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Dogecoin (DOGE) Flatlines—Is a Breakout or Breakdown Coming? Newsbtc 2 апта бұрын

Dogecoin (DOGE) Flatlines—Is a Breakout or Breakdown Coming? 🐶

Dogecoin started a fresh decline against the US Dollar, falling below $0.2620 and trading under the $0.2580 level. Despite breaking above a bearish trend line, it struggles to clear the $0.2550 resistance. A successful breakout may see DOGE rise to $0.2720 or $0.300, while failure to do so could lead to a drop below $0.2420 towards $0.2220.

The DOGE/USD hourly chart shows resistance at $0.2550 with major resistance at $0.2720. Meanwhile, the hourly MACD shows slower momentum, and the RSI is below 50, signaling weak movement. Major support levels include $0.2500 and $0.2420, indicating key areas for potential recovery or decline.

Дереккөз: www.newsbtc.com ↗

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