Dogecoin Ends Five-Month Slide in March as $0.098 Becomes Key Level

Dogecoin Ends Five-Month Slide in March as $0.098 Becomes Key Level

N
News Editor 01
2026-07-24 03:55:16
Dogecoin rose more than 3% in March and traded near $0.097, snapping a five-month losing streak. Traders added long exposure, while $0.098 is now the main resistance to watch.

Dogecoin posted a March rebound of more than 3%, trading near $0.097 and putting an end to a five-month stretch of monthly losses. Buying activity returned during the month, and the move left DOGE on course for a stronger monthly performance than it had delivered in recent periods.

The downturn had started in October 2025, after Bitcoin reached peak levels and the broader crypto market weakened. Dogecoin then logged steady monthly declines through the end of the year and into early 2026. February showed smaller losses, and March brought a clearer rebound, pointing to easing selling pressure.

Bitcoin's rebound improved risk appetite for DOGE

Dogecoin continued to move in line with broader crypto market trends, with Bitcoin remaining the main reference point. As Bitcoin began to recover, DOGE responded with stronger relative gains, a sign that market risk appetite was improving. Traders also increased exposure to Dogecoin as confidence returned to major digital assets.

Market data showed a stronger tilt toward long positions. That view was reinforced by dip buying. According to the source material, traders on Kraken bought millions of DOGE during a recent pullback, suggesting that some participants saw current levels as an entry zone rather than a place to reduce holdings.

$0.098 stands out as the near-term resistance

The $0.098 level is now the key threshold for DOGE in the short term. If the token breaks above that area and holds momentum, it could move back toward the $0.10 range, a level that has remained out of reach for months. That makes the next price reaction around resistance especially important.

If buying pressure fades, DOGE may remain inside the $0.093 to $0.097 range. The March bounce has improved the monthly picture, but it has not yet fully shifted the token out of a constrained trading band. Whether buyers can keep control near resistance is the immediate question.

Qubic integration adds to bullish interest

Attention has also turned to the upcoming Qubic integration. Based on the source material, the update is intended to improve processing efficiency, which could support better network usability. For Dogecoin, that expectation has added another source of optimism at a time when price momentum is already improving.

For now, the recovery reflects a change in sentiment as buyers step back in after months of weakness. Long positioning has increased, dip accumulation has appeared, and a major resistance level is close. The next phase of the move is likely to depend on whether DOGE can push through $0.098 and keep that momentum intact.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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