{"id":2886,"date":"2025-02-11T06:00:24","date_gmt":"2025-02-11T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-drifts-sideways-will-bulls-step-up-to-the-challenge\/"},"modified":"2025-02-11T06:00:24","modified_gmt":"2025-02-11T06:00:24","slug":"dogecoin-doge-drifts-sideways-will-bulls-step-up-to-the-challenge","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-drifts-sideways-will-bulls-step-up-to-the-challenge\/","title":{"rendered":"Dogecoin (DOGE) Drifts Sideways\u2014Will Bulls Step Up to the Challenge?"},"content":{"rendered":"<p><em>Dogecoin started a recovery wave above the $0.250 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2655.<\/em><\/p>\n<ul>\n<li>DOGE price started a recovery wave above the $0.2500 and $0.2520 levels.<\/li>\n<li>The price is trading above the $0.250 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $0.2515 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could start another increase if it clears the $0.260 and $0.2655 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Faces Resistance<\/h2>\n<p>Dogecoin price started a fresh decline from the $0.2940 resistance zone, like Bitcoin and Ethereum. DOGE dipped below the $0.280 and $0.2655 support levels. It even spiked below $0.250.<\/p>\n<p>A low was formed at $0.2388 and the price is now rising. There was a move above the 23.6% Fib retracement level of the downward wave from the $0.2933 swing high to the $0.2388 low. The price even cleared the $0.2500 resistance level.<\/p>\n<p>There was a break above a connecting bearish trend line with resistance at $0.2515 on the hourly chart of the DOGE\/USD pair. Dogecoin price is now trading above the $0.250 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.260 level.<\/p>\n<p>The first major resistance for the bulls could be near the $0.2655 level or the 50% Fib retracement level of the downward wave from the $0.2933 swing high to the $0.2388 low. The next major resistance is near the $0.2725 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-693738\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Doegcoin-DOGE_37a06c.png?resize=1024%2C478\" alt=\"Dogecoin Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>A close above the $0.2725 resistance might send the price toward the $0.300 resistance. Any more gains might send the price toward the $0.320 level. The next major stop for the bulls might be $0.3420.<\/p>\n<h2>Another Decline In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.260 level, it could start another decline. Initial support on the downside is near the $0.2520 level. The next major support is near the $0.250 level.<\/p>\n<p>The main support sits at $0.2380. If there is a downside break below the $0.2380 support, the price could decline further. In the stated case, the price might decline toward the $0.2250 level or even $0.2120 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.2520 and $0.2500.<\/p>\n<p>Major Resistance Levels \u2013 $0.2600 and $0.2655.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a recovery wave above the $0.250 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2655. DOGE price started a recovery wave above the $0.2500 and $0.2520 levels. The price is trading above the $0.250 level and the 100-hourly simple moving average. There was a break above a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[63,145,65,146,66,147],"class_list":["post-2886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-doge","tag-doge-btc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=2886"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2887"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}