{"id":129337,"date":"2026-01-23T05:08:56","date_gmt":"2026-01-23T05:08:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=129337"},"modified":"2026-01-23T05:08:56","modified_gmt":"2026-01-23T05:08:56","slug":"dogecoin-doge-positive-indicators-emerge-but-recovery-still-fragile","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=129337","title":{"rendered":"Dogecoin (DOGE) Positive Indicators Emerge, But Recovery Still Fragile"},"content":{"rendered":"

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.<\/em><\/p>\n

DOGE price started a recovery wave from $0.1150 and climbed above $0.120.
\nThe price is trading below the $0.130 level and the 100-hourly simple moving average.
\nThere 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).
\nThe price could continue to move up if it stays above $0.120.<\/p>\n

Dogecoin Price Faces Resistance<\/h2>\n

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

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.<\/p>\n

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.<\/p>\n

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

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.<\/p>\n

Another Decline In DOGE?<\/h2>\n

If DOGE\u2019s 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.<\/p>\n

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.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now losing 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 $0.1200 and $0.1150.<\/p>\n

Major Resistance Levels \u2013 $0.1280 and $0.1330.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":129338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-129337","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\/129337"}],"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=129337"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/129338"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}