DOGE Holds $0.20, Is a Breakout Toward $0.25 Coming?

3 mins mins

Key Insights:

Dogecoin stabilizes above $0.20 after sharp drop, with buyers eyeing next resistance at $0.25.
Price range between $0.19 and $0.23 may guide DOGE’s next short-term direction.
On-chain data shows a volume gap below $0.19, suggesting possible fast moves if support breaks.

*DOGE Holds $0.20, Is a Breakout Toward $0.25 Coming?*

Dogecoin was trading near $0.1992, recovering slightly after falling from recent highs. The price is down nearly 2% in the past 24 hours and over 21% over the last week. The drop followed a rejection near the $0.25 mark, where sellers stepped in heavily.

After touching a low close to $0.15, DOGE has managed to climb back above the $0.20 level. This area has acted as a key support over the last few sessions. The market is now holding steady, with no sharp moves in either direction. According to Bitguru, “$DOGE is stabilizing after a correction phase currently holding around $0.20.”

Short-Term Range in Play, Eyes on $0.25

Price is moving in a narrow band between $0.19 and $0.204, showing reduced volatility since the recent drop. Buyers are slowly returning, but momentum is still limited. If the recovery holds, the next level to watch sits between $0.23 and $0.25, an area that previously acted as a base before the breakdown.

The same post from Bitguru adds,

“If buyers maintain pressure, a move toward $0.23–$0.25 could follow.”

That said, failure to build above $0.20 may lead to sideways trading in the $0.19–$0.23 zone in the near term. Volume and follow-through will likely decide the next move.

On-Chain Data Reveals Price Gap

New data from Glassnode shows that most DOGE was last moved either below $0.07 or above $0.19. The area between $0.0739 and $0.1995 shows low historical activity. This creates a large price zone with few transactions, sometimes referred to as a gap.

Ali pointed out, “There’s a huge gap on Dogecoin $DOGE between $0.19 and $0.07… and gaps don’t stay open forever.” If price falls below the current support, it may move through this zone quickly due to the lack of resistance in that range.

There’s a huge gap on Dogecoin $DOGE between $0.19 and $0.07…

And gaps don’t stay open forever. pic.twitter.com/pK795HgMNi
— Ali (@ali_charts) October 15, 2025

Pressure Builds at Key Support Level

With DOGE hovering just above $0.19, traders are watching for signs of strength or weakness. A move above $0.23 could set the stage for a short-term rally. If not, the price may continue to drift sideways or test lower levels.

BitGuru added, “If buyers fail to hold $0.20, consolidation may continue.” DOGE now sits at a critical level where market direction could shift quickly depending on the next round of buying or selling.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.