Published: Apr 18, 2026 at 15:09
Dogecoin has rallied above the moving average lines for the fifth time, reaching the $0.10 high.
In other words, the altcoin was rejected at its most recent high, forcing it to continue its sideways trend.
DOGE price long-term prediction: bullish
Today, the cryptocurrency resisted at the $0.10 high. The inference is that DOGE will fall and remain in a range above the moving average lines but below the resistance at $0.10. If DOGE breaches the 21-day and 50-day SMA support levels, the bearish trend will extend to a low above $0.09.
On the upside, DOGE will resume its upward trend if buyers maintain positive momentum above the $0.10 high. DOGE is currently at $0.098.
Technical indicators
DOGE indicators reading
DOGE is trading above the horizontal moving average lines. The price is above the 50-day SMA support but below the $0.10 high. On the 4-hour chart, the price is above the upward-sloping moving average lines. The 21-day SMA above the 50-day SMA indicates a rising trend. The candlesticks have wicks, indicating strong selling pressure.
What is the next direction for Dogecoin?
DOGE’s price has resumed its bullish ascent after breaking above the moving average lines on the 4-hour chart. On April 16, the bullish trend halted at the high of $0.0998. DOGE is currently trading above the moving averages but below the $0.10 high. DOGE will continue to increase if buyers break the resistance at $0.10. Otherwise, DOGE will decrease and remain above the moving average lines.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/doge-under-intense-pressure/
