Dogecoin ($DOGE) is trading around $0.129–$0.131 as of December 23, 2025, facing short-term bearish pressure but showing early signs of stabilization near key support levels like $0.129–$0.132. Daily and weekly charts remain bearish, with the price below falling 50-day and 200-day moving averages acting as resistance, while recent drops below $0.13 have cooled trading volume and reinforced a descending trend.
Market Context and Latest News:
DOGE has pulled back sharply, dropping about 5.9% in recent sessions to test supports at $0.127–$0.129, with a breakdown below $0.145 earlier in December signaling weakness. However, it quickly reclaimed $0.13 amid spiking volume, bolstered by a rare TD Sequential buy signal and an inverse head-and-shoulders pattern hinting at a potential reversal. Institutional eyes are on the dip below $0.13, while on-chain volume has subdued to $8B weekly from prior surges, indicating reduced urgency. Forecasts for December peg minimums at $0.126 and maximums at $0.133, with averages around $0.130—extending into early 2026 for upside toward $0.15+ if supports hold.
Trend Analysis:
- Bearish Indicators: Price lingers below Supertrend at $0.152, RSI oversold but diverging bearishly, and pivotal support at $0.1324 at risk of breaking toward $0.125. Long-term moving averages confirm weakness since mid-2025.
- Bullish Hints: Reclaiming $0.13 with positive momentum from oversold RSI and buy signals suggests demand absorption. A close above $0.133–$0.135 could target $0.152, flipping the trend. Longer-term outlooks are optimistic, eyeing $0.33 by end-2025 and $0.75 by 2030 from expert panels.
Action Suggestions for Vietnamese Investors:
- Hold if in Profit: Monitor $0.129–$0.132 support closely—hold positions if above this zone, as rebound signals could yield 10–20% gains into January.
- Buy on Dip (Cautious): Accumulate small lots at $0.127–$0.129 with stops below $0.125, targeting $0.133 resistance. Use VND-stable pairs on local exchanges like Remitano or Binance P2P for low fees.
- Sell/Avoid if Bearish Break: Exit if $0.1324 fails, aiming for re-entry at $0.125. Diversify into BTC/ETH amid holiday volatility, and watch Elon Musk tweets or volume spikes for catalysts. Risk no more than 5–10% of your portfolio on DOGE given its meme volatility.
Stay vigilant—crypto markets move fast, especially around year-end.
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