Published: 07 March 2026 at 18:04
Updated: 07 March 2026 at 18:11
Dogecoin price is moving sideways after its low on February 5th.
Long-term DOGE price forecast: inclusive
The cryptocurrency continued to decline, reaching $0.080, but bulls bought the dips. Over the past three weeks, the price has been range-bound and remained below the $0.088 support and below the moving averages. Three times, buyers tried to push the price above the 21-day SMA, but were rejected.
Today, the altcoin broke below the 21-day SMA support to reach $0.090. The decline is delayed as the altcoin continues its range-bound movement above the $0.088 support but below the moving averages. DOGE is now at $0.090.
Technical indicators
Dogecoin indicator reading
The price stabilizes from the average level of horizontal movement. The 21-day SMA acts as a resistance line to the price bars and prevents an upward movement. On the 4-hour chart, the moving average lines are horizontal, while the price moves both below and above them, indicating a sideways trend.
What is the future direction for Dogecoin?
The price of DOGE is consolidating near the bottom of its chart. The price is trading above the $0.080 support. In recent price action, the altcoin dipped as low as $0.079, but recovered.
On the 4-hour chart, the price broke below the moving averages and continued its sideways movement. Price movement has slowed due to Doji candlesticks.
Disclaimer. This analysis and prediction is the author’s personal opinion. The information provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be considered an endorsement by Coinidol.com. Readers should do their own research before investing in funds.
