empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

20.02.202608:12 Forex Analysis & Reviews: DOGE seems to be weakening to its nearest support level

Relevance up to 23:00 2026-02-20 UTC--5
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

[DOGE]

With both EMAs condition still in a Death Cross intersection, even though RSI(14) indicator is in the Neutral-Bullish level, this cryptocurrency has the potential to weaken toward its nearest support level.

Key Levels

1. Resistance. 2 : 0.10096

2. Resistance. 1 : 0.09931

3. Pivot : 0.09743

4. Support. 1 : 0.09578

5. Support. 2 : 0.09390

Tactical Scenario

Pressure Zone: If the price breaks down and closes below 0.09743, there is a potential pressure toward 0.09578.

Momentum Extension Bias: If 0.09578 is broken to the downside, the weakening may continue to 0.09390.

Invalidation Level / Bias Revision

The downside bias is restrained if DOGE strengthens and closes above 0.10096.

Technical Summary

EMA(50) : 0.09819

EMA(200): 0.09947

RSI(14) : 62.61

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - Advance GDP q/q - 20:30 WIB

US - Core PCE Price Index m/m - 20:30 WIB

US - Advance GDP Price Index q/q - 20:30 WIB

US - Personal Income m/m - 20:30 WIB

US - Personal Spending m/m - 20:30 WIB

US - Flash Manufacturing PMI - 21:45 WIB

US - Flash Services PMI - 21:45 WIB

US - New Home Sales - 22:00 WIB

US - Revised UoM Consumer Sentimen - 22:00 WIB

US - Revised UoM Inflation Expectations - 22:00 WIB

Exchange Rates 20.02.2026 analysis

Arief Makmur
Analytical expert of InstaForex
© 2007-2026

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade



You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.
Widget callback

Turn "Do Not Track" off