Dogecoin Hits Make-or-Break Moment: $0.25 Resistance Holds the Keys to Next Rally

Dogecoin traders are eyeing the $0.25 level like Wall Street brokers staring at a Bloomberg terminal—equal parts hope and existential dread. The meme coin’s latest surge has it flirting with a critical resistance zone, and breaking through could send DOGE back to its hype-driven glory days.

Why $0.25 matters: It’s the last major technical barrier before DOGE can retest its 2021 all-time high. Fail here, and the ‘people’s crypto’ risks becoming another casualty of crypto’s short attention span.

Meanwhile, institutional traders are quietly adding DOGE futures—proof that even suits can’t resist a well-timed meme. But let’s be real: if Dogecoin moons again, it’ll be because retail investors YOLO’d in, not because some hedge fund ‘discovered fundamentals.’

Dogecoin Price Faces Major Resistance

Crypto analyst MindfullyLost has explained what is plaguing the dogecoin price recently. According to the crypto analyst, the Dogecoin price has seen good support on the 4HR, which has continued to be above $0.21, even through the downtrend.

Also, when it comes to the hourly chart, there is also support forming for Dogecoin at this level. This comes after a retest of the $0.22 level before the bulls were able to bounce. This shows weakness in this support and could fail with a more dominant move.

Presently, there is resistance mounting at $0.23 for the dogecoin price and the bears are already bearing down on this level. As the crypto analyst shows, a break above this level would be confirmation of the uptrend for the Dogecoin price, making it a buy zone.

The next major resistance after this then lies at $0.25 and this is the moment of truth for Dogecoin. Bulls WOULD have to completely test and clear this resistance level. Otherwise, the chances of the price falling back down toward support at $0.21 remain high.

What’s Next For DOGE?

The Dogecoin price is currently consolidating and according to the crypto analyst, this consolidation could continue for a while. This would translate to sideways price movement for the foreseeable future, as well as a continuation of the battle for dominance between the bears and bulls.

Bulls would have to start pushing the price higher to actually try to test the first resistance level. Until then, Dogecoin could plunge further into the oversold territory, which would not be entirely bad for the price, making the rebound even stronger.

As for how high the Dogecoin price could go if it breaks major resistance levels, some crypto analysts have called for a bounce to at least its previous all-time high at $0.71. While others have speculated that $1 is a natural destination for Dogecoin, and double-digit predictions, such as reaching as high as $10, have also made it to the forefront.