{"id":3075,"date":"2025-02-21T06:00:22","date_gmt":"2025-02-21T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-flatlines-is-a-breakout-or-breakdown-coming\/"},"modified":"2025-02-21T06:00:22","modified_gmt":"2025-02-21T06:00:22","slug":"dogecoin-doge-flatlines-is-a-breakout-or-breakdown-coming","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-flatlines-is-a-breakout-or-breakdown-coming\/","title":{"rendered":"Dogecoin (DOGE) Flatlines\u2014Is a Breakout or Breakdown Coming?"},"content":{"rendered":"<p><em>Dogecoin started a fresh decline below the $0.2620 zone against the US Dollar. DOGE is now consolidating and struggling to clear the $0.2550 resistance.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh decline below the $0.270 and $0.2620 levels.<\/li>\n<li>The price is trading below the $0.2580 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $0.2540 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 $0.2550 and $0.2620 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Struggles To Gain Pace<\/h2>\n<p>Dogecoin price started a fresh decline below the $0.2750 zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.270 and $0.2620 support levels. It even spiked below $0.2550.<\/p>\n<p>A low was formed at $0.2420 and the price is now attempting to recover. There was a move above the 23.6% Fib retracement level of the downward move from the $0.2830 swing high to the $0.2420 low. There was also a break above a connecting bearish trend line with resistance at $0.2540 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>However, the pair is struggling to settle above the $0.2550 resistance level. Dogecoin price is now trading below the $0.2540 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2550 level.<\/p>\n<p>The first major resistance for the bulls could be near the $0.2625 level or the 50% Fib retracement level of the downward move from the $0.2830 swing high to the $0.2420 low. The next major resistance is near the $0.2720 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-700567\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Doegcoin-DOGE_f53e80.png?resize=1024%2C478\" alt=\"Dogecoin Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>A close above the $0.2720 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 $0.2550 level, it could start another decline. Initial support on the downside is near the $0.2500 level. The next major support is near the $0.2450 level.<\/p>\n<p>The main support sits at $0.2420. If there is a downside break below the $0.2420 support, the price could decline further. In the stated case, the price might decline toward the $0.2350 level or even $0.2220 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.2500 and $0.2420.<\/p>\n<p>Major Resistance Levels \u2013 $0.2550 and $0.2620.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh decline below the $0.2620 zone against the US Dollar. DOGE is now consolidating and struggling to clear the $0.2550 resistance. DOGE price started a fresh decline below the $0.270 and $0.2620 levels. The price is trading below the $0.2580 level and the 100-hourly simple moving average. There was a break above&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3076,"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-3075","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\/3075","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=3075"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3076"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}