Will Dogecoin's Price Break $0.185? Here's DOGE's Next Move
The crypto market is under selling pressure in the early Thursday session, with several digital assets trading in the red. Major cryptocurrencies fell as much as 5% as traders took profits after a steady rise earlier this week, with Dogecoin (DOGE) losing about 6% in the last 24 hours.
The market's mixed signals and frequent tone shifts are confusing traders, who are still seeking further cues on positioning.
At press time, DOGE was down 5.42% in the last 24 hours to $0.172, mirroring the drop on the crypto market.
Following two consecutive days of rising earlier in the week, Dogecoin surpassed the daily SMA 50, which had capped its price since December 2024, to reach highs of $0.1855 in Wednesday's trading session.
After briefly hitting that key resistance point, DOGE has since slipped, hitting intraday lows of $0.169 in the early Thursday trading session.

The failed breakout at $0.185 suggests that sellers are defending it strongly. This level has now become an immediate barrier for the Dogecoin price, and a break above it might suggest renewed bullish momentum.
What's next for Dogecoin?
The market is closely watching DOGE’s ability to hold above immediate support levels; in this case, it will be watched if Dogecoin could flip the daily SMA 50 barrier again into support. If the price consolidates above the daily SMA 50 at $0.168 and generates sufficient buying pressure, another attempt to breach $0.185 may be on the horizon.
However, failing to hold present levels may result in more of a decline, possibly returning to the $0.13 support zone.
The RSI slightly above the 50 midpoint suggests a slight advantage for the bulls, although consolidation appears more likely before Dogecoin advances its next major move. A range-bound action soon would see Dogecoin swing between $0.21 and $0.13 for some time. In contrast, a break and close above $0.21 would complete a double-bottom pattern. Dogecoin could ascend to $0.28.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Unstaked Goes Viral With a Massive $1M Giveaway, as Solana (SOL) Charges and Pi Network Falters
Solana’s bullish push targets a $300 billion market cap, Pi Network struggles with selling pressure, and Unstaked heats up the presale space with a $1 million giveaway as the total funds reach $9.2 million.Solana Eyes $300B Market Cap as Structural Signals ImprovePi Network Drops Further as Bearish Pressure MountsUnstaked Ignites the Presale Scene with AI Innovation & a $1M GiveawayFinal Thoughts

SHIB Drops 11% in a Week – Is Nexchain the Top Crypto Presale ICO of 2025?
While SHIB tumbles, Nexchain rises—an AI-powered blockchain presale offering 455% ROI, real utility, and top-tier scalability in 2025.Nexchain AI Blockchain: Built for the Real WorldSHIB Slips Closer to Multi-Month LowsThe Best Crypto Presale to Buy? Nexchain Could Be the One

Charting the Future of What Could Be the Most Popular Cryptocurrency After Hyperliquid
Qubetics is gaining momentum with a multi-chain wallet, \$17.7M raised, and 4,349% ROI potential—could it be the next Hyperliquid success story?Qubetics: Non-Custodial Multi-Chain Wallet Is a Game ChangerHyperliquid: A Massive Win for Many Early AdoptersThe Final Word: Next Most Popular Cryptocurrency

VanEck, 21Shares, and Canary Press SEC for Fairness in Crypto ETFs
Trending news
MoreCrypto prices
More








