How High Can Dogecoin (DOGE) Price Go in March

CaptainAltcoin
DOGE-0.47%

Dogecoin (DOGE) is entering March under pressure. Fresh on-chain data shows weakening demand. Santiment reports that DOGE’s Price–Daily Active Addresses divergence has fallen to -49%, a two-month low, as price slipped below $0.10.

Daily active addresses dropped sharply from 87,727 at the end of January to just 38,696 by late February.

However, derivatives sentiment has turned negative, with trading volume down more than 34% and positioning skewed toward shorts.

With the DOGE price trading near $0.09145, March will likely be defined by whether this support holds, or gives way.

  • Here’s What The Dogecoin Chart Is Showing
  • What the Indicators Are Showing
  • March Price Targets for DOGE

Here’s What The Dogecoin Chart Is Showing

We had a look at the 4-hour DOGE chart, and the broader pattern remains bearish. Price topped near the $0.20 area months ago and has since printed a clear sequence of lower highs and lower lows.

Every rally attempt has been capped below previous resistance. The most recent recovery stalled just under the $0.11 region before rolling over again.

Right now, the DOGE price is hovering around the $0.09–$0.092 zone. That area has acted as short-term support in early February after a flush toward $0.080. Buyers stepped in there once, but follow-through has been limited.

The key level above remains $0.108–$0.11. That zone aligns with prior breakdown structure and the descending resistance trendline mentioned by analysts. Unless DOGE pushes above that region with conviction, the broader trend remains under pressure.

Source: Coinank

What the Indicators Are Showing

Trading volume has been quiet during the recent bounce attempts. That usually means buyers aren’t stepping in with strong conviction.

Momentum indicators tell a similar story. The CCI fluctuates up and down, indicating short bursts of strength, but there has been nothing significant in the way of a sustained move in either direction. Williams %R continues to fall to oversold levels, only to rebound again, a sign of a sideways, or “choppy,” market.

Open interest data shows some traders are placing bets, but there’s no clear sign of heavy long buying. On-chain activity has also slowed, and derivatives sentiment isn’t strong. Overall, the market still looks cautious.

At this stage, the indicators support what price is showing stabilization, not strength.

_****ChatGPT Predicts the Price of XRP and Bitcoin If a U.S.–Iran Ceasefire Is Announced**

March Price Targets for DOGE

With DOGE trading near $0.09145, the levels for March are clearly defined.

If Dogecoin manages to push above the $0.108–$0.11 area and hold it as support, the next logical upside zone sits around $0.13–$0.15. That’s where price previously spent time consolidating before the last leg lower.

If the trend continues to gain momentum, and the overall crypto space continues to grow, a strong move to the range of $0.18 to $0.20 could be seen in the future. However, this kind of move will require actual buying power, not just a short squeeze.

On the other hand, if $0.09 gives way, the door opens back toward the $0.080–$0.082 range, which has already been tested once during the recent selloff. A breakdown below that would reopen the path toward the mid-$0.07 area.

Right now, the DOGE price is not in breakout mode. It is sitting at support with weak demand behind it. March will likely come down to one simple question: does $0.09 hold, or does selling pressure take control again?

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Memecoin: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

As the week begins, meme coins are struggling to fluctuate around key support levels after a prolonged week of decline. Dogecoin (DOGE) currently signals a fairly neutral short-term trend, although the balance still leans slightly toward the negative. Meanwhile, Shiba Inu holders

TapChiBitcoin50m ago

The calculation catastrophe is back! Elon Musk personally promotes X's "filtering feature" to eliminate crypto KOL posts?

Elon Musk's dynamic filtering feature on the X platform has sparked widespread discussion among the cryptocurrency community and political commentators. The move aims to reduce information overload and give users more control, but it also carries the risk of reinforcing echo chambers. Many organizations that rely on X for marketing are panicking, worried about losing traffic access. The filtering feature helps create a cleaner discussion environment but may also lead to decreased exposure of important issues, posing a challenge for X's social features in the future.

ChainNewsAbmedia11h ago

Dogecoin Price Compresses Near $0.10 as Open Interest Drops

Dogecoin is currently trading between $0.0964 and $0.1005, indicating tightening volatility with reduced open interest. Recent exchange flows show stabilization near the $0.10 psychological level, signaling cautious trader positioning and the potential for significant price movements based on defined support and resistance levels.

CryptoNewsLand19h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)