Dogecoin worth holds above $0.17 as a bullish breakout in the direction of $0.20. Verify the forecast

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  • Dogecoin worth fell to just about $0.17 because the cryptocurrency got here below new downward stress.
  • However, Memecoin has rebounded from these intraday lows and is inching in the direction of $0.18.
  • What’s subsequent for cryptocurrencies in anticipation of the DOGE ETF?

Dogecoin (DOGE) worth fell from a excessive of $0.18 as Bitcoin and prime altcoins competed for positive factors following Monday’s rally.

Nevertheless, the bulls are exhibiting resilience as the value rebounds from lows close to $0.17, with the highest meme coin registering a decline in promoting stress.

As of November 12, 2025, DOGE token is buying and selling at $0.176, up barely from its intraday low of $0.1712.

Though it stays in unfavorable territory at present, it has risen practically 9% over the previous week.

Particularly, the market-wide rally and renewed curiosity from bullish merchants counsel that Dogecoin may proceed to rise additional.

Dogecoin worth technical outlook

The $0.15 worth stage has been a strong assist zone since March 2025 and encompasses a main reload space that coincides with the current market decline.

Bears hit a low beneath the edge in October, which merchants consider is a vital psychological and technical decrease certain.

Over the previous few months, the buffer zone has helped the bulls keep within the recreation by blocking any additional correction plans by the bears.

DOGE above $0.17 is in step with technical indicators reminiscent of a hidden bullish divergence within the Relative Energy Index (RSI) that means promoting stress could also be waning.

DOGE chart
DOGE worth chart by TradingView

Traders are digesting broader market developments, together with macroeconomic tailwinds such because the lifting of the U.S. authorities shutdown and financial coverage.

On this atmosphere, Dogecoin’s resilience at $0.17 reveals energy in its strong place.

If the value bounces off the decrease finish of the multi-month widening wedge, a breakout above the $0.18 resistance is probably going.

This might pave the way in which for a retest of the $0.20 stage. Notably, the 50-day exponential transferring common gives downward resistance close to $0.199.

Above this, $0.22 and $0.30 come into play.

Why is Dogecoin worth largely bullish?

Dogecoin’s bullish worth outlook is pushed by a mixture of catalysts together with institutional improvement, group resilience, and a positive expertise regime.

Despite the fact that short-term bearish indicators stay, expectations for the Spot Dogecoin Trade Traded Fund are clearly rising.

XRP, Solana, Litecoin, and Dogecoin are among the many prime altcoins that would profit from the ETF launch. As CoinJournal highlighted earlier this month, the countdown has begun for the Bitwise DOGE ETF.

In the meantime, on-chain exercise continues to assist bulls, exhibiting giant pockets buyers including to their holdings amid worth declines and memecoin hype.

As talked about earlier, the 50-day exponential transferring common, though declining, beforehand served as a strong assist stage.