The price of Dogecoin (DOGE) is fluctuating around the $0.20 mark, with traders closely monitoring for a possible rebound.
Analysis of Buy Signals for Dogecoin
On August 26, 2025, Dogecoin showed early signs of recovery after a buy signal appeared on the TD Sequential indicator. Analyst Ali Martinez noted that the signal came after nine straight red candles on the 4-hour chart. This could indicate a slowing of selling pressure. Additionally, Trader Tardigrade pointed to a two-month cup-and-handle pattern, which often suggests future gains. According to his analysis, the handle depth suggests a target of $0.82, while the full cup depth points to $2.18.
Historical Data for Q3 for DOGE
As of writing, Dogecoin was priced at $0.2189, just above the $0.20 level, which is seen as a dividing line for bulls and bears. Notably, the third quarter frequently shapes market direction. In 2019, Dogecoin lost 28.9% during the third quarter, while 2020 broke the trend with a gain of 13.4%. However, in 2021, the coin fell by 18%, followed by smaller declines of 7.14% in 2022 and 6.80% in 2023. This year, however, Dogecoin is up 28.8% so far in Q3.
Price Targets for Dogecoin if Support Holds
Based on current outlooks, analysts believe that if $0.20 is held, there are several resistance levels that Dogecoin might aim for. The 100% Fibonacci extension is at $0.2810, with other levels at $0.3017 (123.6%), $0.3151 (138%), and $0.3386 (161.8%). Notably, if the $0.20 support holds, Dogecoin could continue its recent gains and test higher levels.
Current data and signals for Dogecoin indicate potential growth opportunities, while the $0.20 support remains a critical factor for future price movement.
