DOGE is up 6% daily, but can it rise even further?
However, the price is starting to recover and is currently at $0.145. Data shared by Ali Martinez painted an even more impressive possibility for Dogecoin’s future price movements.
The popular analyst noted that the TD Sequential, a measure used to determine the depletion of the underlying asset in either direction, had just issued a buy signal. He added that the last time this happened, DOGE’s price skyrocketed by more than 100% in a relatively short period of time. If that were to happen now, DOGE would rise towards $0.30, a level not seen in over two months.
TD Sequential just flashed a buy signal for Dogecoin $DOGE!
The previous one led to a recovery of 101.50%. pic.twitter.com/smlsAi7U0w
— Ali (@ali_charts) November 23, 2025
To do this, however, Dogecoin would have to break through numerous lines of resistance. Another renowned analyst handling the X-handle CW noted that the first such level is the $0.163 sell wall. If the asset were to be recovered, it would face the next major hurdles at USD 0.185 and USD 0.195.
The sales wall in front $DOGE exists for $0.163 pic.twitter.com/FKwDvXOlZ9
— CW (@CW8900) November 23, 2025
In contrast, DOGE could experience another nosedive, this time even deeper if it loses the $0.14 support. Martinez outlined the next target if that level breaks, which is at $0.07. Remember, Dogecoin hasn’t traded this low in over a year and a half.
On a more positive note, the OG meme coin will soon have an exchange-traded fund tracking its performance. Like Bloomberg’s ETF expert Eric Balchunas explained On Friday, Grayscale’s Trust will convert into a spot ETF starting Monday after it was approved for listing on the New York Stock Exchange.
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