{"id":9810,"date":"2026-02-06T05:11:03","date_gmt":"2026-02-06T05:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/dogecoin-doge-sinks-to-0-08-amid-relentless-bear-pressure\/"},"modified":"2026-02-06T05:11:03","modified_gmt":"2026-02-06T05:11:03","slug":"dogecoin-doge-sinks-to-0-08-amid-relentless-bear-pressure","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/dogecoin-doge-sinks-to-0-08-amid-relentless-bear-pressure\/","title":{"rendered":"Dogecoin (DOGE) Sinks To $0.08 Amid Relentless Bear Pressure"},"content":{"rendered":"<p><em>Dogecoin started a fresh decline below the $0.10 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0950 and $0.10.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh decline below the $0.10 level.<\/li>\n<li>The price is trading below the $0.10 level and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $0.0950 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could extend losses if it stays below $0.0880 and $0.0850.<\/li>\n<\/ul>\n<h2>Dogecoin Price Dives Below Support<\/h2>\n<p>Dogecoin price started a fresh decline after it closed below $0.1120, like Bitcoin and Ethereum. DOGE declined below the $0.10 and $0.0950 support levels.<\/p>\n<p>The price even traded below $0.0850. A low was formed near $0.080, and the price is now showing bearish signs. There was a recovery wave above $0.0840. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1007 swing high to the $0.080 low.<\/p>\n<p>Dogecoin price is now trading below the $0.0950 level and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.0950 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>If there is a recovery wave, immediate resistance on the upside is near the $0.090 level. The first major resistance for the bulls could be near the $0.0950 level and the trend line. The next major resistance is near the $0.09850 level or the 61.8% Fib retracement level of the downward move from the $0.1007 swing high to the $0.080 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-879958\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Doegcoin-DOGE_74e090.png?resize=1024%2C509\" alt=\"Dogecoin Price \" width=\"1024\" height=\"509\" loading=\"lazy\" \/><\/p>\n<p>A close above the $0.0985 resistance might send the price toward the $0.1050 resistance. Any more gains might send the price toward the $0.1120 level. The next major stop for the bulls might be $0.120.<\/p>\n<h2>Another Decline In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.10 level, it could continue to move down. Initial support on the downside is near the $0.0850 level. The next major support is near the $0.0820 level.<\/p>\n<p>The main support sits at $0.080. If there is a downside break below the $0.0750 support, the price could decline further. In the stated case, the price might slide toward the $0.0720 level or even $0.070 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.0865 and $0.0800.<\/p>\n<p>Major Resistance Levels \u2013 $0.0950 and $0.0985.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh decline below the $0.10 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0950 and $0.10. DOGE price started a fresh decline below the $0.10 level. The price is trading below the $0.10 level and the 100-hourly simple moving average. There is a key bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9811,"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-9810","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\/9810","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=9810"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9811"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}