Key Insights:
- Dogecoin price flashes a TD Sequential buy signal after an extended selling streak.
- Cup-and-handle setup points to long-term targets of $0.82 and $2.18.
- $0.20 support remains key as Q3 history shows mixed outcomes.
The price of Dogecoin (DOGE) is currently trading just above the $0.20 mark, creating a buzz among traders eyeing a potential rebound. This newfound interest comes amid significant price movements and a re-evaluation of market conditions.
As the landscape shifts, analysts are highlighting a TD Sequential buy signal and a cup-and-handle setup that could dictate the future direction of this well-known memecoin. However, historical patterns observed in Dogecoin’s price during August and Q3 have been mixed, warranting caution for traders.
Analysts Highlight Buy Signals and Patterns for Dogecoin Price
On August 26, 2025, Dogecoin began to show signs of recovery, coinciding with a buy signal on the TD Sequential indicator. Notably, this signal appeared after nine consecutive downward candles on the 4-hour chart. Analyst Ali Martinez noted this development on X, indicating a potential slowdown in selling pressure.
Trader Tardigrade has also weighed in with insights on Dogecoin’s longer-term charts. He pointed out a two-month cup-and-handle pattern, a commonly recognized setup that often points to future gains. This pattern’s analysis reveals a target price of $0.82 derived from the handle depth, while the full cup depth suggests a more ambitious target of $2.18. These projections are based on standard trading techniques used to forecast price movements.
Another analyst, Morecryptoonl, emphasized the importance of the $0.20 support level, warning that if it were to break, the ongoing correction could continue. As traders remain vigilant, the current price action’s ability to hold the support zone is crucial.
Q3 History Shows Mixed Results for DOGE
As of now, Dogecoin sits at $0.2189, nestled just above the $0.20 threshold, which traders view as the crucial line delineating bullish from bearish sentiment. Historical data reflect that the third quarter often plays a pivotal role in determining market direction.
In 2019, for instance, Dogecoin experienced a sharp decline of 28.9% during Q3. However, the following year saw a reversal of this trend, with a gain of 13.4% in 2020. This upward momentum, however, proved short-lived as the price retreated by 18% in 2021. Subsequent years also mimicked this volatility, with declines of 7.14%, 6.80%, and 8.26% in 2022, 2023, and 2024, respectively. Contrary to this trend, 2025 has seen a robust increase of 28.8% in Q3 thus far.
The fluctuations during Q3 often reveal Dogecoin’s capricious nature, where heavy losses are alternated with surprising relief rallies. The current upswing of 2025 might indicate a shift in this historical pattern, but the enduring strength of the $0.20 support will play a significant role in determining if this positive momentum can persist.
Additionally, key retracement levels are being monitored closely. The critical 61.8% Fibonacci retracement level is situated at $0.2117, while the 78.6% level hovers around $0.2011. These zones are expected to attract buyer interest if tested.
Dogecoin Price Targets if Support Holds
Given the current analysis, numerous resistance levels lie ahead for Dogecoin if the $0.20 support remains intact. The 100% Fibonacci extension stands at $0.2810, while other pertinent levels include $0.3017 at 123.6%, $0.3151 at 138%, and $0.3386 at 161.8%. These areas are anticipated to act as critical checkpoints within the market as it navigates potential expansions.
Beyond these immediate targets, Trader Tardigrade’s charting highlights two ambitious targets for Dogecoin at $0.82 and $2.18, contingent upon the longevity of the cup-and-handle pattern. Market participants agree that the upcoming weeks will be telling, examining whether buyers can effectively defend the pivotal $0.20 support level.
If this support holds firm, Dogecoin could not only retain its recent gains but may also initiate moves toward higher price levels. Conversely, failure to maintain the support could lead to a continuation of the downward trend that began earlier in August.
