Particle.news

Download on the App Store

Dogecoin Steadies Near $0.21 After $0.2078 Low With $0.29 Resistance and $0.2050 Support in View

Large-holder buying this month is credited with shoring up support.

Dogecoin price
Image

Overview

  • DOGE is trading around $0.21 after touching a low of $0.2078 early Friday, capping a roughly 17–20% slide over the past month.
  • Technicals are mixed, with a converging triangle plus rounding bottom and cup-and-handle patterns, an improving RSI, and a bearish MACD.
  • The key ceiling is clustered near $0.29–$0.30, and analysts say a decisive break could clear the path for a larger advance if momentum builds.
  • Near-term supports sit around $0.2120 and $0.2080, with a main floor at $0.2050; losing that level risks a move toward $0.20–$0.1920.
  • Recent reports cite CoinDesk data showing large holders bought about 680 million DOGE in August, which some analysts say has helped stabilize price despite retail selling.