{"id":71428,"date":"2025-06-04T03:48:57","date_gmt":"2025-06-04T03:48:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=71428"},"modified":"2025-06-04T03:48:57","modified_gmt":"2025-06-04T03:48:57","slug":"dogecoin-doge-consolidates-losses-can-meme-coin-mania-make-a-comeback","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=71428","title":{"rendered":"Dogecoin (DOGE) Consolidates Losses \u2014 Can Meme Coin Mania Make a Comeback?"},"content":{"rendered":"

Dogecoin started a fresh decline from the $0.2250 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.20.<\/em><\/p>\n

DOGE price started a fresh decline below the $0.220 and $0.20 levels.
\nThe price is trading below the $0.20 level and the 100-hourly simple moving average.
\nThere is a connecting bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a fresh increase if it clears the $0.20 resistance zone.<\/p>\n

Dogecoin Price Holds Support<\/h2>\n

Dogecoin price started a fresh decline after it failed to clear the $0.2450 zone, unlike Bitcoin<\/a> and Ethereum<\/a>. DOGE declined below the $0.220 and $0.20 levels.<\/p>\n

The bears even pushed the price below the $0.1920 level. A low was formed at $0.1855 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $0.2279 swing high to the $0.1855 low.<\/p>\n

Dogecoin price is now trading below the $0.20 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE\/USD pair.<\/p>\n

Immediate resistance on the upside is near the $0.20 level. The first major resistance for the bulls could be near the $0.2060 level. It is close to the 50% Fib retracement level of the downward move from the $0.2279 swing high to the $0.1855 low.<\/p>\n

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

The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward the $0.2250 resistance. Any more gains might send the price toward the $0.2340 level. The next major stop for the bulls might be $0.250.<\/p>\n

More Losses In DOGE?<\/h2>\n

If DOGE\u2019s price fails to climb above the $0.20 level, it could start another decline. Initial support on the downside is near the $0.1910 level and the trend line. The next major support is near the $0.1850 level.<\/p>\n

The main support sits at $0.1720. If there is a downside break below the $0.1720 support, the price could decline further. In the stated case, the price might decline toward the $0.1650 level or even $0.1550 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 $0.1910 and $0.1855.<\/p>\n

Major Resistance Levels \u2013 $0.2000 and $0.2060.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline from the $0.2250 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.20. DOGE price started a fresh decline below the $0.220 and $0.20 levels. The price is trading below the $0.20 level and the 100-hourly simple moving average. There is a connecting […]<\/p>\n","protected":false},"author":0,"featured_media":71429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71428","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\/71428"}],"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=71428"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71429"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}