Dogecoin corrected some gains from the $0.0960 zone against the US Dollar. DOGE is now holding the $0.0900 support and remains at risk of more losses.
DOGE price started a fresh downside correction below $0.0950.
The price is trading below the $0.0930 level and the 100-hourly simple moving average.
There is a bearish trend line forming with resistance at $0.0925 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 $0.090.
Dogecoin Price Trims Gains
Dogecoin price started a downside correction after it failed to surpass $0.0960, like Bitcoin and Ethereum. DOGE declined below the $0.0950 and $0.0940 levels.
There was a move below the 50% Fib retracement level of the upward move from the $0.0899 swing low to the $0.0960 high. Besides, there is a bearish trend line forming with resistance at $0.0925 on the hourly chart of the DOGE/USD pair.
The price even spiked below $0.0920 before the bulls
We współpracy z: https://www.newsbtc.com/analysis/doge/dogecoin-doge-turns-lower-0-0925/
