Dogecoin Holds Key Support Level as ETF Inflows Surge
- Price Support Solidified: Dogecoin's price has stabilized at $0.1397, remaining above the crucial support level of $0.1153, despite a decline of over 70% from its 2025 peak, indicating a potential for market sentiment improvement.
- Surge in ETF Inflows: Over the past week, Dogecoin ETFs saw inflows exceeding $1.94 million, with monthly inflows reaching $4.23 million, marking the largest monthly increase ever, reflecting a resurgence of investor interest that could drive prices higher.
- Technical Analysis Signals: According to Elliott Wave analysis, Dogecoin has completed the AB, BC, and CD phases and is now entering the DE phase; if it successfully breaks the initial target of $0.3068, it could achieve a 117% increase, with a further target of $0.4788 representing a 235% rise.
- Market Risk Warning: A drop below the lower channel will invalidate the Elliott Wave pattern, potentially leading to further declines, thus investors should closely monitor market dynamics to mitigate risks.
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Technical Analysis for DOGE
Technical Sentiment Analysis for Dogecoin (DOGE) As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dogecoin (DOGE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0455 | 0.0628 | 0.0815 | 0.0987 | 0.117 | 0.135 | 0.153 |
| Fibonacci | 0.0628 | 0.0765 | 0.085 | 0.0987 | 0.112 | 0.121 | 0.135 |
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