Dogecoin started a fresh decline below the $0.1320 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1350.
- DOGE price started a fresh decline below the $0.1320 level.
- The price is trading below the $0.1300 level and the 100-hourly simple moving average.
- There is a key bearish trend line forming with resistance at $0.1340 on the hourly chart of the DOGE/USD pair (data source from Kraken).
- The price could extend losses if it stays below $0.1340 and $0.1350.
Dogecoin Price Dips Again
Dogecoin price started a fresh decline after it closed below $0.1380, like Bitcoin and Ethereum. DOGE declined below the $0.1350 and $0.1340 support levels.
The price even traded below $0.130. A low was formed near $0.1266, and the price is now showing bearish signs. It is…
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