Dogecoin Price Prediction: Can DOGE Hit $0.35 This Week?

• Why Is Dogecoin’s Price Rising So Sharply?
• What Do the Charts Reveal?
• Is Dogecoin Overbought or Just Warming Up?
• Key Price Levels to Watch
• Crash or Continuation? The Dogecoin Dilemma
• Short-Term Dogecoin Price Outlook
• Where to Buy Dogecoin? Try BTCC
• Dogecoin FAQ

Dogecoin (DOGE) has surged 76% in just over 20 days, sparking speculation about whether it can reach $0.35 this week. With bullish technical indicators, institutional interest, and a parabolic rally, DOGE’s momentum is undeniable—but an overbought RSI hints at potential consolidation. Here’s a DEEP dive into the charts, key levels, and what traders should watch next.

Why Is Dogecoin’s Price Rising So Sharply?

DOGE/USD has skyrocketed from $0.155 in early July to $0.274—a 76% gain—fueled by FOMO among retail and institutional traders. The breakout above the $0.21–$0.23 resistance zone, combined with altcoin market recovery and network activity growth, has supercharged the rally. Heikin Ashi candles show unbroken bullish momentum, but is the party just getting started?

What Do the Charts Reveal?

Since July 7, DOGE has painted consistently green Heikin Ashi candles with no upper wicks, signaling strong buying pressure. The coin has smashed through the Fibonacci resistance at $0.236 and now trades above $0.266, aligning with the 1.618 Fib extension target of $0.3617 (calculated from the swing low of $0.155 and high of $0.234). Here’s the math:

• Swing Low: $0.155
• Swing High: $0.234
• 1.618 Extension: $0.234 + ($0.234 - $0.155) × 1.618 ≈ $0.3617

If momentum holds, $0.36 is a realistic next target.

Is Dogecoin Overbought or Just Warming Up?

The RSI at 80.56 screams overbought—historically a precursor to pullbacks. But in bull markets, assets can stay overbought for weeks. Watch the 72 RSI level: holding above it suggests continued upside, while a dip could trigger a correction to $0.24–$0.25. In May, a similar RSI peak led to a 3–4 day cooldown; history might rhyme.

Key Price Levels to Watch

A daily close above $0.275 with high volume could ignite another leg up toward $0.30–$0.36.

Crash or Continuation? The Dogecoin Dilemma

Parabolic moves often correct, but DOGE’s uptrend remains intact above $0.234. A dip to $0.24–$0.25 WOULD be healthy before the next push. However, the 70% pump in 20 days and extreme RSI warrant caution. The make-or-break level? $0.275.

Short-Term Dogecoin Price Outlook

• Pullback: Likely to $0.25 if RSI cools.
• Rebound: Probable if $0.234 holds.
• Breakout: Surpassing $0.275 opens path to $0.36.

Where to Buy Dogecoin? Try BTCC

For low fees and a seamless trading experience,stands out among crypto exchanges. New users can access exclusive rewards—ideal for jumping into DOGE’s volatility.