Dogecoin started a steady increase above $0.150 against the US Dollar. DOGE is now consolidating and might correct lower to $0.1480.
Dogecoin price started a fresh increase after it settled above $0.1420, like Bitcoin and Ethereum. DOGE climbed above the $0.150 resistance to enter a positive zone.
The bulls were able to push the price above $0.1550. A high was formed at $0.1565 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1330 swing low to the $0.1565 high.
Besides, there is a bullish trend line forming with support at $0.1490 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.150 level and the 100-hourly simple moving average.
If there is another increase, immediate resistance on the upside is near the $0.1565 level. The first major resistance for the bulls could be near the $0.160 level. The next major resistance is near the $0.1620 level. A close above the $0.1620 resistance might send the price toward $0.1685. Any more gains might send the price toward $0.1740. The next major stop for the bulls might be $0.180.
If DOGE’s price fails to climb above the $0.1565 level, it could start a downside correction. Initial support on the downside is near the $0.1510 level. The next major support is near the $0.1480 level and the trend line.
The main support sits at $0.1450 and the 50% Fib retracement level of the upward move from the $0.1330 swing low to the $0.1565 high. If there is a downside break below the $0.1450 support, the price could decline further. In the stated case, the price might slide toward the $0.1380 level or even $0.1330 in the near term.
Technical Indicators
Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.
Major Support Levels – $0.1510 and $0.1480.
Major Resistance Levels – $0.1565 and $0.1600.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more