Dogecoin has started a new decrease less than $ 0.250 against the US dollar. DOGE has a value of $ 0.2050 now without resistance of $ 0.2250.
- Doge Price has started a new decrease from $ 0.260 and $ 0.250.
- The price is traded below a level of $ 0.2380 and a simple moving average 100 hours.
- There is a declining directional line connected to resistance at $ 0.2180 on an hour’s chart for a DOGE/USD (data source from Kraken).
- The price can start a recovery if it wipes the resistance levels $ 0.2180 and $ 0.2200.
The price of Dogecoin has decreased by more than 5 %
The price of Dogecoin has started a new decrease less than the $ 0.2650 region, unlike Bitcoin and ethereum. Dog has decreased to less than $ 0.260 and $ 0.250 support. It even rose to less than $ 0.2150.
A decrease has been formed at $ 0.2052 and prices now boost losses. There was a higher step than $ 0.2080, but the price remained less than the level of FIB re -declining by 23.6 % than the transfer to the bottom of the alternative of $ 0.2609 to $ 0.2052.
Dogecoin price is now trading below $ 0.2250 and a simple moving average for 100 hours. The immediate resistance is located on the upward trend near the level of $ 0.2150. The first main resistance of the bulls can be near the level of $ 0.2180.
There is also a declining trend line that is formed with resistance at $ 0.2180 on the watch graph for a DOGE/USD. The next main resistance approaches the level of $ 0.2250.
A top closing of 0.2250 dollars may send the price to $ 0.2330 resistance and FIB’s REERERERER level by 50 % of the transfer to the bottom of a 0.2609 swing to $ 0.2052. Any other gains may send the price to a level of $ 0.250. The next main station may be $ 0.2620.
More losses in Doug?
If the price of Dog fails to rise above the level of $ 0.2180, another decrease may start. Initial support on the downside is near the level of $ 0.2065. The next main support is near the level of $ 0.2050.
The main support sits at $ 0.20. If there is a break on the downside without support of $ 0.20, the price may decrease more. In the specified case, the price may decrease towards a level of $ 0.1880 or even 0.1740 dollars in the short term.
Technical indicators
Every MACD Watch – MACD is now acquired for DOGE/USD momentum in the Habboudia.
RSI Hour (Relative Power Index) – RSI for DOGE/USD is now less than 50 level.
Main support levels – $ 0.2050 and $ 0.2000.
Main resistance levels – $ 0.2180 and $ 0.2250.
