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Dogecoin Dives Near Yearly Lows Amid Ongoing Bearish Trend

Guavy AI Editorial Team Published August 1, 2026

Instruments

DOGE

Dogecoin's downtrend continues, with the meme coin trading near its yearly lows at $0.069.

This is despite a failed attempt to recover above $0.11 in May, which was seen as a key resistance level.

The 50-day moving average of $0.073 serves as the nearest resistance for Dogecoin, followed by the 100-day average near $0.078.

Momentum indicators continue to favor sellers, with the Relative Strength Index (RSI) at 39, well below the neutral 50 level.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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