Dogecoin price steadies after a choppy week as bulls look to spark a rebound

Dogecoin price is trading near 23.55 BDT, showing signs of stabilization after a volatile week. The last few sessions have seen swings between 23.0 and 24.0 BDT, with the latest hourly bounce hinting that buyers are trying to regain control.

The meme coin’s price is down about 1.22% today, but the recent recovery attempt shows that bulls are not out of the fight. Traders are closely watching whether Dogecoin can reclaim key resistance levels and shift short-term momentum back in its favor.

Dogecoin price levels to watch now

The most important level on the chart is around 23.0 BDT. This zone acted as support multiple times over the past week, and the latest bounce again started from this region. As long as Dogecoin stays above 23.0 BDT, bulls have a chance to push higher.

On the upside, the first test is at 23.8 BDT, followed by stronger resistance around 24.0 BDT. If buyers manage to close above that zone with solid volume, it could signal the start of a short-term recovery toward 24.2 BDT and beyond.

Over the past week, Dogecoin has been forming lower highs, a pattern that often points to weakening momentum. That trend must break for a more convincing bullish reversal. Until then, sideways trading between 23.0 and 24.0 BDT is likely to continue.

Broader market factors also matter. A firm U.S. dollar and cautious sentiment have pressured cryptocurrencies recently, while Bitcoin’s movements remain a major driver of Dogecoin’s direction. Any signs of renewed optimism in the wider market could boost DOGE as well.

What could happen next

Short term, Dogecoin is expected to trade in a tight range as traders await a clear breakout. If the coin holds above 23.0 BDT and pushes past 24.0 BDT, momentum could flip positive, drawing in more buyers. On the flip side, a break below 23.0 BDT could trigger deeper declines toward 22.5 BDT or even 22.0 BDT.

Looking ahead, watch for signals from Bitcoin’s price trend, trading volume spikes, and overall risk sentiment in financial markets. Positive developments in these areas could help Dogecoin mount a stronger recovery, while continued weakness could keep it under pressure.

In summary, Dogecoin price is trying to stabilize after a turbulent week. The 23.0 BDT support remains critical, while 24.0 BDT is the ceiling bulls must break. A move beyond this range will likely set the tone for the next big move.

FYI (keeping you in the loop)-

Q1: What is the current Dogecoin price?

Dogecoin is trading near 23.55 BDT with mild intraday volatility. The coin remains within a 23.0 to 24.0 BDT range.

Q2: How does the latest price compare with last week?

Dogecoin has fallen from the higher 23.8–24.0 range earlier in the week to lows near 23.0 BDT before recovering slightly today.

Q3: What key levels should traders watch?

Support is near 23.0 BDT and resistance is between 23.8 and 24.0 BDT. A breakout beyond either level could define the next trend.

Q4: What could drive Dogecoin’s next move?

Bitcoin’s direction, overall crypto sentiment, and trading volume are major factors. Any major news or adoption updates could also shift momentum.

Q5: Is this article financial advice?

No. This article is for informational purposes only. Always do your own research and consult a financial professional before investing.

References

Google Finance. (2025). Dogecoin price update. October 11, 2025.

CoinMarketCap. (2025). Dogecoin market data. October 11, 2025.

Associated Press. (2025). Cryptocurrency market overview. October 2025.

Disclaimer: The information provided in this article is for general informational and educational purposes only and should not be construed as financial or investment advice. Cryptocurrency markets are highly volatile and unpredictable. Prices can change rapidly, and past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. The publisher and author are not responsible for any financial losses or decisions made based on the information presented here.