{"id":3151,"date":"2025-02-25T06:00:23","date_gmt":"2025-02-25T06:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-nosedives-toward-0-20-more-pain-ahead\/"},"modified":"2025-02-25T06:00:23","modified_gmt":"2025-02-25T06:00:23","slug":"dogecoin-doge-nosedives-toward-0-20-more-pain-ahead","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-nosedives-toward-0-20-more-pain-ahead\/","title":{"rendered":"Dogecoin (DOGE) Nosedives Toward $0.20\u2014More Pain Ahead?"},"content":{"rendered":"<p><em>Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh decline below the $0.260 and $0.250 levels.<\/li>\n<li>The price is trading below the $0.2380 level and the 100-hourly simple moving average.<\/li>\n<li>There is a connecting bearish trend line forming with resistance at $0.2180 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could start a recovery if it clears the $0.2180 and $0.2200 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Dips Over 5%<\/h2>\n<p>Dogecoin price started a fresh decline below the $0.2650 zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.260 and $0.250 support levels. It even spiked below $0.2150.<\/p>\n<p>A low was formed at $0.2052 and the price is now consolidating losses. There was a move above the $0.2080 level, but the price remained below the 23.6% Fib retracement level of the downward move from the $0.2609 swing high to the $0.2052 low.<\/p>\n<p>Dogecoin price is now trading below the $0.2250 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2150 level. The first major resistance for the bulls could be near the $0.2180 level.<\/p>\n<p>There is also a connecting bearish trend line forming with resistance at $0.2180 on the hourly chart of the DOGE\/USD pair. The next major resistance is near the $0.2250 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-702145\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Doegcoin-DOGE_6d52b5.png?resize=1024%2C478\" alt=\"Dogecoin Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>A close above the $0.2250 resistance might send the price toward the $0.2330 resistance and the 50% Fib retracement level of the downward move from the $0.2609 swing high to the $0.2052 low. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2620.<\/p>\n<h2>More Losses In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.2180 level, it could start another decline. Initial support on the downside is near the $0.2065 level. The next major support is near the $0.2050 level.<\/p>\n<p>The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might decline toward the $0.1880 level or even $0.1740 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.2050 and $0.2000.<\/p>\n<p>Major Resistance Levels \u2013 $0.2180 and $0.2250.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance. DOGE price started a fresh decline below the $0.260 and $0.250 levels. The price is trading below the $0.2380 level and the 100-hourly simple moving average. There is a connecting bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[63,145,65,146,66,147],"class_list":["post-3151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-doge","tag-doge-btc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3151"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3152"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}