DOGE Price Analysis for February 4

DOGE Price Analysis for February 4

Source: UToday

Published:15:39 UTC

BTC Price:$74130

#DOGE #Bearish #Crypto

Analysis

Price Impact

High

Doge is breaking crucial local support at $0.1055 and is heading towards significant lower support levels, potentially reaching the $0.090-$0.095 range, indicating a substantial price movement.

Trustworthiness

Med

The analysis is based on technical chart patterns from tradingview, which are standard analytical tools. however, all price predictions carry inherent uncertainty and are not financial advice, as stated in the disclaimer.

Price Direction

Bearish

Doge has declined by 1.81% and is breaking local support levels. the hourly and longer timeframes suggest a continued downtrend towards $0.1010, and potentially $0.090-$0.095, unless the $0.095 level holds on a weekly close for a potential bounce.

Time Effect

Short

The immediate bearish move is expected by 'tomorrow' (short-term). a more profound drop could happen 'soon'. a potential bounce if $0.095 holds could unfold over the 'rest 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 The market is mainly falling in the middle of the week, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap DOGE/USD The price of DOGE has declined by 1.81% over the last 24 hours. Image by TradingView On the hourly chart, the rate of DOGE is breaking the local support at $0.1055. If the daily bar closes below that mark, traders may see a test of the $0.1020-$0.1030 range by tomorrow. Image by TradingView On the longer tieme frame, the price of DOGE is coming back to the support level at $0.1010. If its breakout happens, the accumulated energy might be enough for a more profound drop to the $0.090-$0.095 range soon. Image by TradingView From the midterm point of view, traders should focus on the weekly candle's closure in terms of the $0.095 level. You Might Also Like Tue, 02/03/2026 - 15:43 SHIB Price Analysis for February 3 By Denys Serhiichuk If the bar closes far from it, one can expect a bounce off to the $0.11-$0.12 area. Such a scenario is relevant for the rest of the month. DOGE is trading at $0.1040 at press time. #Dogecoin Price Prediction