Oct 17, 2025
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Dogecoin Could Reach $0.33 If Support Level Holds
An analyst has identified a potential surge for Dogecoin if it maintains support within an Ascending Channel on its 12-hour price chart.
Key Points:
- The Ascending Channel is characterized by two parallel trendlines, with the upper line acting as resistance and the lower as support.
- If Dogecoin remains above the lower trendline support at $0.19, it could target the resistance level at $0.33.
- A breakdown below the channel may indicate a bearish trend continuation.
As of now, Dogecoin is priced around $0.187, experiencing a 24% decline over the past week.
