Dogecoin (DOGE) price has fallen 12% in the last week to approximately $0.14. However, some analysts are expecting a possible price increase based on technical patterns. 📉📈 Market analysis shows that DOGE has a strong support level at $0.115 and resistance level at $0.16. An RSI of 48 indicates that it is neither overbought nor oversold. Some investors expect a significant increase when DOGE breaks out of a particular bearish pattern. For example, CryptoJack plans to take a long position when the price of the asset rises 55% to $0.22. Market analysis platform IntoTheBlock noted that DOGE is positioned “above a key on-chain support level.” He added that DOGE may face resistance at $0.16.