Search





Search





NewsCryptocurrencies

Dogecoin (DOGE) Needs $0.10 Break Or Faces Fresh Downside Move

NewsBTCApr 22, 2026 5:08 AM

View all comments（0）



Dogecoin started a recovery wave above the $0.0940 zone against the US Dollar. DOGE is now facing hurdles near $0.0975 and might struggle to continue higher.

DOGE price started a recovery wave from $0.0925 and climbed above $0.0940.
The price is trading above the $0.0950 level and the 100-hourly simple moving average.
There is a rising channel forming with resistance at $0.0970 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could continue to move up if it stays above $0.0925.

Dogecoin Price Hits Resistance

Dogecoin price started a recovery wave from the $0.0925 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.0935 and $0.0942 resistance levels.

There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1021 swing high to the $0.0926 low. However, the bears remained active near the $0.0970 zone. Besides, there is a rising channel forming with resistance at $0.0970 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading above the $0.0950 level and the 100-hourly simple moving average. If there is another recovery wave, immediate resistance on the upside is near the $0.0970 level. The first major resistance for the bulls could be near the $0.0975 level or the 50% Fib retracement level of the downward move from the $0.1021 swing high to the $0.0926 low.

The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward the $0.1020 resistance. Any more gains might send the price toward the $0.1065 level. The next major stop for the bulls might be $0.1120.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.0975 level, it could continue to move down. Initial support on the downside is near the $0.0950 level. The next major support is near the $0.0932 level.

The main support sits at $0.0925. If there is a downside break below the $0.0925 support, the price could decline further. In the stated case, the price might slide toward the $0.090 level or even $0.0880 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 above the 50 level.

Major Support Levels – $0.0950 and $0.0925.

Major Resistance Levels – $0.0975 and $0.10.

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

Qualcomm Stock Price Prediction: Next-Gen Snapdragon Chips Boost On-Device AI, Can QCOM Stock Continue to Rise?

TradingKey - Qualcomm (QCOM) unveiled the next-generation Snapdragon 8 Elite Gen 6 mobile platform at the 2026 Snapdragon Summit and introduced a higher-performance Extreme version.

US Stocks Diverge as Nasdaq Hits Record High, Dow Drops Nearly 200 Points; Memory Stocks Lead Gains, Micron Rises 5%

U.S. President Trump stated that U.S. officials held a meeting with an Iranian delegation, with falling oil prices driving stocks higher and sending the Nasdaq Composite Index to a record high. Memory stocks led the gains, while bank stocks declined. At the close, the Dow Jones Industrial Average fell 0.36% to 51,863.69; the Nasdaq Composite Index rose 0.45% to 27,244.28; and the S&P 500 Index finished nearly flat at 7,764.64.

Nasdaq Composite Hits Record High; SanDisk Tops $1,900 as Viral Muse Promises to Complete AI Commercialization Loop

On September 22, Eastern Time, the Nasdaq Composite Index hit a new record high, peaking at 27,272 points; the Nasdaq 100 Index crossed 30,000 points on September 21, serving as an important symbol of market sentiment; meanwhile, the Dow Jones Industrial Average was falling. The direct catalyst behind the Nasdaq's gain came from renewed capital inflows into tech stocks, coupled with pulling-back oil prices, a temporary easing of interest rate pressures, and the continued expansion of demand for AI infrastructure. At the sector level, memory chip stocks led the gains today, with SanDisk (SNDK) surging over 8% intraday to break through the $1,900 mark, while Micron (MU) and SK Hynix ADR (SKHY) rose more than 3%.

Meta Connect 2026 Preview: Phoenix Headset and AI Glasses Take Center Stage, Can Meta Reshape the XR Ecosystem?

TradingKey - Meta Platforms (META) will host its annual developer conference, Meta Connect 2026, in Menlo Park, California, from September 23 to 24. CEO Mark Zuckerberg will deliver the keynote address on September 23 at 4:00 PM PT, with developer-focused sessions taking place the following day.

Meta Shares Surge Over 8% to Highest Since February as Connect 2026 Nears, Muse Agent May Become New AI Variable

Meta Platforms (META) will hold its annual product event, Meta Connect 2026, from September 23 to 24 local time. As the company expands the focus of Connect from VR to AI, AR, smart glasses, and the metaverse, the market expects this year's conference to highlight hardware iterations and advancements in its AI strategy.

Featured Tools