#cryptotradingpro

More Losses In $DOGE?

If DOGE’s price fails to climb above the $0.2350 level, it could start another decline. Initial support on the downside is near the $0.220 level and the trend line. The next major support is near the $0.2150 level.

The main support sits at $0.2120. If there is a downside break below the $0.2120 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1840 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 – $0.2200 and $0.2120.

-Major Resistance Levels – $0.2420 and $0.2550.