DOGE -0.73% in 24 Hours as House of Doge Announces Japan Partnership and Bullish Divergence Signal

On January 12, 2026, Dogecoin (DOGE) dropped by 0.73% over the last 24 hours, trading at $0.13668. Over the past week, the price fell by 6.41%, though it rose by 16.63% in the last month and over the past year. Amid this mixed performance, DOGE has attracted renewed attention due to a strategic partnership announcement and technical signals suggesting a potential reversal.

Strategic Partnership with Japanese Firms

On January 12, the House of Doge, the corporate arm of the Dogecoin Foundation, announced a tripartite partnership with abc Co., Ltd. and ReYuu Japan to expand the Dogecoin ecosystem in Japan. This collaboration aims to integrate real-world assets (RWA) and develop gold-backed stablecoins under Japan’s regulatory framework.

The partnership emphasizes practical applications, such as regulated stablecoin transfers and on-chain settlement infrastructure, moving DOGE beyond its origins as a meme coin. The initiative also includes plans for a joint fund to support innovation within the Dogecoin ecosystem. CEO Marco Margiotta highlighted Japan’s strong digital innovation culture as a key reason for targeting the country.

Bullish Divergence Signal on Daily Chart

The timing of the partnership aligns with a potential technical reversal.

The RSI Divergence Indicator has flashed its fifth bullish signal since August 2025, historically preceding price rallies of 15–30% from oversold conditions. This divergence is seen when the price makes lower lows while RSI forms higher lows, suggesting weakening selling pressure.

Currently, DOGE is testing a descending channel and holding key support at $0.1386, with the 20-day EMA at $0.1380. Price must break above the 50-day EMA at $0.1432 to confirm a shift in momentum. Analysts project that a successful breakout could target $0.150, with further upside potentially reaching $0.160 if the Japan partnership generates sustained interest.

Technical Outlook and Key Levels

The 30-minute chart shows DOGE maintaining Supertrend support at $0.1386, forming a triangle pattern within the broader descending channel. A close above $0.1401 would flip the Parabolic SAR indicator to bullish. If price fails to break above $0.1432, the divergence signal is considered invalid, potentially exposing $0.135 support and risking a deeper correction toward $0.128.

Volume has remained modest during consolidation, with no clear sign of aggressive accumulation or panic selling. A surge in volume would be critical to confirm the next directional move, whether upward or downward.

Analyst Predictions and Market Context

Analysts project that the convergence of a bullish divergence signal and the Japan partnership could provide the narrative and technical catalysts for a short-to-mid-term bounce. However, caution is advised, as DOGE remains below its 200-day EMA and faces overhead resistance from all major EMAs. The market remains sensitive to broader macroeconomic conditions, and any significant shift in investor sentiment could alter the trajectory.

In summary, Dogecoin faces a pivotal moment. The Japan partnership offers a real-world utility narrative, while the technical signal suggests a potential reversal. However, confirmation above key resistance levels is needed before a sustained bullish move can be confirmed.