Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	52,989,967,568	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

52,989,967,568

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0111	3.15%	0.36297	0.36299	0.36303

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0111

3.15%

0.36297

0.36299

0.36303

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.36469	0.34282	0.3527	0.35187	0.077060 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.36469

0.34282

0.3527

0.35187

0.077060 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:03:05	51.40	0.36294	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:03:05

51.40

0.36294

USD

Price x Volume	Volume	Base Symbol	Related Pairs
46,536,171.86	131,346,036.15	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

46,536,171.86

131,346,036.15

Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum

24/01/2025 5:08am

NEWSBTC

Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350. DOGE price started a fresh decline below $0.3880 and $0.3650. The price is trading below the $0.3550 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.3520 and $0.3550 resistance levels. Dogecoin Price Dips To Support Dogecoin price started a fresh decline from the $0.400 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3800 and $0.3650 support levels. It even spiked below $0.350. A low was formed at $0.3416 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.4014 swing high to the $0.3416 low. There is also a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.3550 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3520 level and the trend line. The first major resistance for the bulls could be near the $0.3550 level. The next major resistance is near the $0.3720 level or the 50% Fib retracement level of the downward move from the $0.4014 swing high to the $0.3416 low. A close above the $0.3720 resistance might send the price toward the $0.3860 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3550 level, it could start another decline. Initial support on the downside is near the $0.3420 level. The next major support is near the $0.3380 level. The main support sits at $0.3250. If there is a downside break below the $0.3250 support, the price could decline further. In the stated case, the price might decline toward the $0.3020 level or even $0.300 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.3400 and $0.3380. Major Resistance Levels – $0.3550 and $0.3720.

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

DOGEUSD Dogecoin