DOGE Weekly Technical Analysis
Dogecoin
A meme-inspired cryptocurrency with a strong community and fast transaction times.
DOGE Technical Analysis Summary
DOGE is in a significant correction phase on the weekly timeframe, having retraced most of the gains from the early 2024 rally. The loss of the 200-week SMA support at roughly 0.136 is a major bearish development, shifting the immediate bias to the downside. Momentum indicators like the MACD and RSI confirm weakness, though the RSI approaching 30 suggests the asset may soon find temporary support near the 0.09–0.10 zone.
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DOGE Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-week and 50-week SMAs with strong downside momentum. The RSI is falling towards oversold territory (34.16), and the MACD histogram is negative and expanding downwards.
Long-term Sentiment (weeks to months): Neutral
While the 50-week SMA is still above the 200-week SMA (golden cross structure), price has failed to hold the 200-week SMA (0.136) as support. The trend is currently indeterminate as it retraces towards the major accumulation range of 2022-2023.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-02T07:25:05.610Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.10 | $0.09 - $0.10 | Strong | Immediate psychological support and retest of the breakout zone from late 2023. |
| $0.07 | $0.07 - $0.08 | Strong | Upper boundary of the long-term consolidation base formed throughout 2022 and 2023. |
| $0.06 | $0.06 - $0.06 | Strong | Major structural cycle lows. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.14 | $0.14 - $0.14 | Strong | Confluence of the 200-week SMA and previous support-turned-resistance. |
| $0.17 | $0.16 - $0.19 | Strong | Cluster containing the Bollinger Band basis (20 SMA) and the 50-week SMA. |
| $0.23 | $0.22 - $0.23 | Strong | Recent major swing high from early 2024. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Descending Channel | Bearish | $0.08 | Since the peak in early 2024, price action has formed a clear channel of lower highs and lower lows. |
| Strong | MA Breakdown | Bearish | N/A | Price has decisively closed below the critical 200-week SMA, invalidating previous bullish support. |
Frequently Asked Questions about DOGE
What is the current sentiment for DOGE?
The short-term sentiment for DOGE is currently Bearish because Price is trading below the 20-week and 50-week SMAs with strong downside momentum. The RSI is falling towards oversold territory (34.16), and the MACD histogram is negative and expanding downwards.. The long-term trend is classified as Neutral.
What are the key support levels for DOGE?
StockDips.AI has identified key support levels for DOGE at $0.10 and $0.07. These levels may represent potential accumulation zones where buying interest could emerge.
Is DOGE in a significant dip or a Value Dip right now?
DOGE has a Value Score of 72/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.