Dogecoin Holds Demand Zone Above $0.13, What A Bounce Would Do

As 2025 approaches its conclusion, crypto analysts are meticulously scrutinizing Dogecoin's price trajectory, focusing on its ability to maintain a critical demand zone above $0.13. Insights from analyst BitGuru suggest a potential upward bounce for the meme coin, while recent market performance indicates a more challenging quarter for investors.

Dogecoin's Resilience and Potential Upside

Analyst BitGuru highlights that Dogecoin has shown resilience by holding above the $0.13 level despite recent market fluctuations. This sustained demand indicates a strong buying interest returning to the market, establishing what BitGuru terms a "base formation." This foundation could be pivotal for initiating a new rally. For this bullish scenario to unfold, Dogecoin must firmly maintain its position above this critical demand zone. If successful, BitGuru predicts a significant 50% price increase, potentially reaching $0.188, with an ambitious target extending to $0.22 before encountering new resistance levels.

Contrasting Trends: A Bearish Close to 2025

Historically, the fourth quarter often brings bullish momentum for Dogecoin. However, 2025 has diverged sharply from this pattern, with the meme coin currently experiencing a 41.8% decline in the red for the quarter, according to data from CryptoRank. December alone has seen a further drop of over 7.5%, building on losses of 20% in October and 21.3% in November. This sustained downward trend suggests that if the current market sentiment persists, Dogecoin could face continued pressure, presenting a cautious outlook for investors as the year concludes.