NewsBTC
18 October 2025
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Dogecoin Faces Critical Test on October 23, Analyst Predicts

Dogecoin's price movement is approaching a critical juncture around October 22–23, according to crypto analyst VisionPulsed. The memecoin's multi-month rising channel could either establish a higher low in the $0.16–$0.18 range or experience another downturn by year-end.

  • The coming week serves as a binary checkpoint for Dogecoin's trajectory. If the support holds, a rally may ensue; if not, further decline is likely.
  • The analysis highlights the importance of Dogecoin tagging a channel support trendline while the daily RSI reaches oversold levels.
  • Past pattern: Dogecoin has previously hit the trend line with oversold RSI in March–April and June.
  • VisionPulsed anticipates a potential bullish push if support holds through October 23, but does not predict a full bull run.
  • Seasonality plays a role, with October historically bearish, whereas November often sees market recovery.
  • The current cycle is viewed as make-or-break for Dogecoin, which has stagnated around $0.16–$0.18 for nearly three years.
  • A failure to break out by December could result in another "round trip," pushing prices back down.
  • The key checkpoint is October 23, with expectations for a test of support into the weekend before any potential reversal.

At the time of writing, Dogecoin is trading at $0.183.