cryptd.in

Vaihtoehtoinen LinkedIn krypto-ystävällisille lahjakkuuksille

Dogecoin (DOGE) Slides Again—Trend Reversals Signal Pullback Risk

Dogecoin started a fresh decline from the $0.2120 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.1940 support.

  • DOGE price started a fresh decline below the $0.2050 level.
  • The price is trading below the $0.20 level and the 100-hourly simple moving average.
  • There is a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair (data source from Kraken).
  • The price could start a fresh upward move if it clears the $0.20 and $0.2050 resistance levels.

Dogecoin Price Dips Again

Dogecoin price started a fresh decline from the $0.2120 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2050 and $0.20 support levels.

There was a steady decline below the 50% Fib retracement level of the upward move from the $0.1886 swing low to the $0.2112 high. The bears even pushed the price below the $0.1980 level. There is also a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.1980 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.20 level. The first major resistance for the bulls could be near the $0.2050 level.

Dogecoin Price

The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward the $0.2250 resistance. Any more gains might send the price toward the $0.2350 level. The next major stop for the bulls might be $0.250.

More Losses In DOGE?

If DOGE’s price fails to climb above the $0.2050 level, it could start a fresh decline. Initial support on the downside is near the $0.1940 level or the 76.4% Fib retracement level of the upward move from the $0.1886 swing low to the $0.2112 high. The next major support is near the $0.1880 level.

The main support sits at $0.1750. If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.1680 level or even $0.1620 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1940 and $0.1880.

Major Resistance Levels – $0.2000 and $0.2050.


Kommentit

Vastaa

Sähköpostiosoitettasi ei julkaista. Pakolliset kentät on merkitty *

Viimeisimmät syötteet

Suositut kategoriat

Etsi verkkosivustolta

Suosittuja tarinoita

Tunnisteet

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (370) #BitcoinETF (3) #BitcoinFundamentaalit (1) #BitcoinHandlingKäsittelyn (1) #BitcoinHinta (5) #BitcoinPriceLevel (1) #BitcoinPumppu (1) #BitcoinReserve (1) #BitcoinSurgePyrähdys (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokenit (1) #BTChankinta (1) #BullishPrediction (Ennuste) (1) #BullishSentimentti (1) #ChineseMining (1) #CPKatselu (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #Cryptoennusteet (1) #CryptoSääntely (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (65) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Hollantilainen tuomioistuin (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (64) #EthereumKipu (1) #EthereumPrice (1) #ExpertOpinion (1) #TFedRateCut (1) #FiatCurrency (1) #Rahoitusvaikutus (1) #RahoitusturvaTurvaTurvaTietosuoja (1) #FirmShutdown (1) #Jäädytetyt tilit (1) #IllicitFunds (1) #InflationData (1) 1TP5Sijoitus (1) 1TP5Sijoitustappiot (1) #Japanilainen yritys (1) #LegalAction (1) # Oikeudelliset vaikutukset (1) #Lainsäädäntö (1) #LightningNetwork (1) #M Markkina-analyysi (3) #M Markkinaseuranta (1) #Mmarkkinaennuste (1) #M Markkinaennusteet (1) #M Markkinaprojektio (1) #MarketSupport (1) #Markkinoiden volatiliteetti (1) #Mvaunu (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) 1TP5Rahanpesu (2) #MtGox (3) #NorthKoreaCryptoPohjois-KoreaCrypto (1) #NovogratzEnnustus (1) 1TP5HintaKivi (1) 1TP5Hintaennuste (2) 1TP5HintaKysymys (1) 1TP5HintaPyrähdys (1) #PvankilaLausunto (1) #QuantAnalyysi (1) 1TP5Sääntelypaine (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #Ttekninen analyysi (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashKehittäjä (1) #UKCrypto (1) #UpsidePotentiaali (1) #USKongressi (1) #WyomingLand (1) #XRHinta (1) #XRPupswing (1)

Hyödyllisiä linkkejä

Linkkejä, jotka löysin hyödyllisiksi ja halusin jakaa.