Dogecoin corrected some gains and traded below $0.1220 against the US Dollar. DOGE is now holding the $0.120 support but might decline further.
DOGE price started a fresh downside correction from $0.1275.
The price is trading below the $0.1225 level and the 100-hourly simple moving average.
There was a break below a bullish trend line with support at $0.1245 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 $0.1200.
Dogecoin Price Trims Gains
Dogecoin price started a downside correction after it failed to clear $0.1275, like Bitcoin and Ethereum. DOGE declined below the $0.1250 and $0.1245 levels.
There was a move below the 50% Fib retracement level of the upward move from the $0.1175 swing low to the $0.1275 high. Besides, there was a break below a bullish trend line with support at $0.1245 on the hourly chart of the DOGE/USD pair.
Dogecoin price is now trading below the $0.1225 level
We współpracy z: https://www.newsbtc.com/analysis/doge/dogecoin-doge-slips-back-0-120/
