Dogecoin Rebounds From Support, Targets $0.29, $0.45, and $0.86
The post Dogecoin Rebounds From Support, Targets $0.29, $0.45, and $0.86 appeared on BitcoinEthereumNews.com.
In Brief DOGE holds $0.18–$0.21 support with upside targets at $0.29, $0.45, and $0.86. RSI and price action confirm breakout signals across 4H and daily timeframes. 21Shares files for DOGE ETF; DTCC listing completed as approval odds near 99%. Dogecoin (DOGE) is trading around $0.20056 at press time, after bouncing off ascending channel support. The token has gained 2.71% in the last 24 hours, signaling early bullish momentum following recent consolidation. Crypto analyst Ali noted that DOGE continues to form higher lows since mid-2023, suggesting a gradual uptrend through late 2025 into 2026. He also identified key resistance targets at $0.29, $0.45, and a long-term extension near $0.86. Dogecoin Ascending Channel | Source: X On shorter timeframes, Trader Tardigrade highlighted a bullish breakout on the 4-hour chart supported by an inverse head and shoulders pattern on the RSI. This move suggests growing momentum as DOGE approaches the previous high near $0.21. Dogecoin Inverse Head & Shoulders on RSI | Source: X He also observed a double bottom pattern on the daily timeframe, indicating strong support between $0.17 and $0.18. A confirmed breakout above the neckline at $0.215 could drive DOGE toward $0.24 or higher if buying pressure increases. Dogecoin Daily Chart Double Bottoms | Source: X If DOGE sustains its position above the $0.18–$0.21 zone, analysts expect continued movement toward upper channel resistance in the coming months. Failure to hold this level may trigger a retest of $0.16 before any further upside. ETF Progress and Market Sentiment Boost Outlook Dogecoin sentiment is improving further with new institutional interest emerging from 21Shares’ amended S-1 filing to launch the TDOG ETF. The proposed exchange-traded fund will track Dogecoin price performance and trade on Nasdaq. Coinbase Custody will secure the assets, while 21Shares US LLC will seed the fund with $1.5 million in…
Filed under: News - @ October 20, 2025 10:29 am