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Cryptocurrency News Articles

Dogecoin (DOGE) Price Analysis and Prediction for February 18, 2025

Feb 18, 2025 at 09:20 pm

Over the past few days, Dogecoin (DOGE) has been in a consolidation phase following a slight decline. Currently, DOGE is trading at $0.25309 USD

Dogecoin (DOGE) Price Analysis and Prediction for February 18, 2025

Dogecoin (DOGE) price showed signs of stability on February 18, 2025, as it remained within a narrow trading range following a slight decline. The meme coin was trading at $0.25309 USD, down 1.96% in the last 24 hours.

Dogecoin’s recent price action was observed within a relatively narrow band, with lows near $0.245 USD and highs approaching $0.260 USD. This tight trading range indicated a near-equilibrium market, with buyers and sellers closely matched.

According to data from TradingView, Dogecoin’s 50‑day moving average was roughly $0.255 USD, while the 200‑day moving average was approximately $0.245 USD. With the current price at $0.25309 USD, DOGE was trading very close to these key averages.

Generally, if DOGE can trade above its 50‑day MA consistently, it would suggest bullish momentum; however, the current proximity to the 200‑day MA indicates that the asset is at a crucial pivot point.

Moreover, trendline analysis revealed that recent swing lows have established a solid support zone near $0.245 USD, while resistance is forming around $0.260 USD. These levels are essential for traders to watch. A breakout above the resistance level could signal renewed buying interest and a potential upward trend, whereas a failure to hold support may lead to further declines.

The Relative Strength Index (RSI) was currently in a neutral range, reading around 50–54, indicating that DOGE is neither overbought nor oversold.

This neutrality implies that the market is waiting for a new catalyst to drive the price in either direction. The Moving Average Convergence Divergence (MACD) on the 4‑hour chart was showing early signs of a bullish crossover, with the MACD line beginning to approach the signal line.

Although the MACD histogram is still compressed—showing the current narrow trading range—even a modest bullish crossover can be an early indication of rising momentum if it is confirmed by an increase in trading volume.

If DOGE holds its support near $0.245 USD and manages to break above the resistance around $0.260 USD, the bullish signals from the MACD crossover and favorable moving averages could propel the price upward.

In this scenario, DOGE could rally to a target range of approximately $0.270–$0.275 USD by the end of the day. A surge in trading volume accompanying the breakout would further reinforce this bullish outlook.

In the absence of a strong directional catalyst, DOGE is likely to continue trading within its current consolidation range, roughly between $0.245 USD and $0.260 USD. This outcome would indicate that the market remains in a holding pattern, with neither buyers nor sellers able to decisively push the price in either direction.

Should selling pressure intensify and DOGE fails to maintain its support near $0.245 USD, the price could decline further, potentially falling to around $0.240 USD or lower. This would suggest that bearish sentiment is gaining strength in the short term.

The most balanced short-term Dogecoin price prediction for February 18, 2025, is that Dogecoin will likely remain in its consolidation range. However, if buying interest intensifies, a modest rally could push the price toward $0.270–$0.275 USD by the end of the day.

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