Dogecoin Struggles at Key Support
Dogecoin Dogecoin has faced challenges in maintaining levels above $0.15 after a recent 12% decline over the past week. The coin could not defend the critical $0.20 support, reinforcing its bearish trajectory. As a result, there is heightened uncertainty over whether DOGE will remain above $0.15 or experience further declines.
Market Trends Impact DOGE
The recent drop in Dogecoin reflects a broader bearish mood in the cryptocurrency market, which itself decreased by approximately 1.95% over the last 24 hours and by 12% over the previous week. Declines in other leading cryptocurrencies—Bitcoin Bitcoin, Ethereum Ethereum, Solana Solana, Cardano Cardano, and XRP XRP—contribute to the overall downtrend.
Technical Analysis and Support Levels
Dogecoin now trades near a pivotal technical level, with experts observing that it is forming a downward pattern. Historically, breaking out of a similar structure has sometimes resulted in significant price rallies. Currently, DOGE is hovering at an essential support zone, which strengthens the expectation of a possible rebound.
"Market experts expect that in November 2025, the value will not drop below a minimum of $0.151. The maximum peak expected this month is $0.159. The estimated average trading value will be at the level of $0.155."
Some models predict that if Dogecoin can break out upward from its current wedge, it could mirror past rallies, with increases surpassing 400% in some scenarios. However, the current mainstream forecast remains cautious, projecting prices between $0.15–$0.16 for the near term, with possible recoveries heading toward $0.19 in December should market conditions turn favorable.
"Changelly's AI model provides a more conservative Dogecoin forecast, predicting a slight dip to $0.154 by November 22 before recovering to $0.187 by December 12. This aligns with our technical analysis showing oversold conditions that could spark a relief rally."
Investor Outlook
Dogecoin thrives on high market volatility and heightened sentiment. Many investors are closely watching DOGE for signals of another significant move, particularly if it can defend the $0.15 support region. Breakdowns below this level could target $0.13, while sustained rebounds may set the stage for a return to $0.20.
Summary
Dogecoin remains under substantial selling pressure, yet a firm support near $0.15 could result in either further declines toward $0.13 or a potential rally back to $0.20 if the market sentiment improves.
"In case Dogecoin manages to hit out of the wedge, the coin may experience a jump like in the previous rallies that could see it increase more than 430%."
Author’s summary: Dogecoin is at a pivotal crossroads—whether it holds above $0.15 will depend on broader crypto trends and sentiment, with both downside risk and strong rebound potential if technical patterns play out.