Dogecoin has started a new decrease from $ 0.1880 against the US dollar. Doge decreases and the support area may test $ 0.150.
- Doge Price has started a new decrease from $ 0.1850 and $ 0.1750.
- The price is traded below a level of $ 0.1750 and a simple moving average 100 hours.
- There is a major landing line that is formed with resistance at $ 0.170 on an hour -used graph for the DOGE/USD (data source from KAKEN).
- The price can extend the losses if the support area is broken $ 0.1620.
The price of Dogecoin decreased more
Dogecoin Price began a new decrease after failing to remove $ 0.200, such as Bitcoin and Ethereum. Dog has decreased to less than $ 0.1880 and $ 0.1820 support levels.
Bears managed to pay the price to less than the support level of $ 0.1750. It was even traded near $ 0.1620 support. A decrease has been formed at 0.1628 dollars, and the price is now unifying the losses less than the REERECTION level 23.6 % of the transfer to the bottom of the swing of $ 0.2057 to $ 0.1628.
Dogoin price is now trading below $ 0.1750 and a simple moving average for 100 hours. The immediate resistance is located on the upward trend near the level of $ 0.170. There is also a major landing line that is formed with resistance at $ 0.170 on the DOGE/USD clock chart.
The first main resistance of the zebum can be near the level of $ 0.1730. The following main resistance is approaching the level of $ 0.1770. The closure of a higher resistance of $ 0.1770 may send the price to $ 0.1850 resistance.
FIB declining level by 50 % of the declining move from a 0.2057 dollar swing to $ 0.1628 low is also near the $ 0.1850 area. Any other gains may send the price to a level of $ 0.1880. The next main station may be $ 0.1950.
More losses in Doug?
If the price of Dog fails to rise above the level of $ 0.1770, another decrease may start. Initial support on the downside is near the level of $ 0.1635. The next main support is near the level of $ 0.1620.
The main support sits at $ 0.1550. If there is a lounge on the negative side less than $ 0.1550 support, the price may decrease more. In the specified case, the price may decrease towards a level of $ 0.1320 or even $ 0.120 in the short term.
Technical indicators
Every MACD Watch – MACD is now acquired for DOGE/USD momentum in the Habboudia.
RSI Hour (Relative Power Index) – RSI for DOGE/USD is now less than 50 level.
Main support levels – $ 0.1620 and $ 0.1550.
Main resistance levels – $ 0.1720 and $ 0.1770.
