• Home
  • Dogecoin Faces Volatility Between $0.18 and $0.29

Dogecoin Faces Volatility Between $0.18 and $0.29

The Most Important Points at a Glance

Dogecoin (DOGE) is currently moving between a support level at $0.18 and a resistance level at $0.29. Technical indicators such as the MACD (Moving Average Convergence Divergence) and the RSI (Relative Strength Index) show a bearish tendency. Despite negative signals, there are signs of increased network activity and purchases by large investors (whales). The coming days could be crucial for the future price development.

Current Price Development of Dogecoin

Dogecoin has shown mixed price movements in recent weeks. After a decline, the current price stands at $0.1681. The daily trading volume is around $844 million, with a slight decrease of 0.43% in the last 24 hours but a recovery of 3.24% over the past week.

Analysts see a potential short-term recovery to $0.29, provided DOGE stays above the 20-day EMA (Exponential Moving Average). If this level is not maintained, a further decline to as low as $0.10 could follow.

Technical Indicators: MACD and RSI

The MACD indicator currently shows a bearish trend. The MACD line is below the signal line, indicating weak buying pressure. Additionally, the histogram remains negative, confirming the downward movement.

alert-circle
You can also find us on Telegram: Click here to follow our Telegram channel.

The RSI is at 36.97, below the neutral mark of 50. If the value falls below 30, it could trigger further selling pressure. An RSI below 40 often indicates sustained market weakness.

Whale Activity and Network Participation

Despite negative technical signals, there is increasing activity in the Dogecoin network. The number of active addresses rose from 150,000 to over 280,000 between March 12 and 14. At the same time, the DOGE price increased from $0.16 to $0.26, indicating rising demand.

Additionally, over 110 million DOGE were purchased by large investors within a week. These purchases led to a short-term price increase, followed by a correction. This could suggest profit-taking or general market adjustments.

Key Resistance and Support Zones

Dogecoin is facing critical price levels:

– **Resistance:** $0.202 (a significant hurdle for further price increases)
– **Support:** $0.18 (crucial for price stabilization)

If DOGE surpasses $0.202, the upward trend could continue. However, falling below the $0.18 mark could lead to further losses.

Our Assessment

Dogecoin is in a critical phase. While technical indicators show a bearish tendency, rising network activity suggests a potential recovery. The key factor will be whether DOGE can break through the $0.29 resistance or falls below the $0.18 support level. In the short term, the market remains volatile, so traders should closely monitor upcoming developments.

Casinos: 44
Profile Dogecoin
Symbol DOGE
Coin type Alt Coin
Transaction Speed Medium
Pros
  • One of the fastest coins for payments
  • Easy entry into the crypto world
Cons
  • As an original Bitcoin parody, offers no technical innovations
Further practical applications
Price $0.18
24h % 4.40 %
7d % 2.96 %
30d % -31.63 %
60d % -56.77 %
1y % 35.49 %
Market Cap $26,128,611,008.00
Official Links
Socials Reddit | X
Best 3 Dogecoin casinos

Latest News

Isabella Brown

Created by

Online Gambling, Greece and my dog Gringo are my three favorite things in my life. Before working for Kryptocasinos.com I was leading the content team of an iGaming Online magazine where I was focused on researching casinos, their licenses and the connection between the members of the industry.
Reviewed by
iGaming expert for > 10 years

Last update: March 20, 2025

kryptocasinos.com Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

🍪
We use cookies. By using this site, you accept them.