{"id":49675,"date":"2025-03-05T05:08:40","date_gmt":"2025-03-05T05:08:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=49675"},"modified":"2025-03-05T05:08:40","modified_gmt":"2025-03-05T05:08:40","slug":"dogecoin-doge-attempts-rebound-will-recovery-gain-momentum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=49675","title":{"rendered":"Dogecoin (DOGE) Attempts Rebound\u2014Will Recovery Gain Momentum?"},"content":{"rendered":"

Dogecoin started a fresh decline below the $0.2150 zone against the US Dollar. DOGE tested $0.1820 and is now consolidating below the $0.2150 resistance.<\/em><\/p>\n

DOGE price started a fresh decline below the $0.2150 and $0.2100 levels.
\nThe price is trading below the $0.2100 level and the 100-hourly simple moving average.
\nThere was a break above a connecting bearish trend line with resistance at $0.1900 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a recovery if it clears the $0.2050 and $0.2120 resistance levels.<\/p>\n

Dogecoin Price Eyes Recovery<\/h2>\n

Dogecoin price started a fresh decline below the $0.2150 zone, like Bitcoin<\/a> and Ethereum<\/a>. DOGE dipped below the $0.2050 and $0.200 support levels. It even spiked below $0.1880.<\/p>\n

A low was formed at $0.1826 and the price is now consolidating losses. There was a move above the $0.1950 level. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $0.2421 swing high to the $0.1826 low.<\/p>\n

There was also a break above a connecting bearish trend line with resistance at $0.1900 on the hourly chart of the DOGE\/USD pair. Dogecoin price is now trading below the $0.2150 level and the 100-hourly simple moving average.<\/p>\n

Immediate resistance on the upside is near the $0.2050 level. The first major resistance for the bulls could be near the $0.2120 level and the 50% Fib retracement level of the downward move from the $0.2421 swing high to the $0.1826 low.<\/p>\n

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

The next major resistance is near the $0.2195 level. A close above the $0.2195 resistance might send the price toward the $0.2220 resistance. Any more gains might send the price toward the $0.2350 level. The next major stop for the bulls might be $0.2420.<\/p>\n

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

If DOGE\u2019s price fails to climb above the $0.2050 level, it could start another decline. Initial support on the downside is near the $0.1950 level. The next major support is near the $0.1920 level.<\/p>\n

The main support sits at $0.1820. If there is a downside break below the $0.1820 support, the price could decline further. In the stated case, the price might decline toward the $0.1740 level or even $0.1650 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 $0.1950 and $0.1820.<\/p>\n

Major Resistance Levels \u2013 $0.2050 and $0.2120.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline below the $0.2150 zone against the US Dollar. DOGE tested $0.1820 and is now consolidating below the $0.2150 resistance. DOGE price started a fresh decline below the $0.2150 and $0.2100 levels. The price is trading below the $0.2100 level and the 100-hourly simple moving average. There was a break above […]<\/p>\n","protected":false},"author":0,"featured_media":49676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-49675","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\/49675"}],"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=49675"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/49675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/49676"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}