Performance summary of #Dogecoin over the past week (as of June 2, 2025): #DOGE冲冲冲
• Current price: around $0.19.
• Highest price during the week: reached $0.23.
• Lowest price during the week: fell to $0.19.
• Percentage change: a decline ranging between 14% and 16%.
🔍 Technical analysis:
• Overall trend: #Bearish.
• Relative Strength Index (RSI): around 44, indicating weakness in upward momentum.
• Important support levels: between $0.1950 and $0.1900, and if this range is broken, the price may head towards $0.1790 or even $0.1650.
• Nearby resistance levels: range between $0.2100 and $0.2310, and surpassing these levels is considered necessary to reverse the current negative trend.
📈 Future forecasts:
• Short-term (over the next week): Dogecoin price is expected to range between $0.190 and $0.193, with a slight increase possible if current support levels are maintained.
• Medium-term (by the end of June 2025): If the bearish trend continues, the price may fall below $0.19. However, if a bullish rebound occurs, the price could reach $0.223 by early July.