Dogecoin has seen a notable price decline, dropping below the $0.350 mark after failing to surpass the $0.40 resistance level. The cryptocurrency is currently trading below its 100-hour simple moving average, indicating a bearish trend.
There's a bearish trend line forming at the $0.3350 level, which is also a major resistance point, along with the $0.3400 level. On the downside, key support levels are established at $0.320 and $0.3150, which may come into play if the bearish trend persists.
Traders should keep a close eye on these technical levels as they could hint at potential price reversal or further downtrend.
Дереккөз: blockonomi.com ↗