
{"id":84526,"date":"2025-07-29T05:28:22","date_gmt":"2025-07-29T05:28:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84526"},"modified":"2025-07-29T05:28:22","modified_gmt":"2025-07-29T05:28:22","slug":"dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84526","title":{"rendered":"Dogecoin (DOGE) Dips Again \u2013 Healthy Correction or Sign of Weakening Momentum?"},"content":{"rendered":"<p><em>Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support.<\/em><\/p>\n<p>DOGE price started a fresh decline below the $0.2350 level.<br \/>\nThe price is trading below the $0.2320 level and the 100-hourly simple moving average.<br \/>\nThere is a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<br \/>\nThe price could start a fresh upward move if it clears the $0.2280 and $0.2350 resistance levels.<\/p>\n<h2>Dogecoin Price Eyes Recovery Wave<\/h2>\n<p>Dogecoin price started a fresh decline from the $0.250 resistance zone, underperforming <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-holds-support-117600\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-stays-strong-3720\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. DOGE declined below the $0.2350 and $0.2320 support levels.<\/p>\n<p>The decline gained pace below the $0.2300 level. A low was formed at $0.2225 and the price is now consolidating losses. There is also a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2280 level and the 23.6% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Doegcoin-DOGE_ef049d.png\"><\/a><\/p>\n<p>The first major resistance for the bulls could be near the $0.2350 level or the 50% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2550 level. The next major stop for the bulls might be $0.2650.<\/p>\n<h2>Downside Correction In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.2280 level, it could start a downside correction. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2120 level.<\/p>\n<p>The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.1980 level or even $0.1920 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.2220 and $0.2120.<\/p>\n<p>Major Resistance Levels \u2013 $0.2280 and $0.2350.<\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support. DOGE price started a fresh decline below the $0.2350 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There is a bearish trend line forming [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":84527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84526","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\/84526"}],"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=84526"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84526\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84527"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}