Dogecoin price prediction: Sellers hold control as DOGE struggles below resistance

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Dogecoin drops 7.15% to $0.09193 today

Highlights

Elon Musk announced X Money will launch early public access in April, focusing on fiat payments via a Visa partnership.
Market speculation around possible DOGE integration triggered increased trading volumes and liquidations despite no official mention of crypto support.
DOGE trades below major moving averages with bearish momentum, and is expected to stay within a $0.088–$0.096 range barring a breakout.

Speculation rises on X Money tie to DOGE as official focus remains fiat

On March 10, Elon Musk announced that X Money, a new payments feature for the X platform, will begin early public access in April. The announcement prompted speculation about possible DOGE integration, leading to increased trading volumes and liquidations as users anticipated the feature. There has been no official confirmation or mention of Dogecoin or any cryptocurrency integration in X Money, which remains focused on fiat payments and a partnership with Visa, though price action has remained under broader selling pressure.

Technical resistance and momentum divergence signal ongoing downside risk

Technically, DOGE remains under significant selling pressure, with the current price positioned below the SMA-20, SMA-50, and SMA-200. The Ichimoku Kijun at $0.10217 forms immediate resistance. Momentum indicators show the MACD and ADX signaling weak seller control. The RSI is at 47.77 and Stoch RSI is in overbought territory, suggesting possible exhaustion amid the downtrend. BBP indicates buyers are marginally present on the daily chart, but the Awesome Oscillator is neutral, not confirming any bullish reversal. Today’s trading saw DOGE fall 7.15% with elevated intraday volatility, reaching lows near $0.09126. Divergences between oscillators and negative price momentum further affirm the overall bearish trend.

Limited rebound odds as consolidation range outlines downside bias

For the coming week, DOGE is expected to trade within a $0.088–$0.096 range, reflecting typical volatility band relative to current levels. The chance of a move higher is low (less than 20%), suggesting that a downward or sideways scenario is most likely. A breakout above $0.096–$0.102 would be needed for an upside scenario, while a drop below $0.088 could accelerate declines. Baseline expectations are for DOGE to consolidate within the stated corridor.

Anton Kharitonov, expert at Traders Union, sees Dogecoin locked in a bearish trend after breaking below all major moving averages. He highlights continued downside pressure, with no clear bullish confirmation from either technical indicators or recent news about X Money. Kharitonov notes that the lack of catalyst and weak momentum keeps DOGE in a vulnerable range. "Unless $0.096 is reclaimed, I remain cautious and expect consolidation or further declines in Dogecoin."

Last time, analysts noted that Dogecoin is exhibiting short-term upward momentum above its SMA-20, while remaining below its SMA-50 and SMA-200, signaling persistent medium- and long-term bearish trends. Despite increased derivatives activity and accumulation, the probability of a breakout remains low, with technical indicators favoring continued consolidation between $0.094 and $0.104, and downside risk if support is breached.

Source of Data: DOGE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.