After a bloody October that fell short of expectations for another bullish month, the OG meme coin is looking for a rebound in November, and one popular analyst believes there is a lot of room for growth if its value stays above a certain range.
However, there are some warning signs on DOGE’s ($0.19) horizon, such as whales selling off large amounts of the assets.
$0.18 looks like a strong buy-the-dip zone for Dogecoin $DOGE before a potential run towards $0.26 or $0.33. pic.twitter.com/LltHHiRFMR
— Ali (@ali_charts) November 1, 2025
Ali Martinez has repeatedly outlined the significance of the $0.18 support. It doubled earlier today, indicating it could act as a price propeller if DOGE stays above and essentially be used as a strong buy-the-dip zone.
The analyst with more than 161,000 followers on X predicted a new price increase to $0.26 or even $0.33 if this support continues. It is worth noting that DOGE exceeded the first target twice in September and October, but has not achieved the second since January. The latest rejection came during the October 10 massacre, when the price fell from $0.23 to $0.15 within hours.
Since then, it has maintained a value above $0.18 despite testing a few times. However, the resistance at $0.22 has limited progress. What is especially concerning about DOGE’s perspective is the behavior of whales.
These major market participants sold 440 million DOGE in just three days last week, increasing immediate selling pressure and potentially signaling market capitulation for smaller investors.
Dogecoin’s RSI, a measure that reflects the overbought or oversold condition of the underlying asset, doesn’t provide much insight into what’s next. It currently sits at 46, which is essentially a neutral zone, without any significant indication of what’s to come.
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