Dogecoin has started a fresh decline against the US dollar after failing to clear $0.0950. The price is trading below the $0.088 zone and the 100 simple moving average (4 hours), with initial support on the downside near the $0.0825 level. The next major support is near the $0.080 level, and a break below that could lead to further declines toward the $0.0765 level. On the upside, the price is facing resistance near the $0.0855 level, and a close above the $0.0885 resistance might send the price toward the $0.092 resistance, with the next major resistance near $0.0950. The MACD for DOGE/USD is gaining momentum in the bearish zone, while the RSI is now below the 50 level. (newsbtc)
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Dogecoin Price Prediction: Doge Turns Red, Can This Support Save The Bulls?
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