Dogecoin Recovery: How Much Can The Leading Meme Coin Rise Again?
Dogecoin has spent the past few weeks grinding lower, testing the endurance of bullish merchants. The previous 24 hours, as an illustration, have been spent with sell-offs, with the meme coin king now down by 10% within the final buying and selling day.
Dogecoin is now perambulating across the $0.10 to $0.11 vary, a degree that has repeatedly acted as a psychological battleground in previous cycles. Recent technical analyses shared on X counsel that this vary may decide whether or not Dogecoin stages another rebound or drifts deeper into weakness within the coming weeks.
Bullish Phase, Liquidity Sweep, And Consolidation
Crypto analyst BitGuru recently outlined a construction that many merchants could acknowledge from earlier market cycles. According to his view, Dogecoin initially fashioned what he described as a bullish part earlier than coming into a liquidity sweep and an prolonged consolidation interval. The every day candlestick chart he shared exhibits worth pushing larger earlier within the cycle, adopted by a transparent draw back transfer that has been taking part in out since October 2025.
After that sweep, Dogecoin settled right into a tightening channel of decrease lows and decrease highs, creating a chronic correction vary via late 2025 and into early 2026. The every day candlestick chart, which is proven beneath, highlights an essential horizontal assist area round $0.10, where price has recently reacted. From a technical perspective, this area acted as a backside throughout the early February crash.
According to BitGuru, if consumers have been to step in right here, Dogecoin may try a transfer again towards larger resistance ranges round $0.13, $0.15, and $0.19. These are all short-term worth ranges that may be achieved within a few hours of buying pressure.
The Weekly EMA Signal That Points To Bottoms
Another class of research came from Charting Guy, who approached the setup from a broader, long-term angle on the weekly timeframe. He pointed to the connection between the 20-week exponential transferring common and the 200-week exponential transferring common on the weekly candlestick worth chart.
Dogecoin has tended to type main cycle lows across the interval when the 20-week EMA crosses beneath the 200-week EMA. The fascinating factor is that this crossover has simply appeared once more. Similar crossovers in earlier cycles appeared in direction of the top of prolonged bearish phases earlier than Dogecoin transitioned into multi-month uptrends.
The weekly worth chart spans from 2017 via 2026, exhibiting how earlier crosses preceded robust upward expansions. This time, Dogecoin’s worth dipped to round $0.09 to $0.10 because the crossover passed off.
The most essential factor now could be how a lot upside is realistic if this support truly holds. Looking on the weekly construction, a restoration above the 20-week EMA may open the door to a retest of the $0.20 to $0.25 vary. Above that, Dogecoin would want higher market energy, significantly from Bitcoin, to problem the upper resistance bands round $0.30 and above.