Dogecoin Hovers Around Range Lows as Market Evaluates Persistent Demand Zone
Dogecoin's Price Action: Dogecoin is currently trading near $0.1388, having revisited a well-defined demand area, with market behavior indicating stabilization after a recent sell-off.
Market Dynamics: The price has oscillated within a defined range, with responsive buying at the lower boundary and steady distribution at the upper band, reflecting a balanced market rather than a clear directional trend.
Intraday Movements: Recent intraday trading showed a brief sell-off followed by consolidation, with price movements indicating responsive demand rather than panic, as Dogecoin ranged between $0.1348 and $0.1413.
Derivatives Insights: Dogecoin's derivatives data shows a neutral funding rate and declining open interest, suggesting a lack of aggressive bearish positioning and indicating a balanced market environment ahead of potential volatility.
Get Real-Time Alerts for Any Crypto Movement
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 | 0.0457 | 0.0629 | 0.0817 | 0.0988 | 0.118 | 0.135 | 0.154 |
| Fibonacci | 0.0629 | 0.0766 | 0.0851 | 0.0988 | 0.113 | 0.121 | 0.135 |
About DOGE
About the author







