DOGE Daily Technical Analysis
Dogecoin
A meme-inspired cryptocurrency with a strong community and fast transaction times.
DOGE Technical Analysis Summary
Dogecoin is currently in a confirmed downtrend, trading well below key long-term moving averages like the 200-day SMA. While the price has found temporary footing near 0.113, the technical indicators (RSI and MACD) suggest bearish momentum remains dominant with overhead resistance clustering around 0.134-0.138. A decisive break above the 50-day SMA would be required to shift the immediate outlook to neutral.
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DOGE Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-day SMA and middle Bollinger Band. The RSI is weak at 39.49, indicating bearish momentum without being fully oversold. MACD lines are below zero with the MACD line below the signal line, confirming negative momentum.
Long-term Sentiment (weeks to months): Bearish
Price is trading significantly below the 200-day SMA (0.19131), and the 50-day SMA is sloping downward. The market structure shows a clear series of lower highs and lower lows since the beginning of the year.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T13:02:34.875Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.11 | $0.11 - $0.12 | Strong | Recent swing low and approximate location of the lower Bollinger Band. |
| $0.10 | $0.10 - $0.11 | Weak | Historical consolidation zone visible from October/November. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.14 | $0.13 - $0.14 | Strong | Confluence of the 50-day SMA (0.134) and the 20-day SMA (0.138). |
| $0.16 | $0.16 - $0.16 | Weak | Upper Bollinger Band and previous local breakdown level. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Descending Channel | Bearish | N/A | Price action since January has formed a consistent downtrend defined by lower swing highs and lower swing lows. |
| Weak | Bearish Momentum | Bearish | N/A | MACD lines are positioned below zero and the histogram is negative, indicating sustained selling pressure despite the minor daily bounce. |
Frequently Asked Questions about DOGE
What is the current sentiment for DOGE?
The short-term sentiment for DOGE is currently Bearish because Price is trading below the 20-day SMA and middle Bollinger Band. The RSI is weak at 39.49, indicating bearish momentum without being fully oversold. MACD lines are below zero with the MACD line below the signal line, confirming negative momentum.. The long-term trend is classified as Bearish.
What are the key support levels for DOGE?
StockDips.AI has identified key support levels for DOGE at $0.11 and $0.10. These levels may represent potential accumulation zones where buying interest could emerge.
Is DOGE in a significant dip or a Value Dip right now?
DOGE has a Value Score of 48/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.