{"id":120735,"date":"2025-12-16T05:48:28","date_gmt":"2025-12-16T05:48:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=120735"},"modified":"2025-12-16T05:48:28","modified_gmt":"2025-12-16T05:48:28","slug":"dogecoin-doge-under-heavy-pressure-is-a-bottom-in-sight","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=120735","title":{"rendered":"Dogecoin (DOGE) Under Heavy Pressure\u2014Is a Bottom in Sight?"},"content":{"rendered":"

Dogecoin started a fresh decline below the $0.1320 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1350.<\/em><\/p>\n

DOGE price started a fresh decline below the $0.1320 level.
\nThe price is trading below the $0.1300 level and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $0.1340 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could extend losses if it stays below $0.1340 and $0.1350.<\/p>\n

Dogecoin Price Dips Again<\/h2>\n

Dogecoin price started a fresh decline after it closed below $0.1380, like Bitcoin<\/a> and Ethereum<\/a>. DOGE declined below the $0.1350 and $0.1340 support levels.<\/p>\n

The price even traded below $0.130. A low was formed near $0.1266, and the price is now showing bearish signs. It is consolidating below the 23.6% Fib retracement level of the downward move from the $0.1530 swing high to the $0.1266 low.<\/p>\n

Dogecoin price is now trading below the $0.1300 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1325 level. The first major resistance for the bulls could be near the $0.1340 level. There is also a key bearish trend line forming with resistance at $0.1340 on the hourly chart of the DOGE\/USD pair.<\/p>\n

<\/a><\/p>\n

The next major resistance is near the $0.1400 level and the 50% Fib retracement level of the downward move from the $0.1530 swing high to the $0.1266 low. A close above the $0.1400 resistance might send the price toward the $0.1450 resistance. Any more gains might send the price toward the $0.1500 level. The next major stop for the bulls might be $0.1550.<\/p>\n

More Losses In DOGE?<\/h2>\n

If DOGE\u2019s price fails to climb above the $0.1350 level, it could continue to move down. Initial support on the downside is near the $0.1280 level. The next major support is near the $0.1250 level.<\/p>\n

The main support sits at $0.120. If there is a downside break below the $0.120 support, the price could decline further. In the stated case, the price might slide toward the $0.1050 level or even $0.10 in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.1280 and $0.1250.<\/p>\n

Major Resistance Levels \u2013 $0.1340 and $0.1350.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline below the $0.1320 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1350. DOGE price started a fresh decline below the $0.1320 level. The price is trading below the $0.1300 level and the 100-hourly simple moving average. There is a key bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":120736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-120735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120735"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=120735"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/120736"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}