{"id":10409,"date":"2026-03-10T05:11:03","date_gmt":"2026-03-10T05:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/dogecoin-doge-bounce-weakens-downtrend-risks-return-quickly\/"},"modified":"2026-03-10T05:11:03","modified_gmt":"2026-03-10T05:11:03","slug":"dogecoin-doge-bounce-weakens-downtrend-risks-return-quickly","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/dogecoin-doge-bounce-weakens-downtrend-risks-return-quickly\/","title":{"rendered":"Dogecoin (DOGE) Bounce Weakens, Downtrend Risks Return Quickly"},"content":{"rendered":"<p><em>Dogecoin started a recovery wave above the $0.090 zone against the US Dollar. DOGE is now facing hurdles near $0.0930 and might struggle to continue higher.<\/em><\/p>\n<ul>\n<li>DOGE price started a recovery wave from $0.0860 and climbed above $0.090.<\/li>\n<li>The price is trading above the $0.090 level and the 100-hourly simple moving average.<\/li>\n<li>There is a rising channel forming with support at $0.0904 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to move up if it stays above $0.090.<\/li>\n<\/ul>\n<h2>Dogecoin Price Hits Resistance<\/h2>\n<p>Dogecoin price started a recovery wave from the $0.0860 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.0880 and $0.090 resistance levels.<\/p>\n<p>There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1043 swing high to the $0.0859 low. However, the bears remained active near the $0.0925 zone. Besides, there is a rising channel forming with support at $0.0904 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>Dogecoin price is now trading above the $0.090 level and the 100-hourly simple moving average. If there is another recovery wave, immediate resistance on the upside is near the $0.0930 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-886449\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Doegcoin-DOGE_96a4d1.png?resize=1024%2C512\" alt=\"Dogecoin Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>The first major resistance for the bulls could be near the $0.0950 level or the 50% Fib retracement level of the downward move from the $0.1043 swing high to the $0.0859 low. The next major resistance is near the $0.0972 level. A close above the $0.0972 resistance might send the price toward the $0.1020 resistance. Any more gains might send the price toward the $0.1050 level. The next major stop for the bulls might be $0.1120.<\/p>\n<h2>Another Decline In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.0930 level, it could continue to move down. Initial support on the downside is near the $0.0905 level. The next major support is near the $0.090 level.<\/p>\n<p>The main support sits at $0.0884. If there is a downside break below the $0.0884 support, the price could decline further. In the stated case, the price might slide toward the $0.0860 level or even $0.0835 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.0900 and $0.0884.<\/p>\n<p>Major Resistance Levels \u2013 $0.0950 and $0.0972.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a recovery wave above the $0.090 zone against the US Dollar. DOGE is now facing hurdles near $0.0930 and might struggle to continue higher. DOGE price started a recovery wave from $0.0860 and climbed above $0.090. The price is trading above the $0.090 level and the 100-hourly simple moving average. There is a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10410,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[155],"tags":[133,374,134,3947,156,3948,132,216,375],"class_list":["post-10409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-doge","tag-doge-news","tag-doge-price","tag-doge-usd","tag-doge-btc","tag-doge-usdt","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=10409"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10410"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}