Dogecoin Approaches Critical Resistance Level as Analysts Monitor Breakout Indicators
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 21 2025Current Price Patterns: Dogecoin is showing triangle and cup-and-handle patterns, with analysts identifying $0.29 as a key resistance level and $0.19–$0.20 as support.
Potential for Breakout: Analysts believe that if DOGE breaks above $0.29, it could lead to significant price increases, potentially targeting $0.80 by the end of 2025.
Short-Term Trading Opportunities: A separate analysis indicates a favorable risk-to-reward ratio for short-term traders, with an upward trend in the Relative Strength Index (RSI) suggesting potential price recovery.
Market Outlook: Currently priced around $0.21, Dogecoin has seen recent declines but multiple bullish signals are prompting close monitoring for possible advancements in the coming months.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
