DOGE Continues Its Slide to $0.095

Dogecoin's price has fallen below the moving average lines and the $0.12 barrier, suggesting the altcoin is likely to decline further.

In the most recent price action, buyers pushed the price above the moving average lines, resuming its bullish ascent.

Resistance Levels $0.45 and $0.50

Support Levels – $0.30 and $0.25

The price bars have fallen below the downward-sloping moving average lines. The 21-day SMA is below the 50-day SMA, indicating a decline. On the 4-hour chart, both the 21-day and 50-day SMAs are sloping downward. The long candlestick tail at the $0.095 support level indicates significant buying demand at lower price levels.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.