Dogecoin Price Outlook: Can DOGE Hold Above $0.14?

Dogecoin (DOGE) is struggling at a major resistance level, with the risk of a big sell-off in the coming weeks. The meme coin is currently trading around $0.176, up 20% from last week’s lows of $0.14.

The market briefly surged after the Federal Reserve’s recent policy update, where the Fed announced a slower balance sheet runoff. However, weak economic forecasts, including high inflation, unemployment, and lower GDP growth, are weighing on investor sentiment.

DOGE is now close to testing its 21-day moving average (21DMA), a crucial resistance level. Since breaking below this level in January 2025, Dogecoin has failed to break past it.

If DOGE gets rejected at this resistance, a sharp drop toward recent lows near $0.14 is possible.

Market conditions suggest that risk assets like Dogecoin could struggle in the near term. If DOGE drops below $0.14, it could quickly fall to the mid-2024 lows near $0.08.

If selling pressure intensifies, DOGE could revisit the 2023 lows around $0.05.

For long-term investors, buying Dogecoin below $0.10 could be a smart move. If market conditions improve and crypto adoption grows, DOGE could potentially hit a new all-time high.

The Trump administration has expressed interest in supporting crypto innovation, which could be bullish for Dogecoin in the coming years. Some analysts predict DOGE could reach $1.00 by the end of Trump’s term if conditions align.

Dogecoin is at a crucial point. A break above resistance could spark a rally, while failure could trigger another drop. Investors should watch price movements closely in the coming days.

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