• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

DOGE Price Prediction – Dogecoin Could Restart Drop To $0.12

n70products by n70products
April 16, 2024
in Market & Analysis
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Dogecoin is struggling beneath the $0.180 resistance zone in opposition to the US Greenback. DOGE should keep above the $0.1450 assist zone to start out a recent enhance.

  • DOGE began a recent decline beneath the $0.1750 zone in opposition to the US greenback.
  • The value is buying and selling above the $0.1700 stage and the 100 easy transferring common (4 hours).
  • There’s a key contracting forming with assist at $0.1540 on the 4-hour chart of the DOGE/USD pair (information supply from Kraken).
  • The value may restart its enhance except there’s a shut beneath the $0.1450 assist.

Dogecoin Worth Turns Crimson

After struggling to clear the $0.20 resistance zone, Dogecoin value began a recent decline. There was a pointy bearish transfer beneath the $0.180 and $0.1650 ranges. DOGE traded as little as $0.1283 and not too long ago tried a restoration wave like Bitcoin and Ethereum.

The value climbed above the $0.1450 stage. It broke the 23.6% Fib retracement stage of the downward transfer from the $0.2096 swing excessive to the $0.1283 low.

Nonetheless, the bears are energetic close to the $0.1680 resistance and the 50% Fib retracement stage of the downward transfer from the $0.2096 swing excessive to the $0.1283 low. The value is now consolidating close to the $0.1550 stage. There may be additionally a key contracting forming with assist at $0.1540 on the 4-hour chart of the DOGE/USD pair.

DOGE Price

Supply: DOGEUSD on TradingView.com

Dogecoin can also be beneath the $0.1600 stage and the 100 easy transferring common (4 hours). On the upside, the value is going through resistance close to the $0.160 stage. The subsequent main resistance is close to the $0.170 stage. An in depth above the $0.170 resistance would possibly ship the value towards the $0.1880 resistance. The subsequent main resistance is close to $0.200. Any extra positive factors would possibly ship the value towards the $0.220 stage.

Extra Downsides in DOGE?

If DOGE’s value fails to achieve tempo above the $0.160 stage, it may proceed to maneuver down. Preliminary assist on the draw back is close to the $0.1520 stage.

The subsequent main assist is close to the $0.1450 stage. If there’s a draw back break beneath the $0.1450 assist, the value may decline additional. Within the said case, the value would possibly decline towards the $0.120 stage.

Technical Indicators

4 Hours MACD – The MACD for DOGE/USD is now gaining momentum within the bearish zone.

4 Hours RSI (Relative Power Index) – The RSI for DOGE/USD is now beneath the 50 stage.

Main Assist Ranges – $0.1520, $0.1450 and $0.1280.

Main Resistance Ranges – $0.1600, $0.1780, and $0.200.

Disclaimer: The article is supplied for academic functions solely. It doesn’t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your personal analysis earlier than making any funding choices. Use data supplied on this web site totally at your personal danger.



Source link

Tags: DOGEDogecoinDropPredictionPriceRestart
Previous Post

Announcing Supporters & Impact Booths

Next Post

Dominance Slips Amid Israel-Iran Conflict

Next Post

Dominance Slips Amid Israel-Iran Conflict

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Altcoins Flashing Signs of Relief As Several Coins Gear Up for Mean Reversion, According to Crypto Analyst

Altcoins Flashing Signs of Relief As Several Coins Gear Up for Mean Reversion, According to Crypto Analyst

February 13, 2025
Ethereum Sweeps All The Liquidity Below $2.1K – Time For A Comeback?

Ethereum Sweeps All The Liquidity Below $2.1K – Time For A Comeback?

March 4, 2025
Ethereum Bears Emerge: Is a Deeper Pullback Coming?

Ethereum Bears Emerge: Is a Deeper Pullback Coming?

January 25, 2025

Recents

Major crypto hacks fell 40% in May, says PeckShield

Major crypto hacks fell 40% in May, says PeckShield

June 1, 2025
XRP Multi-Timeframe Breakdown: Here’s What Comes Next

XRP Multi-Timeframe Breakdown: Here’s What Comes Next

June 1, 2025
ETH Price Recovery to $3,000 Soon Amid Staking Push for Ethereum ETFs

ETH Price Recovery to $3,000 Soon Amid Staking Push for Ethereum ETFs

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version