DOGE Price Analysis of March 10, 2025: DOGE Recovering from $0.1650 Crash, Will It Surpass the $0.1750 Resistance Today?

Are you wondering if you should invest in Dogecoin right now? Investors are also looking for DOGE price analysis to get insights into the best trading zones for March 10, 2025. The Dogecoin price trend demonstrated a persistent downward movement on March 10, 2025, through its established pattern of declining highs and succeeding lows which created an overall downward channel. The bearish market movement resulted in a swift price decrease that reached its support amount at around $0.1650. In the current market DOGE has shown recovery signs while finding obstacles at $0.1750. The current price trend has created an ascending triangle pattern that indicates variables between a future breakout or a rejection move.

Analyzed by baishnabtriparna, published on TradingView on March 10, 2025

Bearish Trend and Downward Channel: Understanding DOGE Price Trend

Based on DOGE price analysis, a downward channel is seen in the Dogecoin price trend because it displays successive lower highs and lower lows. The price experienced a deep decline before settling at the support level, which reached nearly $0.1650. DOGE has started a recovery phase while stumbling at resistance levels at $0.1750 after its support confirmation point. The rising shape of the current price action shows an ascending triangle that presents two possible outcomes: breaking above the pattern or getting rejected.

DOGE started its market downtrend after breaking through an established resistance area ranging from $0.1800 to $0.1850 before sellers established dominance within an institutional selling pattern. A continuous pattern of bearish pressure emerged when traders tried to recover their positions because sellers received resistance at every attempt. The price established $0.1650 as its initial support point continues to control current price movements. A downward price movement has ended after reaching its most reduced position at $0.1750 where DOGE currently encounters resistance in its upward movement.

DOGE Price Today: Are Buyers Gaining Strength in the DOGE Market?

As per the DOGE price analysis, market participants consider the Relative Strength Index (RSI) fundamentally important for detecting trend exhaustion signals along with market trend changes. RSI entered exponentially depressed zones several times before the downtrend discontinuation, indicating intense selling pressure might precede an upcoming increase. As RSI stands at 52.12 above the neutral range it indicates buying pressure is rising yet has not reached dominance.

Market sentiment changes became visible through various important crossover signals that appeared from the MACD indicator. The several death crosses that emerged during the downward trend period strengthened the overall negative market sentiment. When the price reached its most minimal level, researchers observed the formation of a golden cross, which signified possible market changes. Buyers took control of the market following this period as DOGE started moving upward. 

What’s Next for DOGE – Breakout or Breakdown?

The DOGE price today faces an important milestone since its price maintains a tight range below crucial resistance counterelements. Bulls who succeed in driving the price past $0.1750 may generate additional upward movement, reaching $0.1800 and potentially $0.1850. Dual indicators on the RSI and MACD display conflicted signals, which need a price breakout or breakdown for traders to identify the forthcoming significant price direction. A downturn for DOGE will occur if its price drops below $0.1700 because it may continue declining toward $0.1650 support. Monitoring volume patterns alongside breakout patterns forms the basis through which traders can make successful trading choices in upcoming sessions.