moving average (SMA) at $0.2348 serving as a short-term support level.

The 14-day Relative Strength Index (RSI) for

is currently at 45.46, reflecting a slowdown in momentum but not yet indicating oversold conditions. Past price behavior suggests that if DOGE closes above $0.25 for an extended period, it could challenge resistance at $0.2737. Conversely, a drop below $0.2312 may send the price down to the $0.21–$0.20 range. Institutional moves, such as the introduction of the Rex-Osprey Doge ETF, are being highlighted as possible drivers for renewed buying. Experts point out that such offerings could attract new investments, especially if broader economic conditions stabilize.

Wider market forces have put pressure on DOGE lately. Crypto markets have seen over $1.7 billion in liquidations, including major long positions in

and XRP, fueling a larger sell-off. DOGE experienced a nearly 10% decline in a single day, trading at $0.239 as of September 22. Still, the coin has shown some strength, with increased trading volume hinting at accumulation at lower prices. For example, a 4.7% bounce from a daily low of $0.164 to $0.171 on June 19 signaled short-term buying, though the overall bearish trend remains dominant.

The overall crypto landscape is showing mixed signals. DOGE’s 200-day SMA continues to rise, now at $0.1999, supporting a long-term bullish outlook. However, the CMC Altcoin Season Index has fallen to 62/100 from 78, suggesting headwinds for altcoins. Regulatory factors, such as the U.S. Federal Reserve’s tight monetary stance and pending ETF decisions, are expected to be key influences on DOGE’s short-term direction.

Looking forward, the $0.245 technical level will be closely watched by traders. A strong move above this mark could pave the way to $0.27, while failing to maintain it may extend the current correction. Analysts emphasize that DOGE’s future will be closely linked to broader economic trends and institutional participation, especially as the effects of the Rex-Osprey ETF become more apparent.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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