{"id":3742,"date":"2025-03-28T06:00:27","date_gmt":"2025-03-28T06:00:27","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-faces-market-correction-will-buyers-step-back-in\/"},"modified":"2025-03-28T06:00:27","modified_gmt":"2025-03-28T06:00:27","slug":"dogecoin-doge-faces-market-correction-will-buyers-step-back-in","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-faces-market-correction-will-buyers-step-back-in\/","title":{"rendered":"Dogecoin (DOGE) Faces Market Correction\u2014Will Buyers Step Back In?"},"content":{"rendered":"<p><em>Dogecoin started a fresh decline from the $0.2050 zone against the US Dollar. DOGE is declining and might test the $0.180 support zone.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh decline below the $0.1980 and $0.1920 levels.<\/li>\n<li>The price is trading above the $0.180 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break below a connecting bullish trend line with support at $0.1950 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could gain bullish momentum if it clears the $0.1940 and $0.1980 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Dips Again<\/h2>\n<p>Dogecoin price started a fresh decline after it failed to clear $0.2050, like Bitcoin and Ethereum. DOGE dipped below the $0.1980 and $0.1920 support levels.<\/p>\n<p>The bears were able to push the price below the 23.6% Fib retracement level of the upward move from the $0.1665 swing low to the $0.2057 high. There was also a break below a connecting bullish trend line with support at $0.1950 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>Dogecoin price is now trading above the $0.180 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1920 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-719777\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Doegcoin-DOGE_804c07.png?resize=1024%2C449\" alt=\"Dogecoin Price\" width=\"1024\" height=\"449\" loading=\"lazy\" \/><\/p>\n<p>The first major resistance for the bulls could be near the $0.1980 level. The next major resistance is near the $0.2050 level. A close above the $0.2050 resistance might send the price toward the $0.2150 resistance. Any more gains might send the price toward the $0.2220 level. The next major stop for the bulls might be $0.2350.<\/p>\n<h2>More Losses In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.1920 level, it could start another decline. Initial support on the downside is near the $0.1860 level and the 50% Fib retracement level of the upward move from the $0.1665 swing low to the $0.2057 high. The next major support is near the $0.1820 level.<\/p>\n<p>The main support sits at $0.1750. If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.170 level or even $0.1650 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 $0.1860 and $0.1820.<\/p>\n<p>Major Resistance Levels \u2013 $0.1920 and $0.1980.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh decline from the $0.2050 zone against the US Dollar. DOGE is declining and might test the $0.180 support zone. DOGE price started a fresh decline below the $0.1980 and $0.1920 levels. The price is trading above the $0.180 level and the 100-hourly simple moving average. There was a break below a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3743,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[63,145,65,146,66,147],"class_list":["post-3742","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\/3742","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=3742"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3743"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}