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class="sc-61d7b15a-0 QcoXb news_content"><div class="heading"><a href="/news/dailyanalysis"><svg width="17" height="16" viewBox="0 0 17 16" fill="none" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" clip-rule="evenodd" d="M6.65685 15.0709L0.292892 8.70692C-0.0976315 8.31639 -0.0976315 7.68323 0.292892 7.2927L6.65685 0.928741C7.04738 0.538216 7.68054 0.538216 8.07107 0.928741C8.46159 1.31926 8.46159 1.95243 8.07107 2.34295L3.41421 6.99981L16 6.99981C16.5523 6.99981 17 7.44752 17 7.99981C17 8.55209 16.5523 8.99981 16 8.99981L3.41421 8.99981L8.07107 13.6567C8.46159 14.0472 8.46159 14.6804 8.07107 15.0709C7.68054 15.4614 7.04738 15.4614 6.65685 15.0709Z"></path></svg>Back</a><div class="sc-4fdbe080-0 iZdgQN title "><h1>Crypto Daily: Dogecoin stuck in a range</h1></div></div><div class="time_date_block"><ul class="time_date"><li>Aug 25, 2022</li><li>04:08</li><li>2 min reading</li></ul><div class="author_block"><div class="author_image"><span style="box-sizing: border-box; display: inline-block; overflow: hidden; width: initial; height: initial; background: none; opacity: 1; border: 0px; margin: 0px; padding: 0px; position: relative; max-width: 100%;"><span style="box-sizing: border-box; display: block; width: initial; height: initial; background: none; opacity: 1; border: 0px; margin: 0px; padding: 0px; max-width: 100%;"><img alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2720%27%20height=%2720%27/%3e" style="display: block; max-width: 100%; width: initial; height: initial; background: none; opacity: 1; border: 0px; margin: 0px; padding: 0px;"></span><img alt="Choise.com team" srcset="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=32&q=75 1x, /_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75 2x" src="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75" decoding="async" data-nimg="intrinsic" style="position: absolute; inset: 0px; box-sizing: border-box; padding: 0px; border: none; margin: auto; display: block; width: 0px; height: 0px; min-width: 100%; max-width: 100%; min-height: 100%; max-height: 100%;"></span></div><div class="author_name"><span class="dynamic_author"></span>Choise.com team</div></div></div><div class="content"><div class="main_image"><img title="Crypto Daily: Dogecoin stuck in a range" alt="Crypto Daily: Dogecoin stuck in a range" fetchpriority="high" width="742" height="0" decoding="async" data-nimg="1" class="directus_image " srcset="/_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2022%2F08%2Fcrypto_daily_analysis_thu-3.png&w=750&q=75 1x, /_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2022%2F08%2Fcrypto_daily_analysis_thu-3.png&w=1920&q=75 2x" src="/_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2022%2F08%2Fcrypto_daily_analysis_thu-3.png&w=1920&q=75" style="color: transparent;"></div><div class="content_block"><p>Dogecoin price has witnessed a steep fall in the past week. It lost 15% of its market value in that given time duration. Over the last 24 hours, DOGE fell by 0.7%. The current price action pointed towards a range-bound movement.</p><p>Ever since broad market weakness stepped in, many altcoins have fallen on their respective charts. The technical outlook of Dogecoin price continues to indicate that there are chances of the bulls overtaking the bears provided buyers cooperate.</p><p>Bulls will continue to struggle with overhead resistance from the lack of buyers in the market. Dogecoin price had bought in 4% rise recently, however, the bulls could not sustain that. This also pointed toward demand for the coin at the lower price levels.</p><h3>Dogecoin price analysis: four-hour chart</h3><pre id="attachment_500036" class="wp-caption aligncenter" aria-describedby="caption-attachment-500036"><img loading="lazy" class="wp-image-500036 size-full" src="https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02.png" sizes="(max-width: 1816px) 100vw, 1816px" srcset="https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02.png 1816w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-460x198.png 460w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-860x370.png 860w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-768x331.png 768w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-1536x661.png 1536w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-750x323.png 750w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-1140x491.png 1140w" alt="Dogecoin Price" width="1816" height="782" data-pin-no-hover="true"> Source: <a href="https://www.tradingview.com/symbols/DOGEUSD/?exchange=BINANCE" target="_blank" rel="noopener">DOGEUSD on TradingView</a></pre><p>DOGE was trading at $0.068 at the time of writing. It was recently defeated at the $0.071 price mark as sellers pulled the price down. This was because of the high demand for DOGE at lower levels. Overhead resistance for the coin stood at $0.070.</p><p>If Dogecoin price trades above that price mark, the next resistance would be at $0.072. The nearby support level for the meme-coin awaited at $0.056. A fall in trading volume of the meme-coin displayed a rise in selling pressure. For the coin to break past the resistance, buyers have to re-enter the market.</p><h3>Technical analysis</h3><figure id="attachment_500037" class="wp-caption aligncenter" aria-describedby="caption-attachment-500037"><img loading="lazy" class="wp-image-500037 size-full" src="https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47.png" sizes="(max-width: 1816px) 100vw, 1816px" srcset="https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47.png 1816w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-460x176.png 460w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-860x329.png 860w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-768x294.png 768w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-1536x588.png 1536w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-750x287.png 750w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-1140x436.png 1140w" alt="Dogecoin Price" width="1816" height="695" data-pin-no-hover="true"><figcaption id="caption-attachment-500037" class="wp-caption-text">Source: <a href="https://www.tradingview.com/symbols/DOGEUSD/?exchange=BINANCE" target="_blank" rel="noopener">DOGEUSD on TradingView</a></figcaption></figure><p>The Relative Strength Index moved south below the half-line proving that sellers were in charge. On the other hand, Dogecoin price was above the 20-SMA line, meaning that buyers were driving the price momentum in the market.</p><p>The meme-coin portrayed that it could be a good opportunity for buyers to step in. The Moving Average Convergence Divergence picture the price momentum and changes in that. MACD formed green signal bars after a bullish crossover, this is tied to a buy signal.</p><p> </p><p>More real time crypto information — in our<b>Telegram Channel</b><a href="https://t.me/Choise_com_Chat">https://t.me/Choise_com_Chat</a></p></div></div><ul class="sc-a1b0f443-0 fTNNTN news_breadcrumbs"><li><a href="/news">News</a></li><li><a href="/news/dailyanalysis">Daily Analysis</a></li><li><span>Crypto Daily: Dogecoin stuck in a range</span></li></ul><div class="sc-ebb48054-0 hCkBCM"><button class="react-share__ShareButton" style="background-color: transparent; border: none; padding: 0px; font: inherit; color: inherit; cursor: pointer;"><img src="/pic/share/twitter.svg" alt="Crypto Daily: Dogecoin stuck in a range"></button><button class="react-share__ShareButton" style="background-color: transparent; border: none; padding: 0px; font: inherit; color: inherit; cursor: pointer;"><img src="/pic/share/telegram.svg" alt="Crypto Daily: Dogecoin stuck in a range - Telegram"></button><button class="react-share__ShareButton" style="background-color: transparent; border: none; padding: 0px; font: inherit; color: inherit; cursor: pointer;"><img src="/pic/share/facebook.svg" alt="Crypto Daily: Dogecoin stuck in a range - Facebook"></button></div></section></div></section></main><footer id="footer" class="sc-3dbed908-0 fGcfsC"><div class="sc-7bf978d5-0 jWSTwu center_block " style="max-width: 1200px;"><div class="top_block"><div class="content"><div class="description"><div class="description_information"><p>The website and mobile apps are owned by the company Choise Services UAB. 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range","date_created":"2022-08-25T04:19:07.000Z","image":null,"old_image":"https://webinar.choise.com/wp/2022/08/crypto_daily_analysis_thu-3.png","seo_image":null,"category":{"id":"82","title":"Daily Analysis","slug":"dailyanalysis","translations":[{"title":"Daily Analysis","seo_title":null,"seo_description":null,"seo_keywords":null}]},"translations":[{"title":"Crypto Daily: Dogecoin stuck in a range","content":"\u003cp\u003eDogecoin price has witnessed a steep fall in the past week. It lost 15% of its market value in that given time duration. Over the last 24 hours, DOGE fell by 0.7%. The current price action pointed towards a range-bound movement.\u003c/p\u003e\u003cp\u003eEver since broad market weakness stepped in, many altcoins have fallen on their respective charts. The technical outlook of Dogecoin price continues to indicate that there are chances of the bulls overtaking the bears provided buyers cooperate.\u003c/p\u003e\u003cp\u003eBulls will continue to struggle with overhead resistance from the lack of buyers in the market. Dogecoin price had bought in 4% rise recently, however, the bulls could not sustain that. This also pointed toward demand for the coin at the lower price levels.\u003c/p\u003e\u003ch3\u003eDogecoin price analysis: four-hour chart\u003c/h3\u003e\u003cpre id=\"attachment_500036\" class=\"wp-caption aligncenter\" aria-describedby=\"caption-attachment-500036\"\u003e\u003cimg loading=\"lazy\" class=\"wp-image-500036 size-full\" src=\"https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02.png\" sizes=\"(max-width: 1816px) 100vw, 1816px\" srcset=\"https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02.png 1816w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-460x198.png 460w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-860x370.png 860w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-768x331.png 768w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-1536x661.png 1536w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-750x323.png 750w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-02-1140x491.png 1140w\" alt=\"Dogecoin Price\" width=\"1816\" height=\"782\" data-pin-no-hover=\"true\" /\u003e\nSource: \u003ca href=\"https://www.tradingview.com/symbols/DOGEUSD/?exchange=BINANCE\" target=\"_blank\" rel=\"noopener\"\u003eDOGEUSD on TradingView\u003c/a\u003e\u003c/pre\u003e\u003cp\u003eDOGE was trading at $0.068 at the time of writing. It was recently defeated at the $0.071 price mark as sellers pulled the price down. This was because of the high demand for DOGE at lower levels. Overhead resistance for the coin stood at $0.070.\u003c/p\u003e\u003cp\u003eIf Dogecoin price trades above that price mark, the next resistance would be at $0.072. The nearby support level for the meme-coin awaited at $0.056. A fall in trading volume of the meme-coin displayed a rise in selling pressure. For the coin to break past the resistance, buyers have to re-enter the market.\u003c/p\u003e\u003ch3\u003eTechnical analysis\u003c/h3\u003e\u003cfigure id=\"attachment_500037\" class=\"wp-caption aligncenter\" aria-describedby=\"caption-attachment-500037\"\u003e\u003cimg loading=\"lazy\" class=\"wp-image-500037 size-full\" src=\"https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47.png\" sizes=\"(max-width: 1816px) 100vw, 1816px\" srcset=\"https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47.png 1816w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-460x176.png 460w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-860x329.png 860w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-768x294.png 768w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-1536x588.png 1536w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-750x287.png 750w, https://www.newsbtc.com/wp-content/uploads/2022/08/DOGEUSD_2022-08-25_22-07-47-1140x436.png 1140w\" alt=\"Dogecoin Price\" width=\"1816\" height=\"695\" data-pin-no-hover=\"true\" /\u003e\u003cfigcaption id=\"caption-attachment-500037\" class=\"wp-caption-text\"\u003eSource: \u003ca href=\"https://www.tradingview.com/symbols/DOGEUSD/?exchange=BINANCE\" target=\"_blank\" rel=\"noopener\"\u003eDOGEUSD on TradingView\u003c/a\u003e\u003c/figcaption\u003e\u003c/figure\u003e\u003cp\u003eThe Relative Strength Index moved south below the half-line proving that sellers were in charge. On the other hand, Dogecoin price was above the 20-SMA line, meaning that buyers were driving the price momentum in the market.\u003c/p\u003e\u003cp\u003eThe meme-coin portrayed that it could be a good opportunity for buyers to step in. The Moving Average Convergence Divergence picture the price momentum and changes in that. MACD formed green signal bars after a bullish crossover, this is tied to a buy signal.\u003c/p\u003e\u003cp\u003e\u0026nbsp;\u003c/p\u003e\u003cp\u003eMore real time crypto information — in our\u003cb\u003eTelegram Channel\u003c/b\u003e\u003ca href=\"https://t.me/Choise_com_Chat\"\u003ehttps://t.me/Choise_com_Chat\u003c/a\u003e\u003c/p\u003e","short_content":"The technical outlook of Dogecoin price indicates that there are chances of the bulls overtaking the bears provided buyers cooperate.","seo_title":null,"seo_description":null,"seo_keywords":null}]}},"__N_SSP":true},"page":"/news/[category]/[slug]","query":{"category":"dailyanalysis","slug":"crypto-daily-doge-stuck-in-range"},"buildId":"7rCyecYs2WbOTcVqCZGO0","isFallback":false,"isExperimentalCompile":false,"gssp":true,"locale":"en","locales":["en","es"],"defaultLocale":"en","scriptLoader":[]}</script><next-route-announcer></next-route-announcer></body></html>