SPACE DOGE priceDOGE

Dogecoin (DOGE) closed last week on a bullish note after testing critical technical levels that could define its next directional move. The weekly chart on Binance (DOGE/USDT) reveals that DOGE is currently trading just above the significant 0.786 Fibonacci retracement level at $0.167. This retracement is drawn from the all-time low at $0.0805 to the peak of $0.4844. Dogecoin Reversal Confirmed? A notable technical development is the interaction with a long-standing descending trendline, extending from the May 2021 all-time high. DOGE recently retested this trendline as support after breaking above it in November 2024. Dogecoin price Last week’s candle printed a Hammer-like formation, characterized by a small real body near the top of the range and a significantly longer lower shadow. While the candle also displays a modest upper wick, the dominance of the lower shadow signals that buyers absorbed aggressive sell pressure below the trendline and pushed the price back above the 0.786 Fibonacci level – a strong bullish signal. However, this week could be as important as last week. A weekly close above $0.167 seems essential to confirm the momentum. Otherwise, another test of the multi-year trendline could become a make-or-break moment for the Dogecoin price. Notably, momentum indicators remain neutral to bearish. The weekly Relative Strength Index (RSI) closed around 39, reflecting subdued buying strength and highlighting that DOGE is still operating below the neutral 50 mark. The Exponential Moving Averages (EMAs) are providing layered resistance above the current price. The 100-week EMA lies at $0.17284, positioned just above DOGE’s current range, while the 50-week EMA is located at $0.21427. The 20-week EMA, the more immediate resistance during previous rallies, now sits at $0.24805. Support is reinforced at the 200-week EMA around $0.13621, a level that would likely serve as a last line of defense should DOGE crash below the multi-year trendline. Price action in recent weeks also shows DOGE breaking down from a bearish flag or channel formation, with the breakdown accelerating toward the confluence of the 0.786 Fibonacci level and the descending trendline retest. Despite this, the market responded with strong buying interest in the highlighted red support zone. On-chain data further contextualizes the recent price action. Analytics firm Santiment reported via X today that Dogecoin, like most meme coins, has been heavily impacted during the ongoing two-month market-wide retracement. However, Santiment pointed out a bullish divergence on the network side. The firm states: “Dogecoin, like most meme coins, have been hammered during the 2-month crypto-wide retrace. However, we recommend keeping an eye on the rising level of wallets holding at least 1M $DOGE, which has recovered during the price dump. Active addresses are also at 4-month highs.” Dogecoin active addresses Adding to this sentiment, crypto analyst Daan Crypto Trades commented via X: “DOGE similar to PEPE but has already retaken the Election level after sweeping it. I think these are key levels to keep watching on a lot of these alts. A sweep & retake signals some short term relief and these levels can offer a clean invalidation level afterwards.” Dogecoin price analysis This aligns with the technical observation that DOGE’s recent price action may represent a sweep of liquidity below a key level, followed by a recovery above support — a typical short-term bullish reversal pattern in crypto markets$DOGE

🔄 Crypto Price Update ⏰ 2025-03-19 06:01:32 UTC 🏆 Main Cryptos: BTC: $83,730.02 ETH: $2,000.43 BNB: $605.820 SOL: $127.390 👥 Popular Altcoins: FIL: $2.973 SHIB: $0.000013 PEPE: $0.000007 AI: $0.190200 FET: $0.538100 🚀 Potential Altcoins (CS Picks): XRP: $2.326 SUI: $2.347 ADA: $0.718100 FTM: $0.518800 DOGE: $0.169600 ZRO: $2.439

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Dogecoin (DOGE) Shows Uptrend, Trading at $0.16968 Dogecoin ($DOGE ) has gained positive momentum, currently trading at $0.16968, reflecting a 2.09% increase over the past 24 hours. The meme cryptocurrency reached a 24-hour high of $0.17182 and a low of $0.16290, showcasing volatility within the market. With a 24-hour trading volume of 153.04M DOGE and a turnover of $25.6M USDT, Dogecoin remains actively traded among investors. DOGE has been on an upward trajectory, driven by increased adoption, social media hype, and overall market optimism. The volume indicators (MA5 at 8.02M and MA10 at 5.67M) suggest that buying interest is strengthening, pushing prices higher. Currently, DOGE is facing short-term resistance near $0.172, where selling pressure could emerge. A successful breakout above this level may open doors for further gains toward $0.175 and beyond. However, if DOGE retraces, support at $0.163 could provide a cushion for buyers. Traders and investors should keep an eye on market trends, news, and social media influence, as Dogecoin remains highly reactive to external factors. With continued community engagement and increasing adoption, DOGE may see further price appreciation in the near future.

Bitcoin dominance is plunging! The altcoin market is waking up, and the signs couldn’t be clearer. Money is rotating. Momentum is shifting. Altcoin season is here. Are you positioned, or will you miss it again? $BTC $ETH $BGB $BGSOL $SOL $PEPE $DOGE