NewsBTC
Jan 6, 2026
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Dogecoin Price Surges Above $0.150 with Bullish Trend Line Forming

Dogecoin Price Analysis

  • DOGE started a significant increase above $0.1450 and $0.150, currently trading above $0.150.
  • A bullish trend line is forming with support at $0.150 on the hourly chart from Kraken data.
  • If DOGE remains stable above $0.1450, it could aim for further increases.

Current Market Situation

  • Price settled above $0.1320, entering a positive zone similar to [Bitcoin](https://holder.io/coins/btc/) and [Ethereum](https://holder.io/coins/eth/).
  • The price reached a high of $0.1541, correcting slightly towards the 23.6% Fib retracement level.
  • Immediate resistance levels are near $0.1540 and $0.1550, with major resistance at $0.1620.
  • A close above $0.1620 might push the price toward $0.1750 and possibly $0.180 or $0.1840.

Dogecoin Price

Potential Downside Risks

  • Failure to climb above $0.1550 could lead to a downside correction.
  • Initial support is around $0.150 and the trend line, with major support at $0.145.
  • A break below $0.1420 could result in a decline to $0.1350 or $0.1320.

Technical Indicators

  • Hourly MACD shows momentum in the bullish zone.
  • Hourly RSI is above the 50 level.
  • Major Support Levels: $0.150 and $0.1450
  • Major Resistance Levels: $0.1540 and $0.1550