NewsBTC
Sep 22, 2025
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Dogecoin Declines Below $0.2650 Amid Bearish Market Trend

Dogecoin (DOGE) is experiencing a decline against the US Dollar, trading below $0.2650 and currently consolidating with potential further dips below $0.2450.

  • DOGE price has fallen below $0.2620 and is trading under the $0.260 level and 100-hourly simple moving average.
  • A bearish trend line is forming with resistance at $0.2550 on the hourly chart of the DOGE/USD pair.
  • The price could initiate an upward move if it remains above the $0.2450 zone.

Key Observations

  • A recent close below $0.2720 initiated the decline, similar to movements in Bitcoin and Ethereum.
  • Support levels have been breached at $0.2620 and $0.2550.
  • Immediate resistance for recovery is around $0.2520, with major resistances at $0.2550 and $0.2720.
  • If resistance at $0.2720 is surpassed, the price might approach $0.280 or even $0.2880.

Dogecoin Price

Potential Downward Movement

  • If DOGE cannot overcome the $0.2550 resistance, further declines are possible.
  • Initial support lies near $0.2450, followed by $0.2320.
  • Major support is at $0.2250; a break below may lead to prices near $0.2120 or $0.2050.

Technical Indicators

  • Hourly MACD: Gaining momentum in the bearish zone.
  • Hourly RSI: Below the 50 level.
  • Major Support Levels: $0.2450 and $0.2320.
  • Major Resistance Levels: $0.2550 and $0.2720.