Dogecoin Price Analysis: Lower Highs Form as Volume Expands on Declines
Dogecoin successfully defended support at $0.214 as heightened trading activity, driven by ETF speculation, emerged on September 4, 2025. Over a 24-hour period, DOGE advanced by 4%, climbing from $0.216 to $0.218 with trading volumes significantly exceeding the average. Analysts are divided on DOGE's trajectory; some predict a decline potentially towards $0.17 Fibonacci support, while others anticipate a rise to between $1.00 and $1.40 based on historical patterns. Key trading activity included a midday rally that lifted prices on spikes exceeding 400 million in volume, followed by heavy profit-taking in the evening session. Support at $0.214 was confirmed through institutional bids, while resistance at $0.223 was established after rejection at higher volumes. Traders are observing whether support at $0.218 can hold or if failure will lead to a target of $0.214 to $0.17. Macro conditions and institutional flows remain pivotal, especially considering shifts in ETF regulatory odds.
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