{"id":56732,"date":"2025-04-04T05:08:30","date_gmt":"2025-04-04T05:08:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56732"},"modified":"2025-04-04T05:08:30","modified_gmt":"2025-04-04T05:08:30","slug":"dogecoin-doge-bleeds-further-fresh-weekly-lows-test-investor-patience","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56732","title":{"rendered":"Dogecoin (DOGE) Bleeds Further\u2014Fresh Weekly Lows Test Investor Patience"},"content":{"rendered":"

Dogecoin started a fresh decline from the $0.180 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1680.<\/em><\/p>\n

DOGE price started a fresh decline below the $0.1750 and $0.170 levels.
\nThe price is trading below the $0.1680 level and the 100-hourly simple moving average.
\nThere was a break below a key bullish trend line forming with support at $0.170 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could extend losses if it breaks the $0.1550 support zone.<\/p>\n

Dogecoin Price Dips Again<\/h2>\n

Dogecoin price started a fresh decline after it failed to clear $0.180, like Bitcoin<\/a> and Ethereum<\/a>. DOGE dipped below the $0.1750 and $0.1720 support levels.<\/p>\n

There was a break below a key bullish trend line forming with support at $0.170 on the hourly chart of the DOGE\/USD pair. The bears were able to push the price below the $0.1620 support level. It even traded close to the $0.1550 support.<\/p>\n

A low was formed at $0.1555 and the price is now consolidating losses. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.180 swing high to the $0.1555 low.<\/p>\n

Dogecoin price is now trading below the $0.170 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1650 level. The first major resistance for the bulls could be near the $0.1680 level. It is near the 50% Fib retracement level of the downward move from the $0.180 swing high to the $0.1555 low.<\/p>\n

<\/a><\/p>\n

The next major resistance is near the $0.1740 level. A close above the $0.1740 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.1880 level. The next major stop for the bulls might be $0.1950.<\/p>\n

Another Decline In DOGE?<\/h2>\n

If DOGE\u2019s price fails to climb above the $0.170 level, it could start another decline. Initial support on the downside is near the $0.160 level. The next major support is near the $0.1550 level.<\/p>\n

The main support sits at $0.150. If there is a downside break below the $0.150 support, the price could decline further. In the stated case, the price might decline toward the $0.1320 level or even $0.120 in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.1600 and $0.1550.<\/p>\n

Major Resistance Levels \u2013 $0.1680 and $0.1740.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline from the $0.180 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1680. DOGE price started a fresh decline below the $0.1750 and $0.170 levels. The price is trading below the $0.1680 level and the 100-hourly simple moving average. There was a break below a […]<\/p>\n","protected":false},"author":0,"featured_media":56733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56732","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\/56732"}],"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=56732"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56733"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}