Out in the world of whimsy and wallets, Dogecoin stumbled, though only a bit, like a ranch hand with two left feet, and it found itself trading shy of the $0.1450 mark against the stalwart US Dollar. It now clings to the $0.1420 support, much like a coyote on a fence rail, wondering if it can muster the gumption for another leap through that green pastures of price.
- The price took a nosedive fresh as the first frost from a lofty $0.1510, only to reroute its path.
- Yet, here it is, bobbing above the $0.1420 level and the 100-hourly moving average, like hope swinging low but never down.
- A bullish trend line sneaks up on the hourly chart of the DOGE/USD pair, propping it up right there at $0.1420, standing steadfast like the ones at the Coles River.
- If this stubborn critter holds its ground above $0.1400, it just might plot another little hop up yonder.
Initially, Dogecoin took a tumble after it couldn’t push through the gate at $0.1520, akin to some folks who can’t quite muster the moxie to cross a creek. It faltered below the $0.150 and slipped under $0.1450. Somehow, it skidded along toward the 50% Fib retracement, finding solace near the $0.1420 support, much like an old bone forgotten but eventually remembered.
The price tiptoes above $0.1425 now, and even dances with the 100-hourly simple moving average. The first hurdle in this little jaunt? $0.1450. First big fence in this wild jump rope game? The $0.150 level.
The pièce de résistance of resistance points near $0.1510. Should Dogecoin clear this peak, it may sashay toward $0.1550. With any more bursts of bravado, it might even send those two cents of its toward $0.1765. The horizon beyond? A lofty $0.1850, perhaps.
Another Twist on the Lasso?
If Dogecoin’s little feet refuse to hustle past the $0.1450 marker, it might snake further down. The first pit stop on this journey down is the $0.1420 level and the trend line, much like an old doghouse threshold. There’s another cushion in this tumble at $0.1410, and beyond that the 61.8% Fib rest stop.
The lair of safety, the mainstay of support, hangs from $0.1350. Should this good-natured fellow fall through, it might find itself stumbling toward $0.1320 or even at the brink of $0.1305.
Technical Ledger
Hourly MACD – The trusty tell of tempo gyrates more… well, negatively, like a rattlesnake in a sack.
Hourly RSI (Relative Strength Index) – The founder, the tiller, the farmer of strength, is meandering under the 50 marker.
Major Support Holds – $0.1420 and $0.1410.
Major Resistance Gates – $0.1500 and $0.1510.
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2026-01-15 08:13