Dogecoin price prediction: Will DOGE surpass $0.20 or fall below $0.15 in May 2025?

Dogecoin (DOGE/USD) is currently trading around $0.175, having seen a short term recovery from the lows of April. Despite the overall market volatility, DOGE has managed to consolidate above the $0.15 zone and is currently facing a descending resistance line. As May 2025 begins, technical indicators suggest that Dogecoin is approaching a decisive zone, where bullish momentum could trigger a breakout or weakness could pull the price back to the previous support zone. Weekly chart: Holding above important retracement level

On the weekly chart, Dogecoin has consolidated between the Fibonacci retracement levels of 0.786 and 0.618. This range is taken from the low of 0.05 USD to the high of 0.48 USD: 0.786 Fib support: $0.14750.618 Fib resistance: $0.2195 DOGE has rebounded strongly from the 0.15 USD zone, and recent candles show stability above this important retracement level. If the price remains above 0.15 USD, buyers may target 0.2195 USD, followed by 0.27 USD (Fib 0.5). However, failing to hold this level could lead to a bearish trend down to 0.12 USD and 0.10 USD, where there is strong historical demand. Daily chart: The downtrend line is still in progress.

The daily chart shows that Dogecoin remains trapped below the downward trend line extending from February 2025. Recently, the bulls attempted to break out near $0.18 but were unable to maintain it. Main resistance level: $0.181–$0.19 Support: $0.167 and $0.15 Trend line: Not broken as of May 1 If DOGE can close a daily candle above $0.19 with high volume, it will break the structure and pave the way towards $0.21 and $0.24. On the negative side, losing $0.167 could shift the momentum back to sellers, targeting the $0.15 level once again. 4-hour chart: Narrow range and increasing pressure

The 4-hour chart of Dogecoin shows that the price is consolidating within a narrowing triangle, suggesting a breakout setup: Current range: $0.167 to $0.181Breakout zone: $0.185 and aboveAnalysis level: $0.167 The trendline and the recent recovery from the lower end of the triangle indicate accumulation. A breakout could push the price up to 0.19 USD, while a breakdown could bring it back to 0.155 USD and 0.147 USD. Dogecoin price prediction (DOGE): Snapshot of EMA and RSI (4H)

20EMA: 0.176 USD 50EMA: $0.175 Moving averages 100 & 200: $0.172 RSI index (14): 48.83 DOGE is currently above the 20 and 50 EMA, a sign of short term strength. The RSI is approaching the neutral level of 50, indicating that momentum is improving but is not yet in the bullish zone. A push above 50 on the RSI could trigger new buying interest. Dogecoin price prediction (DOGE): Bollinger Bands and MACD: The contraction of volatility

The Bollinger Bands are tightening and DOGE is oscillating near the middle line. The MACD is showing flat histogram bars and has the potential to cross in a bullish direction. This setup indicates that low volatility conditions can lead to a strong move. If volume increases, a breakout above $0.18–$0.19 could occur quickly. Dogecoin price prediction (DOGE): What can we expect from Dogecoin in May 2025?

Bullish outlook: If Dogecoin breaks through the resistance zone of $0.18–$0.19 with large volume, the breakout could push the price to $0.21 ( the main Fib level ) and potentially extend to $0.24. This would confirm the trend reversal and attract momentum traders. Bearish scenario: Failing to hold the support zone of $0.167–$0.17 could lead DOGE to retrace back to test $0.15 and even $0.13. A move sustained below $0.15 would invalidate bullish structures and shift sentiment towards the sellers. Neutral case: It is likely that DOGE could continue to trade within the range of $0.15–$0.19 until early May unless volume confirms a breakout direction. Traders should monitor this consolidation for directional signals.