DOGE Price Analysis for January 17
Analysis
Price Impact
MedDoge failed to sustain a breakout above local resistance and is now testing support. a breakdown below current support levels could lead to a further price decline.
Trustworthiness
MedThe analysis relies on technical chart patterns (false breakout, support/resistance levels) which are common, but market sentiment can be volatile.
Price Direction
BearishOn hourly and daily charts, doge made a false breakout of resistance ($0.1383) and is returning to test support at $0.1358. a break below this support could lead to a drop into the $0.1320-$0.1340 range.
Time Effect
ShortThe bearish sentiment is indicated on hourly and daily charts, suggesting potential movement in the very near term (tomorrow or soon). midterm, the article suggests low chances of sharp moves by the end of the month.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bulls are still unable to seize the initiative, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap DOGE/USD The rate of DOGE has declined by 0.39% over the last 24 hours. Image by TradingView On the hourly chart, the price of DOGE has made a false breakout of the local resistance at $0.1383. If the daily bar closes near the support, traders may see a test of the $0.1360 zone by tomorrow. Image by TradingView On the bigger time frame, the situation is also more bearish than bullish. The rate of DOGE is returning to the support level at $0.1358. You Might Also Like Fri, 01/16/2026 - 16:53 XRP Price Analysis for January 16 By Denys Serhiichuk If a breakout happens, the accumulated energy might be enough for a dump to the $0.1320-$0.1340 range soon. Image by TradingView From the midterm point of view, the price of DOGE is in the middle of the channel between the support at $0.1199 and the resistance at $0.1568. As the rate is far from the main levels, there are low chances to see sharp moves by the end of the month. DOGE is trading at $0.1375 at press time. #Dogecoin Price Prediction