The post Dogecoin (DOGE) Extends Losses – Is This the Final Shakeout Before Big Rally? appeared on BitcoinEthereumNews.com.

Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.260. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a decent recovery wave if it stays above the $0.2250 zone. Dogecoin Price Dips Further Dogecoin price started a fresh decline after there was a close below $0.2620, like Bitcoin and Ethereum. DOGE declined below the $0.2550 and $0.250 support levels. The price even traded below $0.240. A low was formed at $0.2303, and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $0.2888 swing high to the $0.2303 low. Besides, there is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2450 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2440 level. The first major resistance for the bulls could be near the $0.250 level and the trend line. The next major resistance is near the $0.260 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2888 swing high to the $0.2303 low. A close above the $0.260 resistance might send the price toward the $0.280 resistance. Any more gains might send the price toward the $0.2880 level. The next major stop for the bulls might be $0.30. Another Drop In DOGE? If DOGE’s price fails to climb…

---

Filed under: News - @ September 23, 2025 6:26 am