Dogecoin under pressure: With Death Cross and a sharp decline in price – where is the journey going on March 25, 2025?

Dogecoin under pressure: With Death Cross and a sharp decline in price – where is the journey going on March 25, 2025?

Dogecoin forecast for March 25, 2025: A look at the current developments

The current situation surrounding Dogecoin (DOGE) shows that a death cross has formed on the daily chart. This suggests that the trend is bearish in the short to medium term. In the last four months, the price of Dogecoin has fallen by over 70.5%, raising questions about whether the price will continue to decline.

Dogecoin price and significant support

DOGE price has experienced a decline of around 70.5% over the past four months, reaching the 50-month EMA at around $0.134. At this point, Dogecoin is finding significant support. Additionally, Dogecoin has bearishly broken through the golden ratio support at around $0.215, while the MACD histogram has been ticking lower in a bearish manner since last month. The MACD lines are still bullishly crossed, signaling some optimism, while the RSI is in a neutral position.

Increase in the Dogecoin price in the last few weeks

Despite the previous declines, the Dogecoin price has been trending upwards for three weeks. The MACD histogram has been ticking bullishly higher since last week, while the MACD lines continue to cross bearishly. The EMAs, on the other hand, show a golden crossover, which means that the medium-term trend is bullishly confirmed. Dogecoin could reach the 50-week EMA at around $0.213, which acts as a key resistance. There are also further significant Fibonacci resistances at around USD 0.272 and USD 0.355.

However, if Dogecoin continues the correction, support lies at the 200-week EMA at around $0.1367.

The Death Cross in the daily chart

On the daily chart, the RSI is also neutral and the MACD lines are bullishly crossed, while the MACD histogram is trending upwards. Nevertheless, the recently formed Death Cross shows that the trend is bearish in both the short and medium term. However, Dogecoin could continue rising to reach the next Fibonacci resistances.

Possible price development and resistance levels

A rise to the next .382 Fibonacci level at around $0.272 would imply an upside potential of around 48%. The indicators on the 4H chart show mixed signals. Here too there is a death cross, which indicates a short-term bearish trend. While the MACD lines have crossed bullishly, the MACD histogram is ticking lower bearishly. The RSI is hovering near overbought areas but is not showing bearish divergence. On the downside, significant support remains relevant at around $0.1589.

Dogecoin vs Bitcoin

Against Bitcoin, Dogecoin is showing significant support at prices between around 0.00000113 BTC and 0.00000183 BTC and is currently bouncing bullishly. The next significant resistance is at the 50-month EMA at around 0.00000256 BTC. A bearish crossover of the MACD lines may be imminent, while the MACD histogram has been ticking bearishly lower since last month and the RSI remains neutral.

Conclusion

Overall, it can be seen that Dogecoin is currently going through a critical phase that is characterized by strong price movements. Investors should keep an eye on both support and resistance levels to make informed decisions.