The Dogecoin price has been facing intense selling pressure, leaving investors uncertain about its next move.

The Dogecoin price has been facing intense selling pressure, leaving investors uncertain about its next move. After a 30% decline, DOGE has struggled to reclaim key levels

The Dogecoin price has encountered strong selling pressure, leaving investors in anticipation of its next move. Following a 30% decline, DOGE has yet to fully recover key levels as traders remain indecisive.

Meanwhile, RCO Finance (RCOF) is quickly gaining momentum, with analysts predicting massive post-launch gains. As DOGE struggles to hold support, one analyst highlights RCO Finance as one of the most promising crypto projects of 2025.

Dogecoin Price Faces Resistance Amid Weak Buying Pressure

The Dogecoin price briefly touched a critical support level at $0.1980 on March 5, 2025, sparking a small recovery attempt. Buyers stepped in as the Relative Strength Index (RSI) dipped below 30, indicating oversold conditions.

However, despite a small rebound to $0.2060, the DOGE price faced strong resistance at $0.2120, preventing any significant gains.

Technical indicators highlight a volatile market, with the RSI reaching overbought levels of 77.78 during the brief rally. The MACD crossover signaled a potential reversal, but a subsequent death cross pushed prices lower again. This pattern suggests that while there was an initial buy signal, the longer-term trend remains uncertain.

On the other hand, if the sellers manage to break below the $0.1980 support zone, the next major demand zone could be at $0.15, marking another significant decline from its previous highs.

If DOGE fails to hold its current range, the next major demand zone could be at $0.15, marking another significant decline from its previous highs.

If DOGE fails to hold its current range, the next major demand zone could be at $0.15, marking another significant decline from its previous highs.

If DOGE fails to hold its current range, the next major demand zone could be at $0.15, marking another significant decline from its previous highs.

If DOGE fails to hold its current range, the next major demand zone could be at $0.15, marking another significant decline from its previous highs.

If DOGE fails to hold its current range, the next major demand zone could be at $0.15, marking another significant decline from its previous highs.

If DOGE fails to hold its current range, the next major demand zone could be at $0.15, marking another significant