Dogecoin Maintains $0.208 Support Level as Market Anticipates Next Steps
Current Price Action: Dogecoin (DOGE) is consolidating around the $0.208 support level, having tested it five times, while facing resistance at $0.244 and mid-range levels at $0.218–$0.220.
Market Scenarios: Traders are monitoring potential outcomes, including a breakout above $0.244 for higher targets or a breakdown below $0.206 that could lead to further declines, with $0.208 serving as a critical support level for bullish sentiment.
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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 3 technical signals, shows that 0 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 | 0.0456 | 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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