On the evening of December 8, 2025, DOGE continued its medium-term downtrend. Although there were signs of a weak short-term rebound, sellers remained dominant, with a potential reversal hidden in a wedge breakout. The following is the specific technical analysis for that night:
1. Overall Trend and Key Levels: On the day, DOGE prices fluctuated around $0.14. The first key resistance to watch is the 20-day exponential moving average at $0.15, with further resistance at the upper Bollinger Band around $0.17. On the support side, the primary support is at $0.135; if broken, the next strong support is in the bullish order zone between $0.13 - $0.09, a region that has historically attracted long-term buyers. Additionally, a descending wedge pattern is forming on the 12-hour chart, currently approaching the upper boundary. Whether there is a breakout will determine if the short-term trend can reverse the decline.
2. Daily Chart: The price is below the middle Bollinger Band and below the 20-day, 50-day, and 200-day moving averages, with EMAs arranged in a downward order, making the medium-term structural bearish trend clear. The MACD shows the line and signal line nearly overlapping in negative territory, with the histogram close to zero; downward momentum is stabilizing but not dissipated. The RSI is slightly above 33, not yet at extreme oversold levels, and persistent selling pressure still makes rebounds prone to selling.
3. 4-Hour Chart: There was previously a large bullish candlestick, with the closing price breaking above the previous high, indicating a potential recovery. The MACD histogram remains negative but is gradually shortening, suggesting bullish strength is slowly increasing. However, the KDJ is in a neutral range with a death cross present, and there is a divergence between volume and price, casting doubt on the sustainability of the short-term rebound.
4. Short-Term Charts: On the hourly chart, the price is slightly below the 50 and 200-period moving averages, with RSI around 24, near oversold, which may trigger a short-term weak rebound. However, the MACD is flat, and intraday momentum is weak, so any rebound is likely to quickly encounter resistance. On the 15-minute chart, moving averages are flattening, RSI is around 39, indicating a brief attempt at a rebound, but it is unlikely to change the overall short-term downtrend. #美联储降息预测 $DOGE
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On the evening of December 8, 2025, DOGE continued its medium-term downtrend. Although there were signs of a weak short-term rebound, sellers remained dominant, with a potential reversal hidden in a wedge breakout. The following is the specific technical analysis for that night:
1. Overall Trend and Key Levels: On the day, DOGE prices fluctuated around $0.14. The first key resistance to watch is the 20-day exponential moving average at $0.15, with further resistance at the upper Bollinger Band around $0.17. On the support side, the primary support is at $0.135; if broken, the next strong support is in the bullish order zone between $0.13 - $0.09, a region that has historically attracted long-term buyers. Additionally, a descending wedge pattern is forming on the 12-hour chart, currently approaching the upper boundary. Whether there is a breakout will determine if the short-term trend can reverse the decline.
2. Daily Chart: The price is below the middle Bollinger Band and below the 20-day, 50-day, and 200-day moving averages, with EMAs arranged in a downward order, making the medium-term structural bearish trend clear. The MACD shows the line and signal line nearly overlapping in negative territory, with the histogram close to zero; downward momentum is stabilizing but not dissipated. The RSI is slightly above 33, not yet at extreme oversold levels, and persistent selling pressure still makes rebounds prone to selling.
3. 4-Hour Chart: There was previously a large bullish candlestick, with the closing price breaking above the previous high, indicating a potential recovery. The MACD histogram remains negative but is gradually shortening, suggesting bullish strength is slowly increasing. However, the KDJ is in a neutral range with a death cross present, and there is a divergence between volume and price, casting doubt on the sustainability of the short-term rebound.
4. Short-Term Charts: On the hourly chart, the price is slightly below the 50 and 200-period moving averages, with RSI around 24, near oversold, which may trigger a short-term weak rebound. However, the MACD is flat, and intraday momentum is weak, so any rebound is likely to quickly encounter resistance. On the 15-minute chart, moving averages are flattening, RSI is around 39, indicating a brief attempt at a rebound, but it is unlikely to change the overall short-term downtrend. #美联储降息预测 $DOGE