Dogecoin Faces $0.30 Resistance Again as Long-Term Channel Holds Amid Cooling Momentum

Key Points

1. Dogecoin has faced repeated rejections at the $0.30 mark in 2025, with price falling to $0.17 after the first rejection and trading sideways between $0.17 and $0.22 for weeks.

2. Biweekly data from 2014 to 2025 shows Dogecoin trading within a wide ascending channel, with major rallies in 2017, 2021, and 2024 starting near the lower trendline.

3. Cycle analysis suggests Dogecoin's Cycle 3 could potentially reach $2.22806, based on Fibonacci extensions, though this level remains untested.

4. Current momentum indicators show reduced buying pressure, with MACD narrowing and RSI falling from overbought territory, while DOGE/BTC holds a range between 0.00000180 BTC and 0.00000450 BTC since 2022.

5. Dogecoin's price action is constrained by the $0.30 resistance level, with future trajectory dependent on whether it can break through this barrier.