Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now correcting some losses and might face hurdles near $0.2550.
- DOGE price started a fresh decline below the $0.250 level.
- The price is trading below the $0.2540 level and the 100-hourly simple moving average.
- There is a bearish trend line forming with resistance at $0.2540 on the hourly chart of the DOGE/USD pair (data source from Kraken).
- The price could extend losses if it stays below $0.2550 and $0.260.
Dogecoin Price Attempts Recovery
Dogecoin price started a fresh decline after it closed below $0.260, like Bitcoin and Ethereum. DOGE declined below the $0.2550 and $0.2540 support levels.
The price even traded below $0.2420. A low was formed near $0.2413, and the price recently attempted a recovery…more
Source www.tradingview.com
Terms of use and third-party services. More here.
