Dogecoin recovers above 200-day moving average after 10% rebound from early September low
Dogecoin climbed roughly 10% from its Sep. 2 low of $0.0817 to trade near $0.09, reclaiming its 200-day SMA at $0.08839.
Why it matters
With only one source covering this development, its market significance is limited. The technical reclaim of the 200-day SMA is a level closely watched by traders, but the weak four-hour buying pressure and failed attempts above $0.092 suggest the move lacks strong conviction for now.
Key facts
Dogecoin traded near $0.0901 on September 8, approximately 10.3% above its September 2 low.
0.09 USDReported by Crypto.News
The September 2 low for Dogecoin was roughly $0.0817.
0.082 USDReported by Crypto.News
Dogecoin trades above its four main daily moving averages, including the 200-day SMA at $0.08839.
0.088 USDReported by Crypto.News
The largest nearby liquidity cluster on the three-day liquidation heatmap sits between $0.092 and $0.0926.
Reported by Crypto.News
The Chaikin Money Flow indicator on the 4-hour chart reads minus 0.05, indicating weak buying pressure.
-0.05Reported by Crypto.News
Dogecoin established a base near $0.069 in August before rallying above $0.09 later that month.
0.069 USDReported by Crypto.News
What happened
Dogecoin price rose approximately 10.3% from a September 2 low of roughly $0.0817 to trade around $0.0901 as of September 8, according to Crypto.News. The recovery pushed DOGE above its four main daily moving averages, including the 200-day simple moving average at $0.08839. Crypto.News reported that the meme coin briefly approached $0.092 during the bounce before settling into a narrow range between $0.089 and $0.091. The outlet noted that a three-day liquidation heatmap pointed to the largest nearby liquidity cluster sitting between $0.092 and $0.0926. However, Crypto.News also flagged that four-hour buying pressure remained weak, with the Chaikin Money Flow indicator at minus 0.05, and that repeated attempts to break above $0.091–$0.092 since September 5 had met selling pressure. The broader context is a rebound that began after DOGE found support near $0.069 in August and rallied above $0.09 later that month, though sellers capped gains below $0.095.
How the story developed
- First report
First report by Crypto.News
Dogecoin price reclaims 200-day SMA, eyes $0.092
- Update
Dogecoin establishes support base near $0.069
DOGE found a floor in August near $0.069 before beginning a broader recovery.
- Update
Dogecoin rallies above $0.09 in August but sellers cap gains below $0.095
A sharp August rally carried DOGE above $0.09, though sellers prevented sustained trading beyond $0.095.
- Update
Buyers defend $0.080–$0.082 zone during early September pullback
During a pullback at the start of September, buyers held the $0.080–$0.082 region, forming a higher low.
- Update
Dogecoin recovers 10% from September 2 low and reclaims 200-day SMA
DOGE bounced from a Sep. 2 low of $0.0817 to approximately $0.0901 by Sep. 8, moving back above its 200-day SMA at $0.08839.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto.News Crypto media | Dogecoin price reclaims 200-day SMA, eyes $0.092 | Original |
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