Dogecoin (DOGE) Positive Indicators Emerge, But Recovery Still Fragile

2026-1-23 08:08

Dogecoin started a recovery wave above the $0.120 zone against the US Dollar. DOGE is now facing hurdles near $0.1280 and might struggle to continue higher.

DOGE price started a recovery wave from $0.1150 and climbed above $0.120. The price is trading below the $0.130 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1240 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.120. Dogecoin Price Faces Resistance

Dogecoin price started a recovery wave from the $0.1150 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.1180 and $0.120 resistance levels.

There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1154 low. Besides, there was a break above a key bearish trend line with resistance at $0.1240 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.130 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1260 level. The first major resistance for the bulls could be near the $0.1285 level.

The next major resistance is near the $0.1330 level and the 50% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1154 low. A close above the $0.1330 resistance might send the price toward the $0.1420 resistance. Any more gains might send the price toward the $0.150 level. The next major stop for the bulls might be $0.1550.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.1280 level, it could continue to move down. Initial support on the downside is near the $0.1230 level. The next major support is near the $0.120 level.

The main support sits at $0.1150. If there is a downside break below the $0.1150 support, the price could decline further. In the stated case, the price might slide toward the $0.1080 level or even $0.1050 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.1200 and $0.1150.

Major Resistance Levels – $0.1280 and $0.1330.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Recovery Right Tokens (RRT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 RRT

recovery doge wave dogecoin started 1280 near

Источник: newsbtc.com

recovery doge → Результатов: 126


January 2026 Dogecoin price forecast: oversold condition hints at a possible recovery

Dogecoin (DOGE) is entering January 2026 in a state of consolidation, with prices hovering around $0.1218 amid lingering volatility. After a challenging three-month period that saw the cryptocurrency drop more than 50%, analysts suggest that DOGE may be poised for a technical recovery if key support levels hold and bullish momentum returns. Short-term bounce or […]

2026-1-1 19:25


DOGE, Pepe, Remittix? which of these could turn $1,000 into $20,000 in 2025

Investors are hunting for the next big crypto winner in 2025, weighing established names like Dogecoin and meme coins like Pepe against utility-driven newcomers like Remittix (RTX). The question remains: which could transform a $1,000 investment into $20,000 this year? Dogecoin shows early signs of recovery Dogecoin’s latest news highlights that DOGE is currently trading […]

2025-8-30 13:58


Whale accumulation drives DOGE’s V-shaped recovery but this competitor is the next crypto to hit $1

Significant whale accumulation is powerfully driving a notable V-shaped recovery for Dogecoin. This memecoin has remarkably rebounded from its $0. 21 lows, consequently surging past $0. 22.   Large investors have accumulated over 680 million DOGE throughout August, effectively countering considerable retail selling pressure.

2025-8-25 11:03


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru