DOGE Price Analysis for February 11
Analysis
Price Impact
HighThe analysis suggests doge could break local support at $0.08940, potentially dropping to the $0.089 range, then test $0.08675. midterm, a break below $0.095 could lead to a decline to the $0.080 zone for the rest of the month, indicating significant downward movement.
Trustworthiness
MedThe analysis is based on technical chart patterns, including support levels and trading volume across hourly, daily, and weekly timeframes, providing specific targets. however, it's an interpretation and market conditions can change.
Price Direction
BearishDoge has already declined by 3.37% in the past day. low volume indicates a lack of buying interest. the failure to bounce off local support and the potential break of the $0.095 midterm support strongly point to further downward pressure.
Time Effect
ShortImmediate price action is expected within the day or shortly (hourly and daily chart analysis). while a midterm outlook to the end of the month is mentioned, the most pressing predictions are short-term support tests and breakouts.
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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 does not seem ready to rise from its current levels, according to CoinStats . Advertisement DOGE chart by CoinStats DOGE/USD The rate of DOGE has declined by 3.37% over the past day. Image by TradingView On the hourly chart, the price of DOGE is near the local support at $0.08940. If the bounce off does not happen until the end of the day, traders may witness a breakout, followed by a further drop to the $0.089 range. Image by TradingView On the longer time frame, there are also no reversal signals yet. The volume remains low, which means buyers are not ready yet to seize the initiative. You Might Also Like Tue, 02/10/2026 - 16:11 Binance Coin (BNB) Price Analysis for February 10 By Denys Serhiichuk All in all, there is a high chance of seeing a test of the support level at $0.08675 shortly. Image by TradingView From the midterm point of view, the rate of DOGE is breaking the $0.095 support. If the weekly bar fixes below that mark, the decline may continue to the $0.080 zone for the rest of the month. DOGE is trading at $0.09040 at press time. #Dogecoin Price Prediction