DOGE (Dogecoin) price faces a critical stage, and the trend in 2025 may determine its future fate
The current market pattern of Dogecoin (DOGE) shows that the bullish momentum is gradually weakening, and the price has lost the key support level of $0.34 and entered a sideways consolidation stage.
As the trading volume remains stable, DOGE's upward momentum has slowed down, and the recent retracement has been large.
If the price continues to lose the $0.34 support level, it may face greater downward pressure next, and even fall below $0.20, thus ending the annual transaction.
Dogecoin experienced a sharp rise in early 2024 and rose again by 150% after more than a month of consolidation.
However, the current price trend shows a similar pattern, which has increased market concerns about a 40% correction.
At this time, the DOGE price is trapped in an ascending triangle and is close to testing its rising trendline, which has played a vital supporting role in the past rise.
For 2025, DOGE's price trend has entered a critical stage.
If the price breaks through the current upward trend line, it is expected to continue to rise along this track and may challenge the strong resistance level of $0.7, becoming a new source of upward momentum.
However, if the market continues to weaken, DOGE may face the risk of falling below $0.25 and oscillating in this range for a long time.
Technical indicators show that there is a certain bearish pressure in the market, so investors need to remain vigilant.
