Dogecoin began a fresh decrease in relation to the USD 0.1900 zone in relation to the American dollar. Doge now corrects losses and can find obstacles near $ 0.1750.

• Doge price did not neat USD 0.200 and corrected profits.
• The price is listed below 0.180 USD and 100-hour uncomplicated movable average.
• There is a key line of bears trend formed with a resistance of USD 0.1740 on the Doge/USD hour chart (data source from Kraken).
• The price may start a up-to-date boost if it cleans the $ 0.1800 resistance zone.

Dogcoin eye price

The price of Dogecoin has started a up-to-date boost above the resistance of 0.1650 USD, such as Bitcoin and Ethereum. Doge climbed above the level of resistance 0.1720 USD and USD 0.1750 before bears appeared.

The height was created at USD 0.1920 and the price began again. There was traffic below 0.180 USD and USD 0.1750. Low was created at 0.1671 USD, and the price is now trying to recover. Exceeded 50% of the FIB withdrawal level from 0.1807 USD to a low level of USD 0.1671.

The price of Dogecoin is now trading below 0.180 USD and 100-hour straight movable average. Immediate resistance at the top is close to USD 0.1750. There is also a key line of bears that form a resistance of USD 0.1740 on the Doge/USD hour chart.

The trend line is located nearly 61.8% of the downward FIB withdrawal level from the swing of 0.1807 USD to a low level of USD 0.1671. The first stern resistance for Bulls can be close to USD 0.1840.

The next main resistance is close to USD 0.1850. Closing above the resistance in the amount of USD 0.1850 may send a price up to 0.1920 USD. Any profits can send a price of USD 0.1980. Another significant stop for Bulls can be 0.200 USD.

Another decrease in dog?

If the Doge price does not boost above USD 0.1750, it may start another decrease. Initial support is close to 0.170 USD. Another stern support is located near USD 0.1680.

The main support is 0.1600 USD. If a decrease below USD 0.160 support decreases, the price may fall even more. In the given case, the price may drop compared to USD 0.1550 or even $ 0.1450 in the near future.

Technical indicators

MacD hour – MacD for DOGE/USD is now losing a rush in the bear zone.

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

Main support levels – USD 0.1700 and USD 0.1680.

Main resistance levels – USD 0.1750 and USD 0.1840.