{"id":57834,"date":"2025-04-09T05:08:55","date_gmt":"2025-04-09T05:08:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57834"},"modified":"2025-04-09T05:08:55","modified_gmt":"2025-04-09T05:08:55","slug":"crypto-chaos-dogecoin-doge-at-risk-of-more-losses-as-market-volatility-spikes","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57834","title":{"rendered":"Crypto Chaos: Dogecoin (DOGE) at Risk of More Losses as Market Volatility Spikes"},"content":{"rendered":"

Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1550.<\/em><\/p>\n

DOGE price started a fresh decline below the $0.1650 and $0.1550 levels.
\nThe price is trading below the $0.1600 level and the 100-hourly simple moving average.
\nThere is a connecting bearish trend line forming with resistance at $0.160 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could extend losses if it breaks the $0.1380 support zone.<\/p>\n

Dogecoin Price Dips Again<\/h2>\n

Dogecoin price started a fresh decline after it failed to clear $0.1720, like Bitcoin<\/a> and Ethereum<\/a>. DOGE dipped below the $0.1650 and $0.1550 support levels.<\/p>\n

The bears were able to push the price below the $0.150 support level. It even traded close to the $0.1280 support. A low was formed at $0.1296 and the price recently corrected some losses. There was a minor move above the 50% Fib retracement level of the downward move from the $0.1727 swing high to the $0.1296 low.<\/p>\n

However, the bears were active near the $0.1560 resistance and the 61.8% Fib retracement level of the downward move from the $0.1727 swing high to the $0.1296 low. There is also a connecting bearish trend line forming with resistance at $0.160 on the hourly chart of the DOGE\/USD pair.<\/p>\n

Dogecoin price is now trading below the $0.160 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1500 level. The first major resistance for the bulls could be near the $0.1550 level.<\/p>\n

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

The next major resistance is near the $0.160 level. A close above the $0.160 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.180 level. The next major stop for the bulls might be $0.1880.<\/p>\n

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

If DOGE\u2019s price fails to climb above the $0.150 level, it could start another decline. Initial support on the downside is near the $0.1380 level. The next major support is near the $0.1320 level.<\/p>\n

The main support sits at $0.1280. If there is a downside break below the $0.1280 support, the price could decline further. In the stated case, the price might decline toward the $0.1200 level or even $0.1120 in the near term.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Levels \u2013 $0.1320 and $0.1280.<\/p>\n

Major Resistance Levels \u2013 $0.1500 and $0.1550.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1550. DOGE price started a fresh decline below the $0.1650 and $0.1550 levels. The price is trading below the $0.1600 level and the 100-hourly simple moving average. There is a connecting bearish trend […]<\/p>\n","protected":false},"author":0,"featured_media":57835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57834","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\/57834"}],"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=57834"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57835"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}