Dogecoin price climbs to $0.090 before losing momentum

March 10, 2026

Dogecoin’s price has managed to climb above $0.090 after a recent dip to around $0.0860, but it is facing resistance around $0.0930. This resistance level could hinder any further upward movement, potentially leaving the meme token vulnerable to another decline.

The latest uptick in Dogecoin’s price saw it surpass resistance at $0.0880 and $0.090, following in the footsteps of recoveries in Bitcoin and Ethereum. Analyzing hourly chart data on Kraken, it shows that a rising channel has been established with support at $0.0904, and the current price is sitting above the 100-hourly simple moving average.

Despite the bounce, sellers have emerged around the $0.0925 mark, preventing further advancement. The 50% retracement level is positioned at $0.0950, presenting a significant hurdle for the token. If this level is breached, the next resistance lies at $0.0972, with a potential path opening up towards $0.1020 and even $0.1050.

However, failing to break through the $0.0930 resistance level could bring support levels back into focus at $0.0905 and $0.090. If Dogecoin’s price falls below $0.0884, it may face further downside towards $0.0860 or even $0.0835.

The strength of the recent bounce seems to be fading as indicated by the weakening buying pressure highlighted by the hourly MACD. Although the RSI remains above 50, signaling a neutral short-term outlook, the diminishing momentum suggests that the recovery might lack conviction.

For bullish investors, it is crucial to hold above the $0.090 support level to sustain the recent bounce. A failure to do so could confirm the continuation of the broader downtrend.
In another development, Nasdaq has connected European venues to Boerse Stuttgart’s blockchain settlement platform, further emphasizing the industry’s push towards tokenization.