Dogecoin (DOGE) Slips Once More—Bears Tighten Grip on Meme Coin Darling

Dogecoin (DOGE) Slips Once More—Bears Tighten Grip on Meme Coin Darling
Dogecoin (DOGE) Slips Once More—Bears Tighten Grip on Meme Coin Darling

Dogecoin has started a new decrease from $ 0.1880 against the US dollar. Dog is now unifying the losses and you may recover if $ 0.1780 is wiped.

  • Doge Price has started a new decrease from $ 0.1880 and $ 0.180.
  • The price is traded less than a level of $ 0.180 and a simple moving average 100 hours.
  • There is a short -term declining trend that is formed with resistance at $ 0.1760 on the watch chart for a DOGE/USD (data source from Kraken).
  • The price may start a new decrease if it decreases less than the $ 0.180 region.

The price of Dogecoin decreased again

Dogecoin Price began a new decrease after failing to scan $ 0.1880, such as Bitcoin and Ethereum. Dog fell to less than $ 0.1800 and $ 0.1750.

The bears even paid the price below $ 0.1720. A decrease has been formed at 0.1695 dollars, and the price now unifies the losses less than the REECTING level 23.6 % of the FIB in the declining movement of the alternative 0.2064 dollars to $ 0.1697.

Dogecoin price is now trading below $ 0.180 and a simple moving average for 100 hours. There is also a short -term declining trend line that is formed with resistance at $ 0.1760 on the watch chart for a DOGE/USD.

The immediate resistance is located on the upward trend near the level of $ 0.1760. The first main resistance of the bulls can be near the level of $ 0.1785. The next main resistance approaches the level of $ 0.180. The closure of the higher resistance of 0.180 dollars may send the price to the resistance of $ 0.1880. It is close to the 50 % REERERREREREREREREREREREREREREREREREREREREREREMERP level of 0.2064 dollars to a low level of 0.1697 dollars.

Any other gains may send the price to a level of $ 0.200. The next main station may be $ 0.2120.

More losses in Doug?

If the price of Dog fails to rise above the level of $ 0.180, another decrease may start. Initial support on the negative side is near the level of $ 0.1720. The next main support is near the level of $ 0.1700.

The main support sits at $ 0.1680. If there is a break on the negative side less than $ 0.1680 support, the price may decrease more. In the specified case, the price may decrease towards a level of $ 0.1550 or even 0.1525 dollars in the short term.

Technical indicators

Every MACD – Macd for Dogss/USD now loses momentum in the Habboudia.

RSI Hour (Relative Power Index) – RSI for DOGE/USD is now higher than 50 level.

Main support levels – $ 0.1700 and $ 0.1680.

Main resistance levels – $ 0.1760 and $ 0.1800.

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