Why is Dogecoin USD dropping today?

DOGEUSD is declining due to broader altcoin weakness triggered by Bitcoin's pullback. The **3.79% daily drop** reflects risk-off sentiment and liquidations across meme coins. Reduced trading volume and a break below the 50-day moving average have accelerated selling pressure in Dogecoin USD.

What is the Dogecoin USD price forecast?

Meyka AI forecasts DOGEUSD at **$0.2263 yearly**, implying **142% upside** from current levels. The three-year target is **$0.2519** and five-year target is **$0.2771**. These forecasts assume improved altcoin sentiment and stable macro conditions for Dogecoin USD.

What are the key support levels for DOGEUSD?

The immediate support for Dogecoin USD is **$0.0900** (lower Bollinger Band). The next level is the **yearly low of $0.0816**. Resistance begins at **$0.1100**, followed by the **50-day moving average at $0.1136** for DOGEUSD.

Is Dogecoin USD oversold right now?

Yes, the **RSI at 39.32** indicates oversold conditions for DOGEUSD, suggesting selling pressure may ease. However, the **ADX at 36.23** confirms a strong downtrend, meaning oversold bounces in Dogecoin USD may face resistance from sellers.

What technical indicators matter most for DOGEUSD?

The **ADX at 36.23** shows trend strength, while **RSI at 39.32** signals oversold conditions. The **MACD at -0.01** confirms bearish momentum. Bollinger Bands at **$0.0900 to $0.1100** define the trading range for Dogecoin USD.

Crypto Insights

Dogecoin USD Slides 3.79% as Altcoins Face Oversold Pressure

ByDanny Kontos February 28, 2026February 28, 2026

Dogecoin USD (DOGEUSD) is experiencing downward pressure, declining 3.79% over the past day as broader altcoin weakness continues to impact the market. Trading at $0.0933 as of February 28, 2026, DOGEUSD has fallen significantly from its $0.3056 yearly high, reflecting the challenging conditions facing meme coins. Understanding the technical backdrop and market dynamics behind this Dogecoin USD decline helps traders assess whether current levels represent support or further downside risk.