Dogecoin is undoubtedly one of the leading cryptocurrency tokens that the cryptocurrency world likes to keep a close eye on. The token has been experiencing significant lows recently, unable to break past the range of $0.20 to $0.25 for an extended period. However, the token is part of the rising ETF debate, which can help Doge rejuvenate and gain back its former glory. What is truly going on with Dogecoin? Let’s find out.
Also Read: Dogecoin Down 9.3% Despite ETF Listing: What Next For DOGE?
DOGE Status Update
Dogecoin has been exploring midrange price prospects lately. The token is failing to jump and explore new price ranges, currently trading at $0.25 at press time. The token has noted an uptick of 7% in the last 7 days and is now in the queue to explore new price spots depending on the current market pace. With October proving to be a bullish month for the market historically, Dogecoin is also expected to gain some of its former glory back.
According to Ali Martinez, a leading cryptocurrency expert, despite DOGE’s slow price performance, the token continues to aim for the long haul. Martinez was quick to share an update, adding how Dogecoin’s accumulation phase is growing at a rapid pace, signaling bullish momentum for the token to bank on.
That being said, according to Trader Tardigrade, another leading crypto expert, DOGE is now eyeing $0.30 as its new price target, with its chart developing a cup and handle bullish pattern.
“The LTF chart shows a cup and handle bullish pattern. Handle breakout completed.#Dogecoin will aim to reclaim above 30 cents if this pattern plays out.”
Technical Timeline
According to CoinCodex DOGE stats, the token is now aiming to hit $0.29 by November 2025.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to rise by 13.11% and reach $0.288067 by November 5, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 74 (greed). Dogecoin recorded 15/30 (50%) green days with 7.64% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: Massive Dogecoin Upside Ahead? Breakout Target Hints at 111% Surge