{"id":588475,"date":"2026-04-13T12:00:19","date_gmt":"2026-04-13T16:00:19","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=588475"},"modified":"2026-04-13T05:05:35","modified_gmt":"2026-04-13T09:05:35","slug":"can-dogecoin-survive-0-088-support-test-doges-recovery-hinges-on","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/can-dogecoin-survive-0-088-support-test-doges-recovery-hinges-on\/","title":{"rendered":"Can Dogecoin survive $0.088 support test? DOGE’s recovery hinges on\u2026"},"content":{"rendered":"

The largest crypto memecoin, Dogecoin [DOGE], is once again in the spotlight despite ongoing market uncertainty.<\/p>\n

Over the past 24 hours, DOGE\u2019s price has barely moved. Even so, the optimism surrounding it suggests a potential shift ahead.<\/p>\n

As of the 13th of April, the broader crypto market declined by 0.51%, bringing the total market cap to $2.42 trillion. During the same period, DOGE slipped 0.25% and traded at $0.0915.<\/p>\n

At the same time, market participation appeared hesitant. Trading volume dropped by over 36% to $873.40 million, reflecting reduced activity. This drop in both price and volume suggested that traders were holding back, limiting immediate downside pressure.<\/p>\n

What are experts seeing?<\/h2>\n

Despite the muted activity, several experts on X shared optimistic views that quickly gained traction.<\/p>\n

One analyst pointed out that DOGE\u2019s chart<\/a> still supports a long-term move toward $2. According to him, the $0.07 to $0.09 range remains a strong accumulation zone, with targets at $0.5, $1, and $2.<\/p>\n

Another expert highlighted DOGE\u2019s monthly RSI<\/a>, noting that it has reached levels historically linked to reversals. In 2016, 2020, and 2023, similar RSI conditions preceded strong rallies.<\/p>\n

This pattern suggested that DOGE could be setting up for another upside move, even if the timing remains uncertain.<\/p>\n

Why is DOGE price still stuck?<\/h2>\n

However, the daily chart painted a more restrained picture.<\/p>\n

DOGE continued to trade within a descending triangle, moving sideways for nearly 25 days between $0.088 and $0.096.<\/p>\n

This prolonged consolidation kept price action compressed, with no clear breakout yet.<\/p>\n

A decisive move beyond either boundary could define the next trend. A break above $0.096 may push the price higher, while a drop below $0.088 could trigger further losses.<\/p>\n

At press time, the Average Directional Index (ADX) stood at 10.89, indicating weak trend strength. This aligned with the ongoing sideways movement.<\/p>\n

\"Dogecoin<\/a>
Source: TradingView<\/figcaption><\/figure>\n

DOGE: Investors and traders share mixed sentiment\u00a0<\/b><\/h2>\n

Market sentiment remained split across different participants.<\/p>\n

On-chain data showed that long-term holders continued to accumulate. Over the past 48 hours, around $5 million worth of Dogecoin [DOGE]<\/a> moved out of exchanges, signaling potential holding behavior.<\/p>\n

However, short-term traders leaned in the opposite direction.<\/p>\n

\"DOGE<\/a>
Source: CoinGlass<\/figcaption><\/figure>\n

The Exchange Liquidation Map highlighted $0.0893 and $0.0929 as key leverage zones. Around $7.89 million in long positions and $13.76 million in short positions were concentrated at these levels.<\/p>\n

This imbalance suggested that bears held the short-term edge, even as long-term players quietly accumulated.<\/p>\n

\"DOGE<\/a>
Source: CoinGlass<\/figcaption><\/figure>\n
\n

Final Summary<\/strong><\/h2>\n