Dogecoin (DOGE) Price Exploded The Last Two Times This Signal Fired – It Just Fired Again

24-Feb-2026 CoinCentral

TLDR

  • Dogecoin dropped below $0.10, hitting a low of $0.0909 on February 24, 2026
  • DOGE is trading below the 100-hourly moving average with a bearish trend line at $0.0958
  • Key resistance levels sit at $0.0958, $0.0975, and $0.10; support levels at $0.0910 and $0.0880
  • A new cycle indicator shows DOGE has spent more than 1,100 historical days above its current price — a first in its history
  • The only two previous times a comparable reading appeared were near the March 2020 and October 2023 cycle lows

Dogecoin fell below the $0.10 mark on February 24, 2026, continuing a broader crypto market decline that also hit Bitcoin and Ethereum.

Dogecoin (DOGE) Price
Dogecoin (DOGE) Price

DOGE dropped as low as $0.0909 before staging a small recovery. The price is currently hovering under $0.0950, showing no clear sign of a reversal yet.

The coin is trading below the 100-hourly simple moving average. A bearish trend line has formed on the hourly chart, with resistance sitting at $0.0958.

A recovery attempt pushed the price briefly above $0.0925, but it failed to hold above the 38.2% Fibonacci retracement level of the recent drop from $0.0974 to $0.0909.

For bulls to regain control, DOGE needs to close above $0.0958, then $0.0975. A move past $0.0975 could open the door to $0.10 and possibly $0.1020.

On the downside, if DOGE stays below $0.0958, the next support levels are $0.0910 and $0.0880. A break below $0.0880 could send the price toward $0.0832 or $0.0820.

Cycle Indicator Hits Uncharted Territory

While the short-term price action looks weak, one longer-term metric is drawing attention from analysts.

Alphractal founder Joao Wedson posted on X that DOGE has now crossed 1,100 on his “Number of Days Spent at a Profit” indicator — a first in Dogecoin’s history.

The metric counts how many prior days in DOGE’s history saw prices higher than today’s level. A higher number means today’s price is below a larger share of its historical trading range.

Before this reading, DOGE only crossed the 800-day threshold twice. Both times happened near major market bottoms — March 2020 and October 2023.

What Happened After Those Previous Lows

After the March 2020 bottom, DOGE rallied from around $0.0011 to nearly $0.76 by November 2021 — a gain of over 65,000%.

After the October 2023 low, DOGE climbed roughly 750%, rising from $0.0569 to $0.4846 by December 2024.

Wedson described the 1,100+ reading as “a structural cycle metric, not just a short-term move.”

He framed it as a regime-level data point about where today’s price sits relative to Dogecoin’s full trading history.

As of February 24, DOGE continues to trade below $0.0950 with bearish pressure intact on the hourly chart.

The post Dogecoin (DOGE) Price Exploded The Last Two Times This Signal Fired – It Just Fired Again appeared first on CoinCentral.

Also read: Crypto and Bitcoin Market News: Key Events from the Last Week (July 30 – August 5, 2025)
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