DOGE Slides as It Targets the $0.048 Low

Dogecoin (DOGE) Price Long-term Prediction: Bearish

Dogecoin’s (DOGE) price holds steady above the $0.204 support as it targets the $0.048 low. The crypto price has spent the last 48 hours between the moving average lines on the weekly chart. The price indication, however, suggests that the DOGE price will probably continue to drop. According to the price indication, DOGE will drop to $0.048 or level 2.0 of the Fibonacci extension.

The bears will resume selling pressure, though, if they break below the 50-day SMA. In the meantime, the price movement has stopped above the 50-day SMA, albeit within a little range. The current value of DOGE is $0.201.

Technical indicators

Major Resistance Levels $0.45 and $0.50
Major Support Levels – $0.30 and $0.25

Dogecoin (DOGE) Indicator Reading 

The weekly chart’s moving average lines are drifting north despite the decline. The moving average lines sloping downward on the 4-hour chart are now sideways. The altcoin will drop because the price bars are below the moving average lines.

What is the next direction for Dogecoin (DOGE)?

The price of DOGE has remained unchanged as it targets the $0.048 low. All signs suggest a decrease in DOGE risks, as bears are about to break through the 50-day SMA. On the 4-hour chart, the altcoin is range-bound between the $0.18 and $0.22 price levels. The coin fell between the lines of the moving average and got stuck there. DOGE will trend when the moving average’s lines are broken.

.048 Low" width="1104" height="656" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/03/DOGEUSD_4-Hour-Chart-March-7.png"/>

Make money without lifting your fingers: Start using a world-class auto trading solution.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.