Market Cap: $3.286T -3.820%
Volume(24h): $127.8977B -4.110%
  • Market Cap: $3.286T -3.820%
  • Volume(24h): $127.8977B -4.110%
  • Fear & Greed Index:
  • Market Cap: $3.286T -3.820%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$103592.228854 USD

-4.51%

ethereum
ethereum

$2466.558511 USD

-10.73%

tether
tether

$1.000381 USD

0.01%

xrp
xrp

$2.099453 USD

-6.74%

bnb
bnb

$642.327248 USD

-3.78%

solana
solana

$142.274594 USD

-11.02%

usd-coin
usd-coin

$0.999670 USD

-0.01%

dogecoin
dogecoin

$0.171364 USD

-10.88%

tron
tron

$0.269854 USD

-2.21%

cardano
cardano

$0.622386 USD

-10.42%

hyperliquid
hyperliquid

$38.038313 USD

-8.11%

sui
sui

$2.951945 USD

-11.97%

chainlink
chainlink

$12.889430 USD

-12.65%

unus-sed-leo
unus-sed-leo

$8.859921 USD

1.70%

bitcoin-cash
bitcoin-cash

$400.144856 USD

-6.63%

Cryptocurrency News Articles

Dogecoin (DOGE) is entering May 2025 at a critical technical juncture

May 01, 2025 at 09:55 pm

Dogecoin (DOGE) is entering May 2025 at a critical technical juncture

Dogecoin (DOGE) is entering May 2025 at a critical technical juncture, with the memecoin now consolidating in a tightening range that could soon resolve into a sharp move.

After bouncing from April lows around $0.15, Dogecoin has held above a key retracement level while testing resistance from a descending trendline that has limited rallies since February. On the weekly chart, Dogecoin remains supported above the 0.786 Fibonacci level at $0.1475, derived from the $0.05 to $0.48 rally. Bulls have defended the $0.15 region convincingly, pushing prices back toward the 0.618 Fibonacci resistance at $0.2195.

However, on the daily chart, Dogecoin continues to trade under a downtrend line, with resistance tightly packed between $0.181 and $0.19. A daily close above this zone, particularly with rising volume, could signal a breakout toward $0.21 and potentially $0.24.

Meanwhile, the 4-hour chart shows a narrowing triangle formation, with Dogecoin ranging between $0.167 and $0.181. Trendline compression and Bollinger Band narrowing point to rising breakout probability. Immediate breakout level lies near $0.185, while failure to hold $0.167 may drag the price back toward $0.155 and $0.147.

In the short term, momentum indicators show Dogecoin attempting to regain strength. The 20 and 50 EMAs have crossed above the 100 and 200 EMAs on the 4-hour chart, while the RSI hovers near the neutral 50 mark, suggesting a balanced setup. MACD remains close to a potential bullish crossover, and volume remains subdued—signaling the market is awaiting a catalyst.

Dogecoin price analysis (March 2025 - May 2025) Source: TradingView.

Outlook: Momentum builds, but confirmation needed

Dogecoin's technical structure supports a potential upside move if bulls can clear the $0.18–$0.19 resistance band. Such a breakout could open targets at $0.21 and $0.24, with Fib extension levels offering higher targets if momentum builds. However, a failure to hold $0.167 could negate the current setup, sending DOGE back toward $0.15. The price remains range-bound for now, and confirmation through volume and structure is essential before directional bias is confirmed.

As previously discussed, DOGE was expected to form a pressure zone near $0.15–$0.19, with trendline resistance acting as the primary barrier. The ongoing triangle structure and Fib-level confluence reinforce the importance of a breakout confirmation above $0.19 or a breakdown below $0.167 in shaping May’s trend.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 14, 2025