Search





Search





NewsCryptocurrencies

Dogecoin (DOGE) Rebound Hits Resistance, Raising Fresh Rejection Risks

NewsBTCDec 23, 2025 5:25 AM

View all comments（0）



Dogecoin started a steady increase above $0.130 against the US Dollar. DOGE is now consolidating and might decline if it trades below $0.1275.

DOGE price started a fresh increase above $0.1280 and $0.130.
The price is trading above the $0.130 level and the 100-hourly simple moving average.
There is a bullish trend line forming with support at $0.1315 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could aim for a fresh increase if it remains stable above $0.1280.

Dogecoin Price Consolidates Gains

Dogecoin price started a fresh increase after it settled above $0.1280, like Bitcoin and Ethereum. DOGE climbed above the $0.130 resistance to enter a positive zone.

The bulls were able to push the price above $0.1320. A high was formed at $0.1352 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.1198 swing low to the $0.1352 high.

Dogecoin price is now trading below the $0.130 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.1315 on the hourly chart of the DOGE/USD pair.

If there is another increase, immediate resistance on the upside is near the $0.1350 level. The first major resistance for the bulls could be near the $0.1380 level. The next major resistance is near the $0.1420 level. A close above the $0.1420 resistance might send the price toward $0.1460. Any more gains might send the price toward $0.150. The next major stop for the bulls might be $0.1550.

Downside Break In DOGE?

If DOGE’s price fails to climb above the $0.1350 level, it could start a downside correction. Initial support on the downside is near the $0.1310 level and the trend line. The next major support is near the $0.1275 level and the 50% Fib retracement level of the upward move from the $0.1198 swing low to the $0.1352 high.

The main support sits at $0.1235. If there is a downside break below the $0.1235 support, the price could decline further. In the stated case, the price might slide toward the $0.1220 level or even $0.120 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1310 and $0.1275.

Major Resistance Levels – $0.1350 and $0.1380.

Reviewed byHuanyao Fang

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Today’s Market Recap:Optimism over US-Iran Talks Drives US Stock Futures Higher, Crude Oil Plunges 6%

TradingKey - Stock futures jumped on Monday night as oil prices slid and hope grew that a resolution to the U.S.-Iran war was within reach.

U.S.-Iran Draft Agreement Reached. Strait of Hormuz to Be Reopened, Two Major Crudes Plunge 7% in Short Term

Tradingkey - Arab media reports that a draft agreement has been reached between the U.S. and Iran, causing the two major crude oil futures to plunge in the short term. WTI crude futures dropped by over 7% at one point to $89.65 per barrel, while Brent crude futures also fell by more than 7% to $93.2

Trump Talks Tough to Iran and Multiple Middle East Countries. Pushing Middle East “Grand Alliance” to Sign Abraham Accords; Three Major US Index Futures Surge Across the Board

Tradingkey - The three major U.S. stock index futures recorded significant gains, with Dow Jones futures up 0.91% at 51,121, S&P 500 futures up 0.91% at 7,559, and Nasdaq 100 futures jumping 1.32% to 29,949. In his latest post on Truth Social, Donald Trump stated that he is using negotiations with Iran as leverage to demand that multiple countries in the Middle East and surrounding regions sign the Abraham Accords, in an attempt to forge an unprecedented Middle East grand alliance that includes Iran.

HBM4 Capacity Doubles, HBM4E Orders Shift to TSMC, Can Micron Shares Break $1,000?

TradingKey — According to a report by South Korean media outlet THE ELEC on Monday, Micron Technology (MU) is ramping up production capacity for its sixth-generation High Bandwidth Memory (HBM4) twice as fast as its 12-layer HBM3 products, with simultaneous yield improvements. Meanwhile, Micron has transitioned the manufacturing of base dies for its next-generation HBM4E to TSMC, with mass production planned for 2027. Market expectations for Micron have shifted from being "excluded from Nvidia's (NVDA) supply chain" three months ago to becoming a "key supplier" today. Market focus now centers on whether this reversal can propel Micron's stock price past $1,000.

SpaceX June Listing Ignites Capital Frenzy, Space ETFs Attract $1.3 Billion in One Month, What Space ETFs Can Ordinary Investors Choose?

TradingKey — With Elon Musk’s SpaceX set to launch its IPO in mid-June, the space economy theme is becoming the new favorite of global capital markets, with related exchange-traded funds (ETFs) experiencing explosive growth.

Featured Tools