A post says DOGE is touching its long-term support trendline for the third time, a setup it links to big rallies in 2017 and 2020. Will that lift DOGE again? Not on its own. Price has already
A post says DOGE is touching its long-term support trendline for the third time, a setup it links to big rallies in 2017 and 2020. Will that lift DOGE again? Not on its own. Price has already dropped out of a rising channel, and longs took most of the day's liquidations.
This Dogecoin price prediction checks the claim against the liquidation data and the 4-hour chart.
Market data checked on October 24, 2026, at 15:34 IST.
Metric
Value
Price (TradingView OKX 4H chart)
$0.07732
4H Candle Change
-3.43%
Candle Open
$0.07781
Candle Range
$0.07688 – $0.07793
The dogecoin price today is down 3.43% to $0.07732 in 24h, underperforming a broadly weaker crypto market, primarily driven by a macro risk-off sentiment that is pressuring high-beta assets like meme coins.
Primary reason: Broader crypto market sell-off on higher oil prices, institutional outflows from ETFs.
Secondary Reasons: Dogecoin is a meme coin and that makes it a high-beta asset that is going to magnify the downside when risk aversion hits. Technical conditions have turned oversold and that makes it worse.
Dogecoin's community is cautiously optimistic, balancing technical hope against fading social buzz.
Here’s what’s trending: Analysts see a bullish setup if DOGE holds a critical resistance zone near $0.10.
On-chain data reveals a severe collapse in social engagement and network activity.
A new speed upgrade (DogecoinVM) failed to lift the price, highlighting a sentiment–fundamentals gap.
Speculative hype is building around an unverified DOGE-1 satellite mission and recent ETF inflows.
A crypto newswire account on X posted that the MyDoge wallet app now lets users send $DOGE tips to any X account, including accounts that never used the app. Each tip must be approved in the sender's wallet.
CoinGabbar could not verify the feature.
DOGE sits on its long-term support trendline again. A trendline joins price lows or highs to show direction.
Source: Data From X
CoinGabbar could not verify the long-term line; past patterns do not guarantee a repeat.
A liquidation happens when an exchange force-closes a leveraged trade because the trader can no longer cover losses. Longs bet on a rise, and shorts bet on a fall. Coinglass shows:
Window
Total Liquidated
Long
Short
12h
$2.52M
$2.48M
$41.87K
24h
$3.77M
$3.58M
$192.58K
Source: Data From CoinGlass
Longs took about 95% of the $3.77M liquidated over 24 hours and about 98% of the 12-hour total. Longs lose when price falls, so this fits the drop out of the channel.
Coinglass futures volume leads with Binance at $329.08M, OKX at $178.48M, Gate at $126.31M and MEXC at $72.78M. The screenshot gives no time window.
A rising channel is a pair of upward-sloping trend lines that hold price in a range. $DOGE bounced inside one from October 18 to 21, then broke the trendline price, which is falling continuously after breaking down the trendline.
The latest candle opened at $0.07781, ranged from $0.07688 to $0.07793 and closed the reading at $0.07732, about 3.43% under the $0.079761 reading on October 23.
An EMA is a trend line that weights recent prices more heavily. All four EMAs lines slope down and sit above the price. The 20 EMA, about 2.7% higher, is the first ceiling, and the short-term trend is negative.
EMA
Value
Position vs Price
EMA 20 (red)
$0.07943
Above price
EMA 50 (orange)
$0.08051
Above price
EMA 100 (cyan)
$0.08268
Above price
EMA 200 (blue)
$0.08494
Above price
Type
Level
Highest marked level
$0.09601
Resistance 2
$0.08800
Resistance 1
$0.08405
Immediate support
$0.07604
Deeper support
$0.06999
Bull case: A move toward $0.08405 opens if $DOGE closes a 4-hour candle above the EMA 20 at $0.07943 and then the EMA 50 at $0.08051.
Bear case: If $DOGE closes a 4-hour candle below $0.07604, the October 18 low would fail, and price could slide toward $0.06999.
Scenario
Trigger
Likely Outcome
Invalidation
Bull
4-hour close above $0.08051
Move toward $0.08405
Close below $0.07604
Base
Range of $0.07604 to $0.07943
Sideways under the EMAs
Break of either level
Bear
4-hour close below $0.07604
Slide toward $0.06999
Close back above $0.07604
It would take a gain of about 24% from $0.07732. Any Dogecoin prediction near that level needs more than a trendline story, since $DOGE must clear all four EMAs, $0.08405 and $0.08800 first.
A 4-hour read can change fast. The setup stays cautious while the price is under all four EMAs, so watch whether $DOGE holds $0.07604.
This article is for informational purposes only and isn't financial advice. Crypto markets are volatile. Always do your own research before making any trading decisions involving DOGE.
