Dogecoin started a fresh decline below the $0.220 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2050.
DOGE price started a fresh decline below the $0.220 level.
The price is trading below the $0.2150 level and the 100-hourly simple moving average.
There is a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could start a fresh upward move if it stays above the $0.20 zone.
Dogecoin Price Dips Again
Dogecoin price started a fresh decline after there was a close below $0.2320, like Bitcoin and Ethereum. DOGE declined below the $0.220 and $0.2150 support levels.
The price even traded below $0.210. A low was formed at $0.2059 and the price is now consolidating losses. There was a minor recovery wave but the price is still below the 23.6% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low.
Dogecoin price is now trading
We współpracy z: https://www.newsbtc.com/analysis/doge/dogecoin-doge-bears-eye-breakdown-0-20/
