Dogecoin (DOGE) Gesiichter staarke Verkafsdrock bei $ 0.45 Héich, setzt den Downtrend zréck

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Schlëssel Resistenzniveauen: $ 0.45, $ 0.46, $ 0.47
Schlëssel Support Niveauen: $ 0.25, $ 0.20, $ 0.15

DOGE / USD Langfristeg Trend: Bieresch
Dogecoin is in a downward move after the bulls fail to push above the $0.45 resistance zone. In the first uptrend of April 16, the crypto was resisted and the coin fell to $0.24 low. The price corrected upward and retested the $0.45 resistance zone. The crypto fell and broke the bullish trend line. As the trend line is broken, it is presumed that the previous trend is likely to be terminated. However, the selling pressure is likely to continue.

Daily Chart Indicateuren Liesen:
DOGE price has fallen to level 63 of the Relative Strength Index period 14. It indicates that the coin is still in the uptrend zone above the centerline 50. The 50-day and 21-day SMAs are sloping upward indicating the uptrend. The DOGE price has broken the bullish trend line and there is the tendency of further selling pressure.

DOGE / USD Mëttelfristeg Viraussiicht: Bieresch
On the 4 hour chart, the DOGE price is trading below the resistance at $0.42. The crypto is facing resistance and it is on a downward move. On April 20 downtrend, a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that DOGE will fall to level 1.618 Fibonacci extension. That is the low of $0.167.

4-Stonn Chart Indikatoren Liesen
DOGE is below the 40% range of the daily stochastic. The coin is in a bearish momentum and the stochastic bands are sloping horizontally. The 21-day and 50-day SMAs are sloping upward indicating the previous trend.

Allgemeng Ausbléck fir Dogecoin
DOGE price is presently in a downward move as the buyers were repelled at the $0.45 resistance zone. The price has broken below the 21-day and the 50-day SMA which suggests a further downward movement of price.


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