{"id":633090,"date":"2024-08-05T05:58:54","date_gmt":"2024-08-05T05:58:54","guid":{"rendered":"https:\/\/ktsl888.com\/?p=633090"},"modified":"2024-08-05T05:40:50","modified_gmt":"2024-08-05T05:40:50","slug":"dogecoin-price-doge-slips-0-10","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/doge\/dogecoin-price-doge-slips-0-10\/","title":{"rendered":"Dogecoin Price (DOGE) Slips Alongside Bitcoin and Ethereum: Market Analysis"},"content":{"rendered":"<p><em>Dogecoin started a major decline below the $0.1150 zone against the US Dollar. DOGE is now trading below $0.100 and showing many bearish signs.<\/em><\/p>\n<ul>\n<li>DOGE price is down over 15% from well above the $0.1200 pivot zone.<\/li>\n<li>The price is trading below the $0.100 level and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $0.1000 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to move down unless it reclaims the $0.100 resistance zone.<\/li>\n<\/ul>\n<h2>Dogecoin Price Drops Over 15%<\/h2>\n<p>In the past few sessions, Dogecoin price saw a major decline like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-plunge-53k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-crashes-2000\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. The bears took control and pushed the price below the $0.1120 and $0.1050 support levels.<\/p>\n<p>The price even declined below the $0.1000 support. A low was formed at $0.0881 and DOGE price is now consolidating losses. The price is showing many bearish signs below the 23.6% Fib retracement level of the downward move from the $0.1194 swing high to the $0.0881 low.<\/p>\n<p>Dogecoin is now trading below the $0.100 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0950 level. The next major resistance is near the $0.1000 level. There is also a key bearish trend line forming with resistance at $0.1000 on the hourly chart of the DOGE\/USD pair.<\/p>\n<figure id=\"attachment_633091\" aria-describedby=\"caption-attachment-633091\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-633091 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?resize=1024%2C461\" alt=\"Dogecoin Price (DOGE)\" width=\"1024\" height=\"461\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/Doegcoin-DOGE.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-633091\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">DOGEUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>A close above the $0.100 resistance might send the price toward the $0.1040 resistance or the 50% Fib retracement level of the downward move from the $0.1194 swing high to the $0.0881 low. Any more gains might send the price toward the $0.1080 level. The next major stop for the bulls might be $0.1120.<\/p>\n<h2>More Downsides In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to recover above the $0.1000 level, it could start another decline. Initial support on the downside is near the $0.0880 level. The next major support is near the $0.0850 level.<\/p>\n<p>The main support sits at $0.0780. If there is a downside break below the $0.0780 support, the price could decline further. In the stated case, the price might decline toward the $0.0720 level.<\/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 $0.0880 and $0.0780.<\/p>\n<p>Major Resistance Levels \u2013 $0.0950 and $0.1000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a major decline below the $0.1150 zone against the US Dollar. DOGE is now trading below $0.100 and showing many bearish signs. DOGE price is down over 15% from well above the $0.1200 pivot zone. The price is trading below the $0.100 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1000 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could continue to move down unless it reclaims the $0.100 resistance zone. Dogecoin Price Drops Over 15% In the past few sessions, Dogecoin price saw a major decline like Bitcoin and Ethereum. The bears took control and pushed the price below the $0.1120 and $0.1050 support levels. The price even declined below the $0.1000 support. A low was formed at $0.0881 and DOGE price is now consolidating losses. The price is showing many bearish signs below the 23.6% Fib retracement level of the downward move from the $0.1194 swing high to the $0.0881 low. Dogecoin is now trading below the $0.100 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0950 level. The next major resistance is near the $0.1000 level. There is also a key bearish trend line forming with resistance at $0.1000 on the hourly chart of the DOGE\/USD pair. A close above the $0.100 resistance might send the price toward the $0.1040 resistance or the 50% Fib retracement level of the downward move from the $0.1194 swing high to the $0.0881 low. Any more gains might send the price toward the $0.1080 level. The next major stop for the bulls might be $0.1120. More Downsides In DOGE? If DOGE\u2019s price fails to recover above the $0.1000 level, it could start another decline. Initial support on the downside is near the $0.0880 level. The next major support is near the $0.0850 level. The main support sits at $0.0780. If there is a downside break below the $0.0780 support, the price could decline further. In the stated case, the price might decline toward the $0.0720 level. Technical Indicators Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level. Major Support Levels \u2013 $0.0880 and $0.0780. Major Resistance Levels \u2013 $0.0950 and $0.1000.<\/p>\n","protected":false},"author":67,"featured_media":633092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89099],"tags":[1788,7,79599,79600,84471],"class_list":["post-633090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"acf":[],"yoast_head":"\n<title>Dogecoin Price (DOGE) Slips Alongside Bitcoin and Ethereum: Market Analysis<\/title>\n<meta name=\"description\" content=\"Dogecoin started a major decline below the $0.1150 zone against the US Dollar. 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