{"id":4859,"date":"2025-05-19T18:13:13","date_gmt":"2025-05-19T18:13:13","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/dogecoin-doge-struggles-to-sustain-gain-as-meme-coin-mania-cools-off\/"},"modified":"2025-05-19T18:13:13","modified_gmt":"2025-05-19T18:13:13","slug":"dogecoin-doge-struggles-to-sustain-gain-as-meme-coin-mania-cools-off","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/dogecoin-doge-struggles-to-sustain-gain-as-meme-coin-mania-cools-off\/","title":{"rendered":"Dogecoin (DOGE) Struggles to Sustain Gain as Meme Coin Mania Cools Off"},"content":{"rendered":"<p><em>Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh increase above the $0.220 and $0.230 levels.<\/li>\n<li>The price is trading just below the $0.2250 level and the 100-hourly simple moving average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could start a fresh increase if it clears the $0.230 resistance zone.<\/li>\n<\/ul>\n<h2>Dogecoin Price Faces Rejection<\/h2>\n<p>Dogecoin price started a fresh increase after it found support near $0.2110, like Bitcoin and Ethereum. DOGE climbed and recovered above the $0.220 resistance zone.<\/p>\n<p>The bulls even pushed the price above the $0.2320 resistance zone. However, the bears were active near the $0.2380 level. A high was formed at $0.2378 and the price reacted lower. There was a move below the 50% Fib retracement level of the upward move from the $0.2109 swing low to the $0.2370 high.<\/p>\n<p>Dogecoin price is now trading just below the $0.2250 level and the 100-hourly simple moving average. However, there is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>DOGE<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-753813\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/Doegcoin-DOGE_ccd41c.png?resize=1024%2C479\" alt=\"Dogecoin Price \" width=\"1024\" height=\"479\" \/><\/p>\n<p>Immediate resistance on the upside is near the $0.2250 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2380 level. A close above the $0.2380 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2720 level. The next major stop for the bulls might be $0.2850.<\/p>\n<h2>More Losses In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.2320 level, it could start another decline. Initial support on the downside is near the $0.220 level. The next major support is near the $0.2170 level and the 76.4% Fib retracement level of the upward move from the $0.2109 swing low to the $0.2370 high.<\/p>\n<p>The main support sits at $0.2120. If there is a downside break below the $0.2120 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1880 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.220 and $0.2120.<\/p>\n<p>Major Resistance Levels \u2013 $0.2320 and $0.2380.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180. DOGE price started a fresh increase above the $0.220 and $0.230 levels. The price is trading just below the $0.2250 level and the 100-hourly simple moving average. There is a connecting bullish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4860,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[454],"tags":[167,457,166,172,173,199],"class_list":["post-4859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-doge","tag-doge-btc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4859"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4860"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}