Dogecoin

FOMC

Resistance

DOGE is bouncing a few hours before the Federal Reserve's rate decision. Can it hold? One trader says a double bottom is under way, but the price is still under both EMAs shown on the daily chart.&nbsp;
This <a href="https://www.coingabbar.com/en/dogecoin-price-prediction-2016-2020-pattern-returns" rel="noopener noreferrer nofollow">Dogecoin Price Prediction</a> covers the FOMC update, the liquidation data and a step-by-step chart read.
Market data checked on October 28, 2026, at 10:41 IST, before the Fed decision.
<h2 id="span-style-font-size-16px-why-is-doge-price-up-today-span">Why is DOGE price up today?&nbsp;</h2>
The&nbsp;<a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer">Dogecoin price today</a>&nbsp;is up 3%&nbsp;to $0.07967 in 24h, outperforming a broader market that rose 1.45%. The move appears primarily driven by a beta-led recovery as Bitcoin regained footing, with no clear coin-specific catalyst visible in the provided data.
Primary reason: Beta-driven lift from Bitcoin's recovery, fueled by a return to ETF inflows.
Secondary reasons: Rotation into meme coin sector and a modest uptick in trading volume.
<h2 id="span-span-style-font-size-16px-fomc-update-what-the-fed-decides-today-span-span">FOMC Update: What the Fed Decides Today</h2>
The FOMC, the Fed's rate-setting committee, meets on October 27 and 28. Its decision is due at 2 pm Eastern on October 28, about 11:30 pm IST. The rate sits at 3.75%–4.00% after a quarter-point hike in September, the first in about three years. Kiplinger's live coverage cites CME FedWatch odds near 90% for a hold today and 73% for a hike in December.
Higher rates can weigh on <a href="https://www.coingabbar.com/en/dogecoin-price-prediction-november-2026" rel="noopener noreferrer nofollow">risk assets</a> such as crypto. A hold is already expected, so Chair Kevin Warsh's tone in December may matter more than the decision itself.
<h2 id="span-span-style-font-size-16px-dogecoin-news-double-bottom-pattern-span-span">Dogecoin News: Double Bottom Pattern</h2>
The trader posted about the double bottom ongoing on the DOGE weekly chart. A double bottom is a pattern with two similar lows, and it is confirmed only after price breaks above the peak between them. CoinGabbar could not verify it.<img alt="Dogecoin News: Double Bottom Pattern" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/oxJH8lka1bNFcCTlWxHe5oBfddO6Guh3S3ouOe4b.jpg" width="300" height="694" title="Dogecoin News: Double Bottom Pattern">
Source: <a href="https://x.com/TATrader_Alan/status/2114959786550972683?a=cfCCrnTTT24vmw1s44k&amp;amp;amp;amp;s=20" rel="noopener noreferrer nofollow">Data From X</a>
<h2 id="span-span-style-font-size-16px-doge-liquidations-and-futures-volume-ahead-of-the-fed-meeting-span-span">DOGE Liquidations and Futures Volume Ahead of the Fed Meeting</h2>
A liquidation happens when an exchange force-closes a leveraged trade because the trader can no longer cover losses. Longs bet on a rise, and shorts bet on a fall.&nbsp;
<div>
 <table>
 <colgroup>
 <col width="73">
 <col width="130">
 <col width="79">
 <col width="79">
 </colgroup>
 <tbody>
 <tr>
 <td>Window</td>
 <td>Total Liquidated</td>
 <td>Long</td>
 <td>Short</td>
 </tr>
 <tr>
 <td>12h</td>
 <td>$816.74K</td>
 <td>$93.30K</td>
 <td>$723.44K</td>
 </tr>
 <tr>
 <td>24h</td>
 <td>$1.11M</td>
 <td>$281.99K</td>
 <td>$827.00K</td>
 </tr>
 </tbody>
 </table>
</div>
Source: <a href="https://www.coinglass.com/currencies/DOGE" rel="noopener noreferrer nofollow">Data From CoinGlass</a>
Shorts took about 75% of the $1.11M liquidated over 24 hours and about 89% of the 12-hour total. Shorts lose when price rises, which fits the bounce.
Coinglass futures volume leads with Binance at $273.45M, OKX at $158.73M, Gate at $103.36M, MEXC at $90.77M and Bybit at $57.27M. The screenshot gives no time window.
<h2 id="span-span-style-font-size-16px-doge-prediction-fomc-day-chart-analysis-span-img-alt-doge-prediction-fomc-day-chart-analysis-src-https-d3iuzwoiyg9qa8-cloudfront-net-webadmin-storage-public-commonediterimage-d7ujpzkxqz1lrls26ydgdioxtzurdpi1awbpy6zy-png-width-300-height-898-title-doge-prediction-fomc-day-chart-analysis-span-span-span">DOGE Prediction: FOMC Day Chart Analysis<img alt="DOGE Prediction: FOMC Day Chart Analysis" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/D7uJPZKXQZ1lrlS26ydGDIoXtzuRDpI1AWbpY6zY.png" width="300" height="898" title="DOGE Prediction: FOMC Day Chart Analysis"></h2>
DOGE rallied from about $0.07 in August to near $0.10007 in late September. It has since moved lower inside a falling channel, a pair of downward-sloping boundaries that hold <a href="https://www.coingabbar.com/en/dogecoin-price-prediction-2017-2020-historic-rally" rel="noopener noreferrer nofollow">price in a range</a>.
Price made lower highs and lower lows through October and bounced near the $0.07505 level. Today's candle opened at $0.07907, ranged from $0.07865 to $0.08030 and printed $0.07967.
Price is about 2.2% under the 20 EMA and 5.4% under the 50 EMA, and the 20 EMA sits below the 50 EMA, a bearish order. The $0.08196 level sits just above the 20 EMA.
ZEC is squeezing inside a channel between, so a sharp move can come right after the Fed news. A candle close above with rising volume would show buyers taking over and could pull retail traders in, with the next resistance as the <a href="https://www.coingabbar.com/en/dogecoin-price-prediction-2017-2020-historic-rally" rel="noopener noreferrer nofollow">first level to watch</a>.&nbsp;
A close below the lower channel line would break the structure and put next support in focus, so wait for the candle close and volume before trusting either side.&nbsp;
<div>
 <table>
 <colgroup>
 <col width="128">
 <col width="75">
 <col width="175">
 </colgroup>
 <tbody>
 <tr>
 <td>EMA</td>
 <td>Value</td>
 <td>Position vs Price</td>
 </tr>
 <tr>
 <td>EMA 20 (red)</td>
 <td>$0.08144</td>
 <td>Above price, about 2.2%</td>
 </tr>
 <tr>
 <td>EMA 50 (orange)</td>
 <td>$0.08397</td>
 <td>Above price, about 5.4%</td>
 </tr>
 </tbody>
 </table>
</div>
<h2 id="span-span-style-font-size-16px-dogecoin-forecast-support-and-resistance-levels-span-span">Dogecoin Forecast: Support and Resistance Levels</h2>
<div>
 <table>
 <colgroup>
 <col width="152">
 <col width="75">
 </colgroup>
 <tbody>
 <tr>
 <td>Type</td>
 <td>Level</td>
 </tr>
 <tr>
 <td>Highest marked level</td>
 <td>$0.13004</td>
 </tr>
 <tr>
 <td>Resistance 3</td>
 <td>$0.10007</td>
 </tr>
 <tr>
 <td>Resistance 2</td>
 <td>$0.09008</td>
 </tr>
 <tr>
 <td>Resistance 1</td>
 <td>$0.08196</td>
 </tr>
 <tr>
 <td>Immediate support</td>
 <td>$0.07505</td>
 </tr>
 <tr>
 <td>Deeper support</td>
 <td>$0.07001</td>
 </tr>
 </tbody>
 </table>
</div>
Bull case: A daily close above the 20 EMA at $0.08144 and then $0.08196 would test the 50 EMA at $0.08397, with $0.09008 next.
Bear case: If DOGE closes below $0.07505, price could slide about 12% from today toward $0.07001.
<h2 id="span-span-style-font-size-16px-doge-scenarios-and-invalidation-october-28-2026-span-span">DOGE Scenarios and Invalidation (October 28, 2026)</h2>
<div>
 <table>
 <colgroup>
 <col width="73">
 <col width="176">
 <col width="211">
 <col width="164">
 </colgroup>
 <tbody>
 <tr>
 <td>Scenario</td>
 <td>Trigger</td>
 <td>Likely Outcome</td>
 <td>Invalidation</td>
 </tr>
 <tr>
 <td>Bull</td>
 <td>Close above $0.08196</td>
 <td>Move toward $0.08397, then $0.09008</td>
 <td>Close below $0.07505</td>
 </tr>
 <tr>
 <td>Base</td>
 <td>Range of $0.07505 to $0.08144</td>
 <td>Sideways inside the channel</td>
 <td>Break of either level</td>
 </tr>
 <tr>
 <td>Bear</td>
 <td>Close below $0.07505</td>
 <td>Slide toward $0.07001</td>
 <td>Close back above $0.07505</td>
 </tr>
 </tbody>
 </table>
</div>
<h2 id="span-span-style-font-size-16px-dogecoin-price-prediction-2026-can-dogecoin-reach-0-10007-span-span">Dogecoin Price Prediction 2026: Can Dogecoin Reach $0.10007?</h2>
It would take a gain of about 26% from $0.07967. Any <a href="https://www.coingabbar.com/en/dogecoin-price-prediction-doge-building-bigger-than-meme" rel="noopener noreferrer nofollow">DOGE price prediction</a> toward that level needs more than a bounce, since DOGE must clear both EMAs, $0.08196 and $0.09008 first.
<h2 id="span-span-style-font-size-16px-dogecoin-price-prediction-expert-view-span-span">Dogecoin Price Prediction: Expert View</h2>
DOGE is still under both EMAs, so a daily close above $0.08196 would be the first <a href="https://www.coingabbar.com/en/dogecoin-price-prediction-3-apps-unite-doge-breakout" rel="noopener noreferrer nofollow">real sign of strength</a>. Until then, $0.07505 is the level to watch, because a close below it would put $0.07001 back in focus.
<h2 id="span-span-style-font-size-16px-em-disclaimer-em-span-span">Disclaimer</h2>
This article is for informational purposes only and isn't financial advice. Crypto markets are volatile. Always do your own research before making any trading decisions involving DOGE.

Dogecoin Price Prediction: DOGE’s Next Big Move Could Start Today?

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