{"id":63307,"date":"2025-05-01T05:28:14","date_gmt":"2025-05-01T05:28:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=63307"},"modified":"2025-05-01T05:28:14","modified_gmt":"2025-05-01T05:28:14","slug":"dogecoin-doge-fights-to-stay-afloat-major-hurdles-remain","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=63307","title":{"rendered":"Dogecoin (DOGE) Fights to Stay Afloat \u2014 Major Hurdles Remain"},"content":{"rendered":"

Dogecoin started a fresh decline from the $0.1900 zone against the US Dollar. DOGE is now correcting losses and might find face hurdles near $0.1750.<\/em><\/p>\n

DOGE price failed to clear $0.200 and corrected gains.
\nThe price is trading below the $0.180 level and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $0.1740 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 Eyes Recovery<\/h2>\n

Dogecoin price started a fresh increase above the $0.1650 resistance, like Bitcoin<\/a> and Ethereum<\/a>. DOGE climbed above the $0.1720 and $0.1750 resistance levels before the bears appeared.<\/p>\n

A high was formed at $0.1920 and the price started a fresh decline. There was a move below the $0.180 and $0.1750 levels. A low was formed at $0.1671 and the price is now attempting a recovery wave. It surpassed the 50% Fib retracement level of the downward move from the $0.1807 swing high to the $0.1671 low.<\/p>\n

Dogecoin price is now trading below the $0.180 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1750 level. There is also a key bearish trend line forming with resistance at $0.1740 on the hourly chart of the DOGE\/USD pair.<\/p>\n

The trend line is near the 61.8% Fib retracement level of the downward move from the $0.1807 swing high to the $0.1671 low. The first major resistance for the bulls could be near the $0.1840 level.<\/p>\n

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

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 $0.1750 level, it could start another decline. Initial support on the downside is near the $0.170 level. The next major support is near the $0.1680 level.<\/p>\n

The main support sits at $0.1600. If there is a downside break below the $0.160 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 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 $0.1700 and $0.1680.<\/p>\n

Major Resistance Levels \u2013 $0.1750 and $0.1840.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline from the $0.1900 zone against the US Dollar. DOGE is now correcting losses and might find face hurdles near $0.1750. DOGE price failed to clear $0.200 and corrected gains. The price is trading below the $0.180 level and the 100-hourly simple moving average. There is a key bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":63308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63307","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\/63307"}],"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=63307"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63308"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}