Dogoin Prices Analysis: Will subsidies be tested in short term, or will $ 0.15 will be tested?
The price of Dogecoin has decreased by 5 % over the past 24 hours and is currently being traded at the market price of $ 0.1898. As Bitcoin drops at $ 86,000, a short -term recovery in the Coin Meme market achieves great success.
The market value of the Mimi currency sector decreased by 5.8 % to $ 54.75 billion. As the Meme currencies will decrease, do Dogecoin Price re -test the psychological support of $ 0.15? Let’s discover.
Dogecoin price analysis
In the daily graph, the DOGECOIN price movement offers an upward failure to overcome the decisive resistance of the 0.20 dollar sign. Rejection of the higher price has decreased during the day by 1.77 %, creating a possible reflection in Topezer.
However, the short -term decline also alludes to a possible re -test of the last range group, and overcoming the Fibonacci resistance level by 23.60 % at $ 0.1820. Dogecoin Price recently found a new bullish momentum.
After four consecutive rising candles, the short -term decline comes as a break. Currently, withdrawal withdrawal is likely to find support at the resistance level that has turned into a level of 23.60 % Vibonacci and EMA line for 20 days.
Support the upscale opportunities to continue upward, MACD lines and signal lines are positive and maintain the growth of the bullish chart. Thus, the momentum index maintains an optimistic view.
Based on Fibonacci levels, it is possible that the EMA line continues for 200 days near the level of 38.20 % at $ 0.23. On the other hand, the decisive support remains the foundation line for the previous monotheism range near the $ 0.15 sign.
Dogecoin standards on the series
In a recent tweet GlassnodeThe DOGCOIN URPD data platform, and revealed that 7 % of the DOGE supplies are concentrated at the level of $ 0.20. This represents it as a decisive resistance area for Dogecoin.
URPD appears 7 % of $ Doge The offer is concentrated at $ 0.20-the third largest group after $ 0.17 and $ 0.07. This level witnessed significant flows on about 22 January, but it is possible that it will be purchased as a conservative earlier, which raised the cost basis. 0.20 dollars may serve as resistance in the short term. pic.twitter.com/vhvylx3mdn
– Glassnode (Glassnode) March 26, 2025
According to the platform, the upscale collapse of more than $ 0.20 can increase a price to $ 0.31 due to the limited offer pressure after this level. Moreover, 15 % of Doug’s last time has been transferred 6-12 months ago. This indicates a strong condemnation of the investors who bought before the November gathering to December.
The use of Dogecoin’s open futures are currently at $ 1 billion. This is much lower compared to the November-December assembly at $ 3 billion in OI. According to the platform, the simple moving average increases for 7 days for the size of futures and is currently at the levels of October -2024.
This highlights a space for growth and enhances the short -term assembly as a recovery by the market instead of speculation driven by the increase. Support the thesis of the Dogecoin gathering as it is the opposite of the market in the market, the financing rates in the direction of a decrease.
Over the past two days, financing rates are close to neutral levels. Confirming the short -term step is not excessively long.
