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Dogecoin has spent the past few weeks grinding lower, testing the patience of bullish traders. The past 24 hours, for instance, were spent with sell-offs, with the meme coin king now down by 10% in the last trading day. 

Dogecoin is now perambulating around the $0.10 to $0.11 range, a level that has repeatedly acted as a psychological battleground in past cycles. Recent technical analyses shared on X suggest that this range could determine whether Dogecoin stages another rebound or drifts deeper into weakness in the coming weeks.

Crypto analyst BitGuru recently outlined a structure that many traders may recognize from previous market cycles. According to his view, Dogecoin initially formed what he described as a bullish phase before entering a liquidity sweep and an extended consolidation period. The daily candlestick chart he shared shows price pushing higher earlier in the cycle, followed by a clear downside move that has been playing out since October 2025.

After that sweep, Dogecoin settled into a tightening channel of lower lows and lower highs, creating a prolonged correction range through late 2025 and into early 2026. The daily candlestick chart, which is shown below, highlights an important horizontal support region around $0.10, where price has recently reacted. From a technical perspective, this region acted as a bottom during the early February crash. 

According to BitGuru, if buyers were to step in here, Dogecoin could attempt a move back toward higher resistance levels around $0.13, $0.15, and $0.19. These are all short-term price levels that can be achieved within a few hours of buying pressure.

Another category of analysis came from Charting Guy, who approached the setup from a broader, long-term angle on the weekly timeframe. He pointed to the relationship between the 20-week exponential moving average and the 200-week exponential moving average on the weekly candlestick price chart. 

Dogecoin has tended to form major cycle lows around the period when the 20-week EMA crosses below the 200-week EMA. The interesting thing is that this crossover has just appeared again. Similar crossovers in previous cycles appeared towards the end of extended bearish phases before Dogecoin transitioned into multi-month uptrends. 

The weekly price chart spans from 2017 through 2026, showing how previous crosses preceded strong upward expansions. This time, Dogecoin’s price dipped to around $0.09 to $0.10 as the crossover took place. 

The most important thing now is how much upside is realistic if this support truly holds. Looking at the weekly structure, a recovery above the 20-week EMA could open the door to a retest of the $0.20 to $0.25 range. Above that, Dogecoin would need better market strength, particularly from Bitcoin, to challenge the higher resistance bands around $0.30 and above.

Bitcoin (BTC) skeptic and chief economist Peter Schiff has launched a new attack on the world’s largest cryptocurrency. This time, Schiff argues that BTC is not a threat to the global financial system but rather to those who invest in it. His latest negative remark comes after years of relentless criticism of BTC and continuous advocacy for gold and precious metals. 

In an X post on February 14, Schiff issued a fresh critique of Bitcoin, adding to his long history of negative remarks about the leading cryptocurrency. The chief economist claimed that “Bitcoin is only a threat to those who buy it.” His latest remarks came in response to crypto commentator Jeff Swanson, who had mocked gold enthusiasts for obsessively tweeting about Bitcoin despite calling it irrelevant. 

Swanson’s statements were also a response to a post by ‘Nostra, House of gold,’ another economist on X, who said that if BTC falls to $60,000, it could become a liquidity trigger. 

Schiff’s recent jab at Bitcoin fits his long-standing narrative that the cryptocurrency lacks real value and mainly puts buyers at risk. He has often argued against the idea that Bitcoin is a digital version of gold, suggesting that, unlike gold, which he sees as a real store of value, BTC is a speculative asset with no physical use and likening it to a Ponzi scheme.

Interestingly, Swanson fired back at Schiff’s claims that BTC poses a threat to holders. He noted that the very fact that gold enthusiasts continue to discuss and criticize Bitcoin shows that it matters. He also stated that their strong reactions to BTC indicate they recognize it as a potential challenge to gold’s role as money. 

Swanson highlighted that if BTC were truly a useless asset with a negligible market share or a currency destined to collapse, it would largely be ignored. Yet critics continue to debate and discuss it. While the crypto commentator admitted that he does not foresee gold ever going to zero, he predicted that it will steadily lose ground to Bitcoin over the coming decades. 

As much as Schiff opposes Bitcoin, he is equally, if not more, enthusiastic about gold and other precious metals. In a recent post, the economist said that BTC is gradually approaching the $70,000 mark, emphasizing the cryptocurrency’s continuous decline over the past weeks to levels not seen since 2024. 

As an alternative to the flagship cryptocurrency asset, Schiff has encouraged investors to buy gold or silver as a hedge against inflation. He often characterizes BTC as an unreliable asset that he believes will eventually fall to zero in the coming years. His latest long-term forecast for the leading cryptocurrency suggests it might crash to $10,000 and find support there.