Check it out! Dogecoin (DOGE) faces tough challenges, will it continue to lose money?

Jakarta, Pintu News – Dogecoin has recently experienced a sharp drop below the $0.1280 zone against the US Dollar. Now, the cryptocurrency is in a loss consolidation phase and seems to be facing some hurdles ahead.

Introduction: Current State of Dogecoin (DOGE)

Dogecoin (DOGE) started a significant decline after closing below $0.1320. The currency continued to slide past the supports at $0.1280 and $0.1220, even reaching below $0.1180. The lowest point was recorded near $0.1155, and is currently showing strong bearish signs. This is causing concern for investors and market watchers.

Also Read: 3 Bitcoin Scenarios of 2026: Failure to Survive at $100K Could Trigger a Major Crash

Technical Analysis: Indicators and Support

The hourly MACD (Moving Average Convergence Divergence) indicator for Dogecoin (DOGE)/USD is now losing momentum in the bearish zone. Meanwhile, the hourly RSI (Relative Strength Index) is below the 50 level, indicating that selling pressure still dominates. The nearest major support is at $0.1215, followed by another important support at $0.1200. If the price is unable to recover and break above $0.1300, further downside potential is possible.

Potential Barriers and Resistance

Dogecoin (DOGE) is currently facing critical resistance at $0.1300. If it is unable to break this level, there is a possibility that the currency will continue to slide. The next resistance lies at $0.1330. Traders and investors need to pay attention to these levels as they will determine the next direction Dogecoin (DOGE) will take in the near future.

The Future of Dogecoin (DOGE)

With the challenges it faces, the future of Dogecoin (DOGE) seems uncertain. Investors are advised to conduct in-depth research before making an investment decision. Given the high volatility in the crypto market, caution should always be exercised.

Also Read: 3 Reasons 2026 Is No Longer About Cycles, This Is What Actually Drives Crypto Prices

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Dogecoin (DOGE) Rebound Fragile, Can Bulls Overcome $0.130? Accessed on January 22, 2026