{"id":6768,"date":"2026-02-18T19:34:48","date_gmt":"2026-02-18T19:34:48","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6768"},"modified":"2026-02-18T19:34:48","modified_gmt":"2026-02-18T19:34:48","slug":"dogecoin-price-tests-0-1-as-this-chart-pattern-hints-at-possible-rebound","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6768","title":{"rendered":"Dogecoin price tests $0.1 as this chart pattern hints at possible rebound"},"content":{"rendered":"
A cup and handle pattern is forming, hinting at a potential breakout if the resistance breaks.<\/li>\n
Support lies near $0.08, with higher volume needed for a sustained upward move.<\/li>\n<\/ul>\n
Dogecoin is hovering around the $0.10 mark after a shaky month that saw the price dip over 20%.<\/p>\n
The popular meme coin has struggled to hold momentum, with trading volumes showing signs of weakness.<\/p>\n
Even so, there are hints in the charts that a rebound could be forming.<\/p>\n
Technical analysis<\/h2>\n
Looking at the moving averages, DOGE is currently below the 5-day, 10 and 20-day averages.<\/p>\nDogecoin price chart | Source: TradingView<\/figcaption><\/figure>\n
This typically signals that the short-term trend is weak.<\/p>\n
Traders often watch for the price to climb above these averages as an early sign of bullish momentum.<\/p>\n
Right now, resistance is in the $0.105\u2013$0.107 range.<\/p>\n
A break above this level would be an important signal for those hoping for a recovery. The MACD indicator is also showing mixed signals.<\/p>\n
The MACD line has moved above the signal line despite both being in the negative, and the histogram has turned positive, suggesting that buyers are beginning to step in after a period of inactivity.<\/p>\n
However, volume is still modest. A strong breakout would require significantly more trading activity than the roughly $33 million seen recently.<\/p>\n
Support remains solid at around $0.08, which has already acted as a bounce point.<\/p>\n
This level has prevented further sharp declines and could continue to anchor the price if bearish pressure returns.<\/p>\n
Cup and handle pattern points to possible upside<\/h2>\n
On the daily chart, Dogecoin is forming a classic Cup and Handle pattern.<\/p>\n
The Cup bottomed near $0.08 and then rallied toward $0.11.<\/p>\n
The Handle is now forming near the top of the Cup, consolidating just below resistance.<\/p>\nCup and handle pattern | Source: Trader Tardigrade on CoinMarketCap<\/figcaption><\/figure>\n
This formation often precedes a breakout when the price moves above the Handle.<\/p>\n
If Dogecoin can clear this resistance, it could push toward higher levels, reigniting optimism among traders.<\/p>\n
Chart patterns like this are watched closely because they combine both support and momentum signals.<\/p>\n
They show where traders are willing to buy and where sellers may step in.<\/p>\n
In Dogecoin\u2019s case, the pattern suggests that there is still potential for upside, but it won\u2019t happen without stronger buying interest.<\/p>\n
Volume and momentum will be key to confirming the breakout. Traders are likely waiting for both to pick up before committing heavily.<\/p>\n
Even with these early bullish signs, caution is warranted.<\/p>\n
The market has been volatile, and DOGE has lost significant value over the past year. Short-term gains are possible, but the overall trend remains fragile.<\/p>\n
Dogecoin struggles below key moving averages, signaling weak short-term trend. A cup and handle pattern is forming, hinting at a potential breakout if the resistance breaks. Support lies near $0.08, with higher volume needed for a sustained upward move. Dogecoin is hovering around the $0.10 mark after a shaky month that saw the price dip<\/p>\n","protected":false},"author":1,"featured_media":6769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6768","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\n
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![\"Dogecoin](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/dogecoin-price.png\")
\n<\/picture> <\/div>\n<\/p><\/div>\n![\"Dogecoin](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/Dogecoin-price-chart-1.png\")
![\"Cup](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/Cup-and-hundle-pattern-forms-on-Dogecoin-chart.jpg\")