cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

Dogecoin (DOGE) Bears Dominate — Price Action Suggests More Downside Ahead

-

de

cryptd.in
în

Dogecoin struggled to rise above $0.2180 and corrected some gains against the US Dollar. DOGE is now consolidating and might decline below $0.1920.

  • DOGE price started a fresh downside correction below $0.2050.
  • The price is trading below the $0.240 level and the 100-hourly simple moving average.
  • There is a bearish trend line forming with resistance at $0.2025 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 $0.1880.

Dogecoin Price Dips Again

Dogecoin price started a fresh increase after it settled above $0.20, like Bitcoin and Ethereum. DOGE climbed above the $0.2050 resistance to enter a positive zone.

The bulls were able to push the price above $0.2120 and $0.2150. A high was formed at $0.2182 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $0.1788 swing low to the $0.2182 high.

Dogecoin price is now trading below the $0.2050 level and the 100-hourly simple moving average. Besides, there is a bearish trend line forming with resistance at $0.2025 on the hourly chart of the DOGE/USD pair.

Dogecoin Price

If there is another increase, immediate resistance on the upside is near the $0.2025 level. The first major resistance for the bulls could be near the $0.2085 level. The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward $0.2180. Any more gains might send the price toward $0.2250. The next major stop for the bulls might be $0.2320.

More Losses In DOGE?

If DOGE’s price fails to climb above the $0.2085 level, it could start a downside correction. Initial support on the downside is near the $0.1930 level and the 61.8% Fib retracement level of the upward move from the $0.1788 swing low to the $0.2182 high. The next major support is near the $0.1880 level.

The main support sits at $0.1800. If there is a downside break below the $0.1800 support, the price could decline further. In the stated case, the price might slide toward the $0.1665 level or even $0.1650 in the near term.

Indicatori tehnici

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 – $0.1930 and $0.1880.

Major Resistance Levels – $0.2085 and $0.2180.

Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

ro_RO Română
ro_RO Română en_US English et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (400) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (71) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (65) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (4) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.