Dogecoin price started a fresh decline after it closed below $0.1620, like Bitcoin and Ethereum. DOGE declined below the $0.160 and $0.1550 support levels.
The price even traded below $0.150. A low was formed near $0.1448, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $0.1593 swing high to the $0.1448 low. There is also a bearish trend line forming with resistance at $0.1550 on the hourly chart of the DOGE/USD pair.
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Dogecoin price started a fresh decline after it closed below $0.1620, like Bitcoin and Ethereum. DOGE declined below the $0.160 and $0.1550 support levels.
The price even traded below $0.150. A low was formed near $0.1448, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $0.1593 swing high to the $0.1448 low. There is also a bearish trend line forming with resistance at $0.1550 on the hourly chart of the DOGE/USD pair.