NewsBTC
Jan 21, 2026
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Dogecoin Drops Below Key Support, Faces Resistance at $0.130

Dogecoin Price Analysis

  • DOGE experienced a decline below the $0.1200 level against the US Dollar.
  • The price is trading under $0.1280 and the 100-hourly simple moving average.
  • A bearish trend line with resistance at $0.130 is forming on the hourly chart of DOGE/USD.
  • The price might extend losses if it remains below $0.1300 and $0.1320.

Current Price Movement

  • Dogecoin fell below the $0.1280 and $0.1220 support levels, hitting a low near $0.1155.
  • There was a brief recovery above $0.120, climbing past the 23.6% Fib retracement level from $0.1512 to $0.1155.
  • Resistance levels are at $0.1280, $0.130, and $0.1330 (50% Fib retracement).
  • If DOGE can close above $0.1330, potential targets include $0.1375 and $0.140.

Dogecoin Price

Potential Decline

  • If DOGE fails to break above $0.1300, further declines are possible.
  • Support levels are at $0.1215, $0.1200, and main support at $0.1150.
  • A break below $0.1150 could lead to a drop toward $0.1120 or $0.1050.

Technical Indicators

  • Hourly MACD: Losing momentum in the bearish zone.
  • Hourly RSI: Below the 50 level.
  • Major Support Levels: $0.1215 and $0.1200.
  • Major Resistance Levels: $0.1300 and $0.1330.