Jan 30, 2026
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BEARISH 📉 : Dogecoin faces resistance, stalling potential 402% price surge
Crypto analyst Javon Marks discusses Dogecoin's current resistance level, impacting its potential 402% rally. Key points include:
- Dogecoin is holding above a "resisting trend break," after a prolonged downtrend.
- The critical resistance level is identified at $0.6533, 402% above the current price.
- Marks notes that higher lows on the chart indicate resilience against selling pressure.
- If Dogecoin surpasses $0.6533, the next target could be $1.25111.
Separately, analyst Bitguru observes Dogecoin forming a base after a recent drop, suggesting stabilization:
- Dogecoin has been compressing near lows with a long consolidation range.
- This pattern may indicate fading selling pressure and a market reset.
- Post-consolidation, DOGE's price might rise from $0.11 to $0.20.
Both analysts highlight Dogecoin's potential for significant price movement if specific conditions are met.