Dogecoin (DOGE) Under Pressure—Slides Into Bear Territory
Dogecoin fell below $0.1850 versus the US Dollar again. DOGE is stabilizing below $0.1650 after testing $0.1450.
Below $0.2000 and $0.1850, DOGE price fell again.
The price is below $0.1750 and the 100-hour SMA.
On the hourly DOGE/USD chart, a negative trend line connects to $0.1680 barrier.
The price may rebound if it breaks $0.1620 and $0.1680 resistance.
Dogecoin Price Falls further
As Bitcoin and Ethereum fell below $0.2000, Dogecoin did too. Below $0.1850 and $0.1680 support, DOGE fell. Spiked below $0.1620.
The price is consolidating losses after a $0.1440 low. Price rose over $0.1500. Bulls broke the 23.6% Fib retracement level of the $0.1809 swing high to $0.1440 low.
Dogecoin is below $0.1850 and the 100-hourly SMA. Resistance on the upswing is approaching $0.1620, the 50% Fib retracement level of the decline from $0.1809 swing high to $0.1440 low.
Bulls may see first resistance at $0.1680. On the hourly DOGE/USD chart, a negative trend line connects to $0.1680 barrier.
Dogecoin Price: DOGEUSD obtained from TradingView.com.
Near $0.1720 is the next big resistance. A closing above $0.1720 might push pricing above $0.1850. More advances might push the price toward $0.2000. Bulls may halt at $0.2050 next.
More DOGE losses?
DOGE may fall again if it fails to get beyond $0.1680. Initial negative support is $0.150. Near $0.1450 is the next important support.
The major support is $0.1420. If the price breaks $0.1420, it might fall further. In this situation, the price may fall to $0.1350 or $0.1250 soon.
Tech Indicators
DOGE/USD hourly MACD is losing momentum in the negative zone.
DOGE/USD's hourly RSI is below 50.
Key Support Levels: $0.1500, $0.1450.
Major resistance levels: $0.1680, $0.1880.
#DOGE #USStocksPlunge #MarketPullback #CryptoMarketWatch #TexasBTCReserveBill $BTC
Dogecoin fell below $0.1850 versus the US Dollar again. DOGE is stabilizing below $0.1650 after testing $0.1450.
Below $0.2000 and $0.1850, DOGE price fell again.
The price is below $0.1750 and the 100-hour SMA.
On the hourly DOGE/USD chart, a negative trend line connects to $0.1680 barrier.
The price may rebound if it breaks $0.1620 and $0.1680 resistance.
Dogecoin Price Falls further
As Bitcoin and Ethereum fell below $0.2000, Dogecoin did too. Below $0.1850 and $0.1680 support, DOGE fell. Spiked below $0.1620.
The price is consolidating losses after a $0.1440 low. Price rose over $0.1500. Bulls broke the 23.6% Fib retracement level of the $0.1809 swing high to $0.1440 low.
Dogecoin is below $0.1850 and the 100-hourly SMA. Resistance on the upswing is approaching $0.1620, the 50% Fib retracement level of the decline from $0.1809 swing high to $0.1440 low.
Bulls may see first resistance at $0.1680. On the hourly DOGE/USD chart, a negative trend line connects to $0.1680 barrier.
Dogecoin Price: DOGEUSD obtained from TradingView.com.
Near $0.1720 is the next big resistance. A closing above $0.1720 might push pricing above $0.1850. More advances might push the price toward $0.2000. Bulls may halt at $0.2050 next.
More DOGE losses?
DOGE may fall again if it fails to get beyond $0.1680. Initial negative support is $0.150. Near $0.1450 is the next important support.
The major support is $0.1420. If the price breaks $0.1420, it might fall further. In this situation, the price may fall to $0.1350 or $0.1250 soon.
Tech Indicators
DOGE/USD hourly MACD is losing momentum in the negative zone.
DOGE/USD's hourly RSI is below 50.
Key Support Levels: $0.1500, $0.1450.
Major resistance levels: $0.1680, $0.1880.
#DOGE #USStocksPlunge #MarketPullback #CryptoMarketWatch #TexasBTCReserveBill $BTC
