Will DOGE Price Continue to Fall? These Levels are Very Critical in DOGE!

  • DOGE is currently struggling to break the $0.0628 resistance.
  • The price is trading below the $0.065 level and the 100 simple moving average (4-hour).
  • The DOGE/USD pair also has an important downward trend line forming a resistance around $0.0635 on the 4-hour chart.

Dogecoin is attempting a recovery above the $0.0585 resistance. If DOGE surpasses the $0.065 resistance zone, it could start an uptrend.

Dogecoin Price Aims for Recovery

After a sharp decline, Dogecoin found support near the $0.0554 level. DOGE formed a base and recently initiated a good recovery towards $0.058, similar to Bitcoin and Ethereum.

A clear move above the $0.0585 resistance zone occurred. Bulls pushed the price above the 23.6% Fib retracement level of the drop from $0.0714 to $0.0554. The price is currently consolidating above the $0.060 level.

DOGE is still trading below the $0.065 level and the 100 simple moving average (4-hour). The DOGE/USD pair also has an important downward trend line forming a resistance around $0.0635 on the 4-hour chart.

On the upside, the price is facing resistance at $0.0628. The first significant resistance level is near $0.0635 and the trend line. This level is close to the 50% Fib retracement level of the drop from $0.0714 to $0.0554.

doge-usd-4

DOGE/USD 4-Hour Price Chart

A close above the $0.0635 resistance could send the price towards the $0.065 resistance. The next significant resistance level is around $0.0675. Further gains could push the price towards $0.070.

Could DOGE Experience More Losses?

If the DOGE price fails to gain momentum above the $0.0635 level, it could continue to decline. The first support level on the downside is near $0.0595.

The next significant support is near $0.0580. If the $0.0585 support is broken downwards, the price could decline further. In this case, the price could drop towards $0.0554.

Technical Indicators

  • 4-Hour MACD – The MACD for DOGE/USD is currently gaining momentum in the bullish zone.
  • 4-Hour RSI (Relative Strength Index) – The RSI for DOGE/USD is currently above the 50 level.
  • Important Support Levels – $0.0595, $0.0580, and $0.0554.
  • Important Resistance Levels – $0.0628, $0.0635, and $0.0650.

BREAKING NEWS

BNB Surges 30 Spots in Global Market Cap to 109th; $184B Valuation and 15.74% 24h Gain

According to COINOTAG News on October 13, citing 8MarketCap...

Steak ‘n Shake Cancels ETH Payments, Suspends Vote to Appease Bitcoin Supporters

COINOTAG News reported on October 13 that U.S. restaurant...

Recall (RECALL) to Debut on Binance Alpha Oct 15, 2025 — RECALL/USDT Perpetual Launches with Up to 50x Leverage

According to an official announcement, Recall (RECALL) will begin...

White House Mulls Pardon for CZ as Binance and Trump Crypto Ties Spark Political Backlash

According to New York Post columnist Charles Gasparino, the...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img