TL;DR Breakdown
- Dogecoin price analysis is bearish today.
- The strongest resistance is present at $0.1591.
- The key support levels to watch out for are $0.1352 and $0.1250.
The Dogecoin price analysis appears to be bearish and a further decline can be expected if the price breaks below the $0.1450 level. The next support levels are likely to be found at $0.1352 and $0.1250.
Dogecoin price analysis appears to be bearish with a strong resistance present at $0.1591. A break below the $0.1450 level could see the price decline towards the $0.1352 and $0.1250 support levels.
The Dogecoin price has been bearish over the past few weeks as it has failed to sustain any rallies above the $0.1591 resistance level. The price has now declined below the $0.1450 level and it looks like the bears are aiming for a move towards the $0.1352 support level.
The key support levels to watch out for are $0.1352 and $0.1250. A break below these levels could see the price decline towards the $0.10 level. On the other hand, if the price manages to rally above the $0.1591 resistance level, it could start to move towards the $0.1750 and $0.1850 levels.
The Dogecoin price is bearish below the $0.1450 level and it looks like the bears are targeting a move towards the $0.1352 support level. The key support levels to watch out for are $0.1352 and $0.1250.
DOGE/USD 4-hour price analysis: Recent developments
Dogecoin price analysis shows that the DOGE/USD pair is bearish below the $0.1450 level and it could decline towards the $0.1352 support level in the near-term.
The Dogecoin price has been bearish over the past few weeks as it has failed to sustain any rallies above the $0.1591 resistance level. The price has now declined below the $0.1450 level and it looks like the bears are aiming for a move towards the $0.1352 support level.
DOGE/USD 4-hour price chart source: TradingView
The key support levels to watch out for are $0.1352 and $0.1250. A break below these levels could see the price decline towards the $0.10 level. On the other hand, if the price manages to rally above the $0.1591 resistance level, it could start to move towards the $0.1750 and $0.1850 levels.
The Dogecoin price is bearish below the $0.1450 level and it looks like the bears are targeting a move towards the $0.1352 support level. The key support levels to watch out for are $0.1352 and $0.1250.
A break below these levels could see the price decline towards the $0.10 level while a rally above the $0.1591 resistance level could start a move towards the $0.1750 and $0.1850 levels.
Dogecoin Price Analysis for 1-day: DOGE loses value
Dogecoin price analysis for 1-day shows that the DOGE/USD pair is trading at $0.1407 after a slight decline from the opening price of $0.1438.
DOGE/USD 1-day price chart source: TradingView
The Dogecoin price has been bearish over the past few weeks as it has failed to sustain any rallies above the $0.1591 resistance level. The price has now declined below the $0.1450 level and it looks like the bears are aiming for a move towards the $0.1352 support level.
The key support levels to watch out for are $0.1352 and $0.1250. A break below these levels could see the price decline towards the $0.10 level. On the other hand, if the price manages to rally above the $0.1591 resistance level, it could start to move towards the $0.1750 and $0.1850 levels.
Dogecoin Price Analysis Conclusion
Concluding the Dogecoin price analysis, we deduce that the meme cryptocurrency has entered the bearish domain again. The bears are hard at work, decreasing the value and taking the bulls out of the picture. Although, as a result, the trend shows signs to be reversed in a few days.
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Source: https://www.cryptopolitan.com/dogecoin-price-analysis-2022-04-23/