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Dogecoin (DOGE) Faces Rejection at $0.26, Consolidates above $0.25 Support

Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishOn June 22, DOGE’s price rebounded above $0.16 support but resumed consolidation above $0.22. For the past week, Dogecoin has been fluctuating above the current support. The price action has been characterized by small body indecisive candlesticks. The candlesticks indicate that buyers […]

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Dogecoin (DOGE) Continues Downtrend, Targets $0.29 Low

Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDOGE’s price continues its downward move after rejection at $0.33. DOGE price at the same time broke below the moving averages. This will catapult the coin to the bearish trend zone. Since the breakdown on June 4, the crypto’s price has been […]

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Dogecoin (DOGE) Consolidates Above $0.33 Support as Bulls and Bears Reach a Period of Indecision

Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishSince May 19, Dogecoin fell to $0.215 low as bulls bought the dips. DOGE price corrected upward and resumed consolidation above $0.33. The coin has reached bearish exhaustion and may reverse but not immediately. Meanwhile, on May 10 downtrend, a retraced candle […]

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