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{"id":638191,"date":"2024-08-28T06:08:38","date_gmt":"2024-08-28T06:08:38","guid":{"rendered":"https:\/\/uniquehot.com\/?p=638191"},"modified":"2024-08-28T04:57:36","modified_gmt":"2024-08-28T04:57:36","slug":"dogecoin-price-doge-slips-0-10-2","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/doge\/dogecoin-price-doge-slips-0-10-2\/","title":{"rendered":"Dogecoin Price (DOGE) Slips Into the Red: Key Hurdles to Watch"},"content":{"rendered":"

Dogecoin started a fresh decline from well above $0.1100 against the US Dollar. DOGE is down over 10% and struggling to start a recovery wave.<\/em><\/p>\n

\n
DOGE price started a fresh decline and traded below $0.100.<\/li>\n
The price is trading below the $0.1050 level and the 100-hourly simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance at $0.1025 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could start a recovery wave if it clears the $0.100 and $0.1025 levels.<\/li>\n<\/ul>\n
Dogecoin Price Faces Hurdles<\/h2>\n
In the past few sessions, Dogecoin price saw a fresh decline below the $0.1050 level like Bitcoin<\/a> and Ethereum<\/a>. The price traded below the $0.100 level to enter a short-term bearish zone.<\/p>\n
There was a spike below the $0.0980 level. A low was formed at $0.0962 and the price is now attempting a recovery wave. There was a minor increase above the $0.0988 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1064 swing high to the $0.0962 low.<\/p>\n
Dogecoin price is now trading below the $0.1050 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1012 level. The next major resistance is near the $0.1025 level.<\/p>\n
There is also a key bearish trend line forming with resistance at $0.1025 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 50% Fib retracement level of the downward move from the $0.1064 swing high to the $0.0962 low.<\/p>\n
$\"Dogecoin$ <\/a>
Source: DOGEUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
A close above the $0.1025 resistance might send the price toward the $0.1088 resistance. Any more gains might send the price toward the $0.1120 level. The next major stop for the bulls might be $0.1250.<\/p>\n
More Downsides In DOGE?<\/h2>\n
If DOGE\u2019s price fails to climb above the $0.1025 level, it could start another decline. Initial support on the downside is near the $0.0962 level. The next major support is near the $0.095 level.<\/p>\n
The main support sits at $0.0920. If there is a downside break below the $0.0920 support, the price could decline further. In the stated case, the price might decline toward the $0.0880 level or even $0.0850 in the near term.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bearish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $0.0962 and $0.0920.<\/p>\n
Major Resistance Levels \u2013 $0.1025 and $0.1088.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin started a fresh decline from well above $0.1100 against the US Dollar. DOGE is down over 10% and struggling to start a recovery wave. DOGE price started a fresh decline and traded below $0.100. The price is trading below the $0.1050 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1025 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could start a recovery wave if it clears the $0.100 and $0.1025 levels. Dogecoin Price Faces Hurdles In the past few sessions, Dogecoin price saw a fresh decline below the $0.1050 level like Bitcoin and Ethereum. The price traded below the $0.100 level to enter a short-term bearish zone. There was a spike below the $0.0980 level. A low was formed at $0.0962 and the price is now attempting a recovery wave. There was a minor increase above the $0.0988 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1064 swing high to the $0.0962 low. Dogecoin price is now trading below the $0.1050 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1012 level. The next major resistance is near the $0.1025 level. There is also a key bearish trend line forming with resistance at $0.1025 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 50% Fib retracement level of the downward move from the $0.1064 swing high to the $0.0962 low. A close above the $0.1025 resistance might send the price toward the $0.1088 resistance. Any more gains might send the price toward the $0.1120 level. The next major stop for the bulls might be $0.1250. More Downsides In DOGE? If DOGE\u2019s price fails to climb above the $0.1025 level, it could start another decline. Initial support on the downside is near the $0.0962 level. The next major support is near the $0.095 level. The main support sits at $0.0920. If there is a downside break below the $0.0920 support, the price could decline further. In the stated case, the price might decline toward the $0.0880 level or even $0.0850 in the near term. Technical Indicators Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level. Major Support Levels \u2013 $0.0962 and $0.0920. Major Resistance Levels \u2013 $0.1025 and $0.1088.<\/p>\n","protected":false},"author":67,"featured_media":638193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89099],"tags":[1788,7,79599,79600,84471],"class_list":["post-638191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"acf":[],"yoast_head":"\nDogecoin Price (DOGE) Slips Into the Red: Key Hurdles to Watch<\/title>\n<meta name=\"description\" content=\"Dogecoin started a fresh decline from well above $0.1100 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Price (DOGE) Slips Into the Red: Key Hurdles to Watch","url":"http:\/\/uniquehot.com\/analysis\/doge\/dogecoin-price-doge-slips-0-10-2\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/doge\/dogecoin-price-doge-slips-0-10-2\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/dogecoin-red.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/dogecoin-red.jpg?fit=1792%2C1024"},"articleSection":"DOGE","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge\/btc","dogecoin","dogeusd","dogeusdt","meme coin"],"dateCreated":"2024-08-28T06:08:38Z","datePublished":"2024-08-28T06:08:38Z","dateModified":"2024-08-28T06:08:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Price (DOGE) Slips Into the Red: Key Hurdles to Watch\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/doge\\\/dogecoin-price-doge-slips-0-10-2\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/doge\\\/dogecoin-price-doge-slips-0-10-2\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/dogecoin-red.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/dogecoin-red.jpg?fit=1792%2C1024\"},\"articleSection\":\"DOGE\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\\\/btc\",\"dogecoin\",\"dogeusd\",\"dogeusdt\",\"meme coin\"],\"dateCreated\":\"2024-08-28T06:08:38Z\",\"datePublished\":\"2024-08-28T06:08:38Z\",\"dateModified\":\"2024-08-28T06:08:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/dogecoin-red.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/638191"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=638191"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/638191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/638193"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=638191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=638191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=638191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}