{"id":61591,"date":"2025-04-24T05:08:51","date_gmt":"2025-04-24T05:08:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=61591"},"modified":"2025-04-24T05:08:51","modified_gmt":"2025-04-24T05:08:51","slug":"dogecoin-doge-pulls-back-is-a-bounce-from-0-1650-support-on-the-horizon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=61591","title":{"rendered":"Dogecoin (DOGE) Pulls Back \u2014 Is A Bounce from $0.1650 Support on the Horizon?"},"content":{"rendered":"

Dogecoin started a fresh increase above the $0.1700 zone against the US Dollar. DOGE is now correcting gains and might find bids near the $0.1650 zone.<\/em><\/p>\n

DOGE price started a decent upward move above the $0.1700 level.
\nThe price is trading above the $0.1650 level and the 100-hourly simple moving average.
\nThere was a break below a key bullish trend line with support at $0.1760 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a fresh increase if it clears the $0.1800 resistance zone.<\/p>\n

Dogecoin Price Corrects Gains<\/h2>\n

Dogecoin price started a fresh increase above the $0.1650 resistance<\/a>, like Bitcoin and Ethereum<\/a>. DOGE climbed above the $0.1700 and $0.1800 resistance levels before the bears appeared.<\/p>\n

A high was formed at $0.1852 and the price started a downside correction. There was a move below the $0.180 and $0.1750 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.1558 swing low to the $0.1852 high.<\/p>\n

There was also a break below a key bullish trend line with support at $0.1760 on the hourly chart of the DOGE\/USD pair. Dogecoin price is now trading above the $0.170 level and the 100-hourly simple moving average.<\/p>\n

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

Immediate resistance on the upside is near the $0.1780 level. The first major resistance for the bulls could be near the $0.180 level. The next major resistance is near the $0.1850 level. A close above the $0.1850 resistance might send the price toward the $0.1920 resistance. Any more gains might send the price toward the $0.1980 level. The next major stop for the bulls might be $0.200.<\/p>\n

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

If DOGE\u2019s price fails to climb above the $0.180 level, it could start another decline. Initial support on the downside is near the $0.1720 level. The next major support is near the $0.1705 level and the 50% Fib retracement level of the upward move from the $0.1558 swing low to the $0.1852 high.<\/p>\n

The main support sits at $0.1650. If there is a downside break below the $0.1650 support, the price could decline further. In the stated case, the price might decline toward the $0.1550 level or even $0.1450 in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish 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 $0.1705 and $0.1650.<\/p>\n

Major Resistance Levels \u2013 $0.1800 and $0.1850.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh increase above the $0.1700 zone against the US Dollar. DOGE is now correcting gains and might find bids near the $0.1650 zone. DOGE price started a decent upward move above the $0.1700 level. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There was a break […]<\/p>\n","protected":false},"author":0,"featured_media":61592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61591","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\/61591"}],"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=61591"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/61591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/61592"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}