
{"id":105159,"date":"2025-10-16T05:08:58","date_gmt":"2025-10-16T05:08:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105159"},"modified":"2025-10-16T05:08:58","modified_gmt":"2025-10-16T05:08:58","slug":"dogecoin-doge-bears-dominate-price-action-suggests-more-downside-ahead","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105159","title":{"rendered":"Dogecoin (DOGE) Bears Dominate \u2014 Price Action Suggests More Downside Ahead"},"content":{"rendered":"<p><em>Dogecoin struggled to rise above $0.2180 and corrected some gains against the US Dollar. DOGE is now consolidating and might decline below $0.1920.<\/em><\/p>\n<p>DOGE price started a fresh downside correction below $0.2050.<br \/>\nThe price is trading below the $0.240 level and the 100-hourly simple moving average.<br \/>\nThere is a bearish trend line forming with resistance at $0.2025 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<br \/>\nThe price could aim for a fresh increase if it remains stable above $0.1880.<\/p>\n<h2>Dogecoin Price Dips Again<\/h2>\n<p>Dogecoin price started a fresh increase after it settled above $0.20, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-under-pressure-116k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-looks-ready-4000\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. DOGE climbed above the $0.2050 resistance to enter a positive zone.<\/p>\n<p>The bulls were able to push the price above $0.2120 and $0.2150. A high was formed at $0.2182 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $0.1788 swing low to the $0.2182 high.<\/p>\n<p>Dogecoin price is now trading below the $0.2050 level and the 100-hourly simple moving average. Besides, there is a bearish trend line forming with resistance at $0.2025 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Doegcoin-DOGE_620287.png\"><\/a><\/p>\n<p>If there is another increase, immediate resistance on the upside is near the $0.2025 level. The first major resistance for the bulls could be near the $0.2085 level. The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward $0.2180. Any more gains might send the price toward $0.2250. The next major stop for the bulls might be $0.2320.<\/p>\n<h2>More Losses In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.2085 level, it could start a downside correction. Initial support on the downside is near the $0.1930 level and the 61.8% Fib retracement level of the upward move from the $0.1788 swing low to the $0.2182 high. The next major support is near the $0.1880 level.<\/p>\n<p>The main support sits at $0.1800. If there is a downside break below the $0.1800 support, the price could decline further. In the stated case, the price might slide toward the $0.1665 level or even $0.1650 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.1930 and $0.1880.<\/p>\n<p>Major Resistance Levels \u2013 $0.2085 and $0.2180.<\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin struggled to rise above $0.2180 and corrected some gains against the US Dollar. DOGE is now consolidating and might decline below $0.1920. DOGE price started a fresh downside correction below $0.2050. The price is trading below the $0.240 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":105160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105159"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105159"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105160"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}