Dogecoin has spent the previous few weeks grinding decrease, testing the endurance of bullish merchants. The previous 24 hours, for example, had been spent with sell-offs, with the meme coin king now down by 10% within the final buying and selling day.
Dogecoin is now perambulating across the $0.10 to $0.11 vary, a stage that has repeatedly acted as a psychological battleground in previous cycles. Current technical analyses shared on X counsel that this vary may decide whether or not Dogecoin levels one other rebound or drifts deeper into weak point within the coming weeks.
Bullish Section, Liquidity Sweep, And Consolidation
Crypto analyst BitGuru just lately outlined a construction that many merchants could acknowledge from earlier market cycles. In keeping with his view, Dogecoin initially fashioned what he described as a bullish section earlier than getting into a liquidity sweep and an prolonged consolidation interval. The each day candlestick chart he shared exhibits value pushing increased earlier within the cycle, adopted by a transparent draw back transfer that has been enjoying out since October 2025.
After that sweep, Dogecoin settled right into a tightening channel of decrease lows and decrease highs, creating a protracted correction vary by late 2025 and into early 2026. The each day candlestick chart, which is proven beneath, highlights an essential horizontal assist area round $0.10, the place value has just lately reacted. From a technical perspective, this area acted as a backside throughout the early February crash.
In keeping with BitGuru, if consumers had been to step in right here, Dogecoin may try a transfer again towards increased resistance ranges round $0.13, $0.15, and $0.19. These are all short-term value ranges that may be achieved inside a number of hours of shopping for stress.
The Weekly EMA Sign That Factors To Bottoms
One other class of study got here from Charting Man, who approached the setup from a broader, long-term angle on the weekly timeframe. He pointed to the connection between the 20-week exponential shifting common and the 200-week exponential shifting common on the weekly candlestick value chart.
Dogecoin has tended to type main cycle lows across the interval when the 20-week EMA crosses beneath the 200-week EMA. The fascinating factor is that this crossover has simply appeared once more. Comparable crossovers in earlier cycles appeared in the direction of the top of prolonged bearish phases earlier than Dogecoin transitioned into multi-month uptrends.
The weekly value chart spans from 2017 by 2026, exhibiting how earlier crosses preceded robust upward expansions. This time, Dogecoin’s value dipped to round $0.09 to $0.10 because the crossover came about.
Crucial factor now’s how a lot upside is sensible if this assist really holds. Wanting on the weekly construction, a restoration above the 20-week EMA may open the door to a retest of the $0.20 to $0.25 vary. Above that, Dogecoin would wish higher market energy, notably from Bitcoin, to problem the upper resistance bands round $0.30 and above.
Featured picture from Freepik, chart from Tradingview.com
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