Dogecoin (DOGE) Signals Recovery as Indicators Hint at Breakout Potential

Dogecoin (DOGE) is giving early indications of a possible recovery after a recent decline, as technical indicators point to a possible breakout, which might lead to a price surge if it occurs. However, currently, the momentum of Dogecoin is low, and the trend is still bearish.

At the time of writing, Dogecoin (DOGE) is trading at $0.1037, with a 24-hour trading volume of $1.83 billion and a market capitalization of $17.32 billion. Over the last 24 hours, DOGE has gained 8.09%, signaling a possible shift after recent bearish activity. Data sourced from CoinMarketCap.

Source: CoinMarketCap

Dogecoin Shows Early Signs of Reversal

On February 14, 2026, crypto analyst World Of Charts said that the price of the Dogecoin cryptocurrency is displaying early technical indications of a potential reversal. The analyst, however, stressed that a breakout confirmation is still necessary.

For now, investors should watch the price action as it nears the trendline resistance in both the DOGE/BTC and DOGE/USDT trading pairs. A breakout could lead to a bigger move higher, even doubling from current price levels.

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DOGE Struggles Amid Bearish Signals

Although there have been recent advances, Dogecoin’s upward momentum is still restricted. Dogecoin’s Relative Strength Index (RSI) is currently trading at 35.19, which is a little lower than the standard 37.65.

The current trading price is $0.1027, which is below major Simple Moving Averages (SMAs), i.e., 20-day SMA $0.1523, 50-day SMA $0.1821, 100-day SMA $0.1926, and 200-day SMA $0.1362. This means that the overall trend of Dogecoin is still bearish.

The Moving Average Convergence Divergence indicator is also showing weakness, with the MACD line at -0.0273 below the signal line, which is at -0.0230, and a negative histogram at -0.0043. There is selling pressure, but it’s not accelerating. DOGE might face pressure if the momentum does not improve and the indicators turn positive.

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