TLDR
- Dogecoin trades near $0.0575 after a 16% weekly drop.
- Weekly RSI sits at 33.86, close to the oversold line of 30.
- Support is at $0.055–$0.060, with resistance at $0.08 and $0.10.
- US spot Dogecoin ETFs show about $15.1M in total net inflows.
- Bull run scenarios range from $0.03 to $0.50 for 2027–2029.
Dogecoin (DOGE) traded near $0.0575 on November 15. The price is close to its lowest level since 2022. The move extends a rough week for the original meme coin.
DOGE fell about 16% over the past week. It has dropped roughly 88% from its December 2024 peak near $0.48. Dogecoin was last near current levels in 2022.
Weekly charts show a long downtrend since the late 2024 rejection. DOGE has printed a series of lower highs, and each bounce has met selling. Recovery attempts have faded each time.
Dogecoin Price Levels Traders Are Watching
The first support zone sits between $0.055 and $0.060. Buyers have stepped in there before. It is the first level traders will check on any further dip.
A clean break below that range could open the way to $0.045–$0.050. That zone is the next area on the chart. Price would then sit even farther below the $0.08 resistance.
The weekly Relative Strength Index reads 33.86. That is close to the oversold line of 30. The reading comes after the weekly drop of 16.18%.
An oversold reading does not confirm a bottom. It only shows that selling pressure has been heavy. Prices can stay near oversold levels for some time.
The weekly MACD also stays weak. The MACD line is under its signal line, and the histogram is slightly negative. Together, the two gauges point to weak momentum on the weekly chart.
Resistance starts near $0.08, with $0.10 above it. The $0.10 mark is a round number that traders often follow. A move past $0.10 would bring $0.15 into view.
Reclaiming $0.20 would mark a firmer long-term trend change. That is the level above $0.15 on the chart.
Dogecoin ETF Demand and Bull Run Scenarios
US spot Dogecoin ETFs hold about $15.1 million in total net inflows, based on Crypto ETF tracking data. Net activity over the past month was close to zero. The data points to modest institutional interest so far.
On November 11, DogeOS CEO Jordan Jefferson told The Block that development and audits for the first version are finished. More than 100 developers are working on related projects.
No mainnet launch date has been announced. The platform aims to bring decentralized finance tools to Dogecoin. Supporters see it as a way to widen what the token can do beyond payments and tipping.
For a possible 2027–2029 bull market, a bullish case targets $0.30 to $0.50. Reaching $0.50 would need about 770% from today’s price. The scenario assumes stronger retail interest and steady market growth.
A base case points to $0.12–$0.25, while a bearish case sits at $0.03–$0.07. The base case would need DOGE to reclaim several resistance levels. A $1 price would need roughly 1,639% in gains and a market cap above $150 billion.
On November 13, 24/7 Wall St. projected DOGE near $0.08 by the end of 2027. Its range runs from $0.05 to $0.16. The same outlook says the recovery path remains uncertain.
As of November 15, the weekly chart still leans bearish. Price sits at $0.0575.
