Dogecoin Could Target $1 After Holding Rising Support, With $0.43 and $1.08 Fibonacci Levels

  • Rising weekly support confirms accumulation and higher lows, keeping the bullish structure intact.

  • Fibonacci extensions place the first resistance at $0.43038 and a larger target at $1.08453.

  • Weekly candlesticks and volume behavior indicate buyer conviction; a weekly close above $0.43 is the key trigger.

Dogecoin price holds above rising support, targeting $0.43 and $1.08; read our technical analysis and watch the $0.43 weekly close for breakout confirmation.

What is driving the Dogecoin breakout potential?

Dogecoin price is supported by a multi-year rising trendline and repeated weekly higher lows, indicating steady accumulation. The combination of a confirmed rising support and Fibonacci extension targets at $0.43038 and $1.08453 frames a clear path for a potential breakout if volume and weekly closes align with the bullish bias.

How do Fibonacci targets and volume confirm DOGE upside?

Fibonacci extensions from the 2023–2024 rally identify immediate resistance at $0.43038 and a secondary target at $1.08453. Historically, DOGE has accelerated after consolidation phases when volume expands on breakout weeks. Traders should monitor weekly volume spikes, higher-high weekly closes, and retention of the rising support line as confirmation signals.

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If Dogecoin sustains the rising support and achieves a decisive weekly close above $0.43 with confirmed volume, momentum could carry price toward the $1 region within several months. Timeframe depends on macro liquidity, broader crypto market strength, and successful defense of the ascending trendline on pullbacks.

Dogecoin holds firm above rising support with a bullish structure forming. Key levels hint at a breakout run toward $1 in coming months.

Dogecoin is showing signs of a major turnaround as its multi-year structure tightens. With higher lows holding strong, all eyes are now on whether DOGE can break key resistance and charge toward the $1 mark before year-end.

From 2021–2022 DOGE experienced sharp volatility and a downtrend after the 2021 peak. By 2023 the market consolidated and a rising support trendline emerged, connecting multiple higher lows. This line has repeatedly absorbed selling pressure and reflects institutional and retail accumulation across several retracements.


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Source: https://en.coinotag.com/dogecoin-could-target-1-after-holding-rising-support-with-0-43-and-1-08-fibonacci-levels/