Dogecoin has started a new decrease from $ 0.1850 against the US dollar. Dog is now correcting losses and you may find facial obstacles near $ 0.1740.
- Doge Price failed to scan $ 0.1880 and correction gains.
- The price is traded below a level of $ 0.1750 and a simple moving average 100 hours.
- There is a major landing line formed with resistance at 0.1725 dollars on an hour -used graph for the DOGE/USD (data source from KAKEN).
- The price can start a new increase if the resistance area is scanned $ 0.1780.
The price of Dogecoin decreased again
Dogecoin Price began a new decrease after failing to scan $ 0.1880, such as Bitcoin and Ethereum. Dog has decreased to less than $ 0.1800 and $ 0.1750 support levels.
Finally, I tested the area of $ 0.1680. A decrease has been formed at $ 0.1685 and prices are now trying to recover wave. It rose above $ 0.170 and towards the level of FIB declining by 23.6 % of the transition to the bottom of the 0.1843 dollar swing to a decrease of $ 0.1685.
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 $ 0.1720. There is also a major downward trend line that is formed with resistance at $ 0.1725 on the watch chart for a DOGE/USD.
The first main resistance of the bulls can be near the level of $ 0.1765 and the REERERERENED level of FIB by 50 % of the transfer to the bottom of the alternative of $ 0.1843 to $ 0.1685. The following main resistance is approaching the level of $ 0.1780. The closure of a higher resistance of $ 0.1780 may send the price to $ 0.1850 resistance. Any other gains may send the price to a level of $ 0.1880. The next main station may be $ 0.200.
Another retreat in Dog?
If the price of Dog fails to rise above the level of $ 0.1740, another decrease may start. Initial support on the downside is near the level of $ 0.1685. The next main support is near the level of $ 0.1650.
The main support sits at $ 0.1600. If there is a negative break less than $ 0.160, the price may decrease more. In the specified case, the price may decrease towards a level of $ 0.1550 or even 0.1450 dollars in the short term.
Technical indicators
Every MACD – Macd for Dogss/USD now loses momentum in the Habboudia.
RSI Hour (Relative Power Index) – RSI for DOGE/USD is now less than 50 level.
Main support levels – $ 0.1685 and $ 0.1650.
Main resistance levels – $ 0.1740 and $ 0.1780.
