October 2025 DOGE Coin Meme Hike: The Start of a Strong Recovery?

Updated

October 8, 2025

Gambar October 2025 DOGE Coin Meme Hike: The Start of a Strong Recovery?

Jakarta, Pintu News – Dogecoin has recently shown a significant increase after successfully crossing the $0.250 zone against the US Dollar. Now, the meme coin is in a consolidation phase and may try to achieve further gains above $0.270.

Dogecoin Price Increase

After stabilizing above $0.2350, Dogecoin (DOGE) price started to increase, following the footsteps of Bitcoin and Ethereum . DOGE managed to break the $0.250 resistance and entered the positive zone. Market participants were able to push the price past $0.260 and $0.2620, with the highest peak recorded at $0.2701.

Currently, Dogecoin (DOGE) is consolidating gains near the 23.6% Fib retracement level of the last wave from $0.2507 to $0.2701. Dogecoin (DOGE) is now trading above $0.260 and the 100-hourly simple moving average. Additionally, there is a bullish trend line forming with support at $0.2580 on the hourly chart of the DOGE/USD pair.

Also Read: 5 Ways to Check Crypto Wallet: Monitor Assets & On-Chain Activity in Real-Time

Further Upside Potential

In case of another increase, the immediate resistance on the upside is near $0.270. The first major resistance for the bulls may be near $0.2720. The next major resistance is near $0.280. A close above the $0.280 resistance could push the price towards $0.2880. Further upside might lead the price towards $0.2920, with the next major stop for the bulls possibly being $0.30.

Possible Price Correction

If the price of Dogecoin (DOGE) fails to rise above $0.270, there could be a downward correction. Initial support on the downside is near $0.2650. The next major support is near $0.2580 and the trend line. The major support is at $0.250. In case of a downward break below the $0.250 support, the price could drop further. In that case, the price may slide towards $0.2320 or even $0.2250 in the short term.

Technical Indicators

The hourly MACD for DOGE/USD is currently gaining momentum in the bullish zone. The hourly RSI (Relative Strength Index) for DOGE/USD is now above the 50 level. The key support levels are $0.2580 and $0.2550. The key resistance levels are $0.2700 and $0.2720.

Conclusion

With favorable indicators, Dogecoin (DOGE) shows potential for a stronger recovery. Investors and market watchers will continue to monitor price movements to see if DOGE can maintain this positive momentum or if it will experience a correction.

Also Read: 5 Coin Memes Predicted to Explode After Bitcoin Breaks $125,000

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