Dogecoin Climbs 2% — Could a Breakout Be on the Horizon?

Jakarta, Pintu News – The Dogecoin price is currently holding at around $0.14, despite a recent 5% decline. This correction came in response to the Fed’s third interest rate cut in 2025, which apparently failed to generate market optimism and instead magnified uncertainty.

Pressure also came from a sell-off in tech stocks led by Oracle, as well as a $166 million wave of liquidations from long BTC positions, further exacerbating market conditions.

Even so, analysts remain optimistic about Dogecoin’s potential recovery. If DOGE manages to break out of the symmetrical triangle pattern, the price is expected to climb back up to the $0.20 level.

Dogecoin Price Rises 2.00% in 24 Hours

On December 12, 2025, Dogecoin posted a 2.00% gain over the past 24 hours, trading at $0.1407 — approximately IDR 2,341. Throughout the day, DOGE fluctuated between IDR 2,273 and IDR 2,374.

At the time of writing, Dogecoin’s market capitalization is around IDR 357.6 trillion, with a 24-hour trading volume of approximately IDR 22.24 trillion.

Read also: Ethereum Price Climbs to $3,200 Today: Whale Buys ETH Massively!

Dogecoin Price Tests Key Support in Symmetrical Triangle Pattern

Crypto trader Tardigrade highlights Dogecoin’s current price movement. DOGE has just touched an important support level in asymmetrical triangle pattern, which could signal the beginning of an upward movement.

On the weekly chart, the Dogecoin price is showing resistance at significant support levels. This stability fuels expectations of a potential price surge towards $1.

If this support level is successfully maintained, analysts estimate that Dogecoin has the opportunity to increase up to 600%. This condition is a crucial moment for traders to pay attention to the direction of the next movement.

Is DOGE Price Ready for a Breakout or a Deeper Drop?

As of December 11, Dogecoin’s price was at $0.1343, down about 5%. In recent days, DOGE has shown volatile movements, with strong resistance levels around $0.15.

Read also: Bitcoin Price Rises to $92,000 Today: BTC Traders Aim for Buy the Dip Opportunities!

Currently, the price is testing an important support zone near $0.13-which will determine the direction of the next move.

Technical indicators show mixed signals:

• The RSI (Relative Strength Index) is at 51, signaling neutral market sentiment.
• The MACD (Moving Average Convergence Divergence) shows bearish divergence, with the MACD line cutting below the signal line-a potential sign of further downward pressure.
• The MACD histogram is also in the negative zone, reinforcing the bearish view for the short term.

If the current trend continues, DOGE is likely to test support at $0.13 again. If this level is successfully defended, there is a chance of arebound in the long term. However, if this support is broken, the next downside target will be around $0.1250.

On theupside, the $0.14 to $0.15 area becomes an important resistance zone that needs to be broken to initiate a more convincing bullish trend.

Conclusion for Traders: The main focus now is on the $0.13 support zone. A break of this level could open up room for further declines, while a hold of this level could provide an opportunity for a price reversal.

FAQ

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a cryptocurrency that was originally created as a joke but has evolved into a digital currency with wide usage.

Why has the Dogecoin price dropped recently?

Dogecoin’s price dropped due to the bearish trend in the overall crypto market and the market’s negative reaction to the third Federal Reserve rate cut in 2025.

What is a symmetrical triangle pattern in the context of technical analysis?

A symmetrical triangle pattern in technical analysis is a chart pattern where the price consolidates within an increasingly narrow range, reflecting the balance between buyers and sellers before finally breaking out.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Dogecoin Price Set to Rebound to $0.20 After Symmetrical Triangle Breakout. Accessed on December 12, 2025