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📉 Dogecoin Slips Toward Breakdown — $0.20 Support on the Ed

koinmilyoner

Updated at: 2 hours ago

{"content":"📉 Dogecoin Slips Toward Breakdown — $0.20 Support on the Edge Dogecoin fell below $0.220 versus the US Dollar again. DOGE is consolidating and may go below $0.2050. Below $0.220, DOGE price fell again. The price is below $0.2150 and the 100-hour SMA. The hourly DOGE/USD chart shows a negative trend line with resistance at $0.2160. Like Bitcoin and Ethereum, Dogecoin fell after closing below $0.2320. DOGE fell below $0.220 and $0.2150 supporting levels. Price dropped below $0.210. After a low of $0.2059, the price is consolidating losses. Despite a brief rebound wave, the price is still below the 23.6% Fib retracement level of the latest slide from $0.2672 swing high to $0.2059 low. Dogecoin is below $0.2150 and the 100-hourly SMA. If a rebound wave occurs, upward resistance is at $0.2160. The hourly DOGE/USD chart shows a negative trend line with resistance at $0.2160. Bulls may see first resistance at $0.2280. Near $0.2365 is the next significant resistance. It is around the 50% Fib retracement level of the latest slide from $0.2672 swing high to $0.2059 low. A closing above $0.2365 might push pricing above $0.2450. More advances might push the price toward $0.250. Bulls may halt at $0.2550 next. Another DOGE Drop? DOGE may continue to fall if it fails to get over $0.2160. Initial downside support is $0.2060. Near $0.2020 is the next important support. The major support is $0.20. If the price breaks $0.20, it might fall further. The price may fall to $0.1880 or $0.1820 in the short term. Tech Indicators DOGE/USD's hourly MACD is becoming negative. DOGE/USD's hourly RSI is below 50. Key Support Levels: $0.2000, $0.1880. Major resistance levels: $0.2160, $0.2280. #DOGE #MarketPullback #Write2Earn #TrumpFiresFedGovernorCook $DOGE $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/26/878ebf91b9374480ae03ee65263ae505.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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