{"id":67307,"date":"2025-05-19T05:08:39","date_gmt":"2025-05-19T05:08:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67307"},"modified":"2025-05-19T05:08:39","modified_gmt":"2025-05-19T05:08:39","slug":"dogecoin-doge-struggles-to-sustain-gain-as-meme-coin-mania-cools-off","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67307","title":{"rendered":"Dogecoin (DOGE) Struggles to Sustain Gain as Meme Coin Mania Cools Off"},"content":{"rendered":"

Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180.<\/em><\/p>\n

DOGE price started a fresh increase above the $0.220 and $0.230 levels.
\nThe price is trading just below the $0.2250 level and the 100-hourly simple moving average.
\nThere is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a fresh increase if it clears the $0.230 resistance zone.<\/p>\n

Dogecoin Price Faces Rejection<\/h2>\n

Dogecoin price started a fresh increase after it found support near $0.2110, like Bitcoin<\/a> and Ethereum<\/a>. DOGE climbed and recovered above the $0.220 resistance zone.<\/p>\n

The bulls even pushed the price above the $0.2320 resistance zone. However, the bears were active near the $0.2380 level. A high was formed at $0.2378 and the price reacted lower. There was a move below the 50% Fib retracement level of the upward move from the $0.2109 swing low to the $0.2370 high.<\/p>\n

Dogecoin price is now trading just below the $0.2250 level and the 100-hourly simple moving average. However, there is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE\/USD pair.<\/p>\n

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

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

Immediate resistance on the upside is near the $0.2250 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2380 level. A close above the $0.2380 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2720 level. The next major stop for the bulls might be $0.2850.<\/p>\n

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

If DOGE\u2019s price fails to climb above the $0.2320 level, it could start another decline. Initial support on the downside is near the $0.220 level. The next major support is near the $0.2170 level and the 76.4% Fib retracement level of the upward move from the $0.2109 swing low to the $0.2370 high.<\/p>\n

The main support sits at $0.2120. If there is a downside break below the $0.2120 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1880 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 below the 50 level.<\/p>\n

Major Support Levels \u2013 $0.220 and $0.2120.<\/p>\n

Major Resistance Levels \u2013 $0.2320 and $0.2380.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180. DOGE price started a fresh increase above the $0.220 and $0.230 levels. The price is trading just below the $0.2250 level and the 100-hourly simple moving average. There is a connecting bullish […]<\/p>\n","protected":false},"author":0,"featured_media":67308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67307","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\/67307"}],"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=67307"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67308"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}