Dogecoin corrected some gains and traded below $0.1080 against the US Dollar. DOGE is now holding the $0.10 support but might decline further.
DOGE price started a fresh downside correction from $0.1175.
The price is trading above the $0.10 level and the 100-hourly simple moving average.
There is a key bullish trend line forming with support at $0.10 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could aim for a fresh increase if it remains stable above $0.10.
Dogecoin Price Dips Again
Dogecoin price started a downside correction after it failed to clear $0.1175, unlike Bitcoin and Ethereum. DOGE declined below the $0.1120 and $0.1080 levels.
There was a move below the 50% Fib retracement level of the upward move from the $0.0878 swing low to the $0.1175 high. The bears even pushed the price below $0.1040. However, there is a key bullish trend line forming with support at $0.10 on the hourly chart of the DOGE/USD pair.
Dogecoin price is now
We współpracy z: https://www.newsbtc.com/analysis/doge/dogecoin-doge-gives-back-gains/
