NewsBTC
Jan 29, 2026
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BEARISH 📉 : Dogecoin price drops below key support amid bearish trend

Dogecoin Price Analysis

  • DOGE experienced a downside correction from $0.1275, now trading below $0.1225 and the 100-hourly SMA.
  • A break occurred below a bullish trend line at $0.1245 on the DOGE/USD hourly chart.
  • The price holds above the $0.120 support level but may decline further if this support fails.
  • Immediate resistance levels are at $0.1235, with major resistances at $0.1250 and $0.1275.
  • If DOGE remains stable above $0.1200, it could aim for an increase; otherwise, it risks dropping to $0.1150 or even lower.

Dogecoin Price

Technical Indicators

  • MACD for DOGE/USD is in the bearish zone, showing downward momentum.
  • RSI for DOGE/USD is below 50, indicating potential weakening.
  • Key support levels: $0.1200 and $0.1150.
  • Key resistance levels: $0.1250 and $0.1275.