Will the price of Dogecoin reach $0.9? Below are the important levels to follow in the future.

The price of Dogecoin (DOGE) is currently fluctuating around the support level of $0.20, after bouncing back from a long term support level. Analyst Ali Martinez shared key price levels at $0.29, $0.45, and $0.86 on platform X, in the context of new filings from the SEC of 21Shares and the government shutdown vote in Washington creating a notable fundamental backdrop.

Dogecoin price holds a crucial support level

Analyst Martinez stated that DOGE has respected the lower boundary of a rising price channel. This price channel describes parallel lines that often contain fluctuations in trending markets.

He has identified three price check points for Dogecoin, which traders often see as reaction areas. These levels are near $0.29, $0.45, and $0.86 on his chart.

Analysts believe that this bounce back is significant as it maintains a series of higher lows. This series indicates the continuation of buying in the context of other altcoins experiencing price declines.

This development also comes after a challenging month for Dogecoin, as the price of DOGE has still recorded a loss of nearly 24% during that time.

Compared to a 24% decrease last month, the fluctuations in the last 24 hours show an increase of about 6%. Meanwhile, the decrease over the past week has nearly reached 5%.

This structure aligns with a bounce back effort in an established uptrend channel. Traders often look for higher highs after such support level defenses.

Martinez's viewpoint indicates that the growth path will occur in a calculated manner, rather than a sudden price surge. Each checkpoint needs to be confirmed through price behavior and market participation.

Support level of Dogecoin to pay attention to

Martinez's chart has linked short-term resistance with Fibonacci areas for Dogecoin prices. Fibonacci regression and extension tools help estimate the corresponding decreases and increases in trends.

These levels support traders in visualizing scenarios rather than making absolute predictions. Reactions around these levels often reveal the strength of participation and the market's dynamics.

Analysts consider $0.20 as the immediate pivot point. Holding the price above this level will ensure that the bounce back is maintained. They are first monitoring the $0.29 level as it is close to the previous supply. A close above this area will shift the focus to $0.45.

A sustainable rally towards $0.86 would represent a long-term target for the price of DOGE. This level is above Dogecoin's previous record of nearly $0.74, set in the previous cycle.

Observers believe that a strong breakout will require an increase in trading volume. They prioritize actual trading-driven rallies over leverage-induced spikes.

The middle line of the channel also plays an important role during price increases. Trading on the middle line often signals stronger demand compared to supply.

On the bearish side, analysts point out that the $0.16 area is a key support level for Dogecoin. This area has previously attracted accumulation during pullbacks.

The loss of $0.16 will complicate the dynamics of the channel. In that case, technical experts will readjust the support levels and reassess the bounce back.

The market structure still supports a step-by-step approach. Traders often raise their targets one level at a time.

They look for tight pullbacks and quickly bounce back after declines. These behaviors often occur in healthy trend continuations. They also monitor whether previous resistances turn into supports during retests. This transition often confirms breakouts when prices rise step by step.

What could strengthen the price of DOGE in 2026?

The policy context also shapes expectations. USA Today's article on the shutdown detailed the state of negotiations and the voting path in Washington.

Analysts believe that a solution will allow agencies, including the U.S. Securities and Exchange Commission (SEC), to bounce back to normal working procedures.

An active SEC will have significant implications for pending cryptocurrency ETF proposals. The amended S-1/A filing of 21Shares for the Dogecoin ETF has signaled ongoing product development.

If this agency continues to review after a funding agreement, decisions regarding the ETF may follow. This chain of events often affects liquidity and sentiment on major tokens.

Traders see such developments as potential catalysts, not guarantees. They still need confirmation from price action and volume.

A green signal from regulation will not replace technical confirmation for the price of Dogecoin. The market still needs closing levels above the outlined checkpoints.

In fact, a construction path seems simple. First, protect the recent higher low within the channel. Second, reclaim and hold above $0.29 with improved participation.

Thirdly, shift the focus to $0.45 and then to $0.86 if the momentum is maintained. This sequence of events aligns with the stair-step pattern that Martinez has outlined. It also respects the previous congestion that has marked the supply in previous fluctuations.

Analysts remind readers that the all-time high of Dogecoin is near $0.74. Therefore, a movement towards $0.86 would surpass the previous record.

This channel provides a convenient roadmap. The lower rail determines the risk, the middle line measures the health of the trend, and the upper rail frames the ambition.

If the voting stops the restoration of normal agency operations, the SEC may resume activities. In that case, the ETF results will be included in the technical checklist.

If these policy steps are stalled, the chart will still determine the rules. Support, resistance, and participation will adjust the path.

Currently, there is evidence supporting a secure platform and a calculated growth process. The market still needs confirmation at each step rather than a single jump.

A clear closing above the first checkpoint will simplify the outlook for Dogecoin. Maintaining this increase will determine whether higher targets are activated.

A failure to bounce back through the support level will delay that path for DOGE prices. Analysts will then reassess the structure and adjust the levels.

Therefore, the road to 2026 is still conditional but has been mapped out. Price, volume, and policy timing will determine whether the recovery matures into a trend.

Mr. Giáo