Learn Crypto 🎓

Dogecoin Technical Analysis Report 17 September, 2025

Dogecoin

Given the strength of the resistance level 0.2855 and the widespread bearish sentiment viewn across the cryptocurrency markets today, Dogecoin cryptocurrency can be expected to fall to the next support level 0.25001 (former resistance from August). 

  • Dogecoin reversed from resistance zone
  • Likely to fall to support level 0.2500

Dogecoin cryptocurrency recently reversed up from the resistance zone between the multi-month resistance level 0.2855 (former strong support from December which has been reversing the price from February, as can be viewn from the daily Dogecoin chart below), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from December. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing –which  stopped the earlier impulse wave iii .

Given the strength of the resistance level 0.2855 and the widespread bearish sentiment viewn across the cryptocurrency markets today, Dogecoin cryptocurrency can be expected to fall to the next support level 0.25001 (former resistance from August).

Dogecoin Technical Analysis
Dogecoin Technical Analysis

The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.

The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you viewk independent professional advice or conduct your own independent research before acting upon any information contained in this article.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button