
Jakarta, Pintu News – Dogecoin recently experienced a decline after failing to break the $0.1880 level, similar to what happened to Bitcoin and Ethereum . However, the cryptocurrency managed to maintain support at the $0.1680 level and now seems to be gearing up for a new leg up.
Dogecoin (DOGE) experienced a correction after peaking at $0.1880. The decline took DOGE below the $0.1800 level, but strong support at $0.1680 managed to hold off further declines. Currently, Dogecoin is trying to climb back up and break through the resistance.
Also Read: Shocking Prediction from Donald Trump’s Son: Bitcoin Will Break $1 Million!

Dogecoin is currently trading below the $0.1780 level and the 100-hour simple moving average. There is a bearish trend line with resistance at $0.1760 to watch. If Dogecoin can break and close above this level, there is potential to test the next resistances at $0.1820 and $0.1880. If the bullish momentum continues, Dogecoin may reach $0.1920 and may even try to break $0.20. The next major resistance level is $0.2120, which could be an important target for the bulls if the uptrend continues.
However, if Dogecoin fails to break the $0.1820 level, there is a possibility that the currency will continue to decline. Initial support lies at $0.1700, followed by strong support at $0.1680. A break below this could take Dogecoin to the next major support level at $0.1640. If the decline continues, Dogecoin may reach $0.1550 or even $0.1520 in the short term. Therefore, it is important for investors to monitor these support levels and take action in the event of a downward breakout.
Despite facing some challenges, Dogecoin is still showing resilience in a volatile market. With strong support and potential for further upside, Dogecoin remains an attractive asset for crypto investors. However, it is important to stay alert to price movements and make decisions based on solid technical analysis.
Also Read: Bitcoin Poised to Surge After US Government Shutdown Deal: History Repeats?
Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app through Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
Polylang placeholders do not modify
Polylang placeholders do not modify