{"id":91254,"date":"2025-08-26T05:08:54","date_gmt":"2025-08-26T05:08:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91254"},"modified":"2025-08-26T05:08:54","modified_gmt":"2025-08-26T05:08:54","slug":"dogecoin-doge-bears-eye-breakdown-below-0-20-after-steep-correction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91254","title":{"rendered":"Dogecoin (DOGE) Bears Eye Breakdown Below $0.20 After Steep Correction"},"content":{"rendered":"

Dogecoin started a fresh decline below the $0.220 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2050.<\/em><\/p>\n

DOGE price started a fresh decline below the $0.220 level.
\nThe price is trading below the $0.2150 level and the 100-hourly simple moving average.
\nThere is a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a fresh upward move if it stays above the $0.20 zone.<\/p>\n

Dogecoin Price Dips Again<\/h2>\n

Dogecoin price started a fresh decline after there was a close below $0.2320, like Bitcoin<\/a> and Ethereum<\/a>. DOGE declined below the $0.220 and $0.2150 support levels.<\/p>\n

The price even traded below $0.210. A low was formed at $0.2059 and the price is now consolidating losses. There was a minor recovery wave but the price is still below the 23.6% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low.<\/p>\n

Dogecoin price is now trading below the $0.2150 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2160 level. There is also a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE\/USD pair.<\/p>\n

The first major resistance for the bulls could be near the $0.2280 level. The next major resistance is near the $0.2365 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low.<\/p>\n

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

A close above the $0.2365 resistance might send the price toward the $0.2450 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2550.<\/p>\n

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

If DOGE\u2019s price fails to climb above the $0.2160 level, it could continue to move down. Initial support on the downside is near the $0.2060 level. The next major support is near the $0.2020 level.<\/p>\n

The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might slide toward the $0.1880 level or even $0.1820 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 $0.2000 and $0.1880.<\/p>\n

Major Resistance Levels \u2013 $0.2160 and $0.2280.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh decline below the $0.220 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2050. DOGE price started a fresh decline below the $0.220 level. The price is trading below the $0.2150 level and the 100-hourly simple moving average. There is a bearish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":91255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91254","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\/91254"}],"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=91254"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91255"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}