Dogecoin began a fresh decrease in relation to the USD 0.1880 zone in relation to the American dollar. Doge decreases and can test the 0.150 USD support zone.

• The Doge price began again a decrease below 0.1850 USD and 0.1750 USD.
• The price is listed below 0.1750 USD and 100-hour straight movable average.
• There is a key line of bears trend formed with a resistance of USD 0.170 on the Doge/USD hour chart (data source from Kraken).
• The price may extend the losses if it breaks the support zone 0.1620 USD.

Dogecoin price will fall

The price of Dogecoin began to refresh after the 0.200 USD, such as Bitcoin and Ethereum, could not be cleaned. Doge immersed below the levels of USD 0.1880 and USD 0.1820.

Bears were able to exceed the price below the level of support 0.1750 USD. He even traded close to USD 0.1620 support. The low was created at 0.1628 USD, and the price consolidates losses below 23.6% of the level of withdrawal of relegation FIB from $ 0.2057 to a low level of USD 0.1628.

The Dogecoin price is now trading below 0.1750 USD and 100-hour straight movable average. Immediate resistance at the top is close to USD 0.170. There is also a key line of bears treated with resistance in the amount of USD 0.170 at the Doge/USD hour chart.

The first solemn resistance for Bulls can be close to USD 0.1730. The next main resistance is close to USD 0.1770. Closing above the resistance of USD 0.1770 may send a price up to $ 0.1850.

50% levels of FIB downhill downhill from the height of a swing worth $ 0.2057 to a low level of 0.1628 USD is also close to the zone 0.1850 USD. Any profits can send a price of USD 0.1880. Another critical stop for Bulls can be 0.1950 USD.

More losses in the dog?

If the Doge price does not boost above USD 0.1770, it may start another decrease. Initial support is close to 0.1635 USD. Another solemn support is close to USD 0.1620.

The main support is USD 0.1550. If there is a break below the support of $ 0.1550, the price may fall. In a certain case, the price may drop compared to USD 0.1320, and even USD 0.120 in the near future.

Technical indicators

MACD – MacD for DOGE/USD is now gaining momentum in the bear zone.

RSI hours (relative strength indicator) – RSI for DOGE/USD is now below level 50.

Main support levels – USD 0.1620 and USD 0.1550.

Main resistance levels – USD 0.1720 and USD 0.1770.