DOGECOIN PRICE ANALYSIS & PREDICTION (April 19) – Doge Enters Top Losers Spot Amid Latest Dip, Resumes Selling

2024-4-20 22:03

 Losing more than 25% in seven days, Dogecoin DOGE alongside other meme coins have posted huge losses since late March. It currently follows a bearish sentiment with a new sell order block forming.

Towards the end of the first quarter, Doge started to show signs of weakness after exploding massively to a multi-month high of $0.229. This was followed by a sudden rejection and steady drops until it found temporal support at $0.167. 

This support produces a bounce and the price retraced slightly to $0.21, where it initiated the second leg down earlier this month. The price fell to a low of $0.13 last week. It bounced and faced rejection again.

Looking at the price actions, the new bearish trajectory is still much in play on the daily chart. Although it has cooled off selling in the past few days but we can expect more swing low to take place shortly 

Taking a week break in selling, it is now looking set for another leg down on the 4-hour timeframe following a notable loss in the past hours. A surge in volatility lurks around the corner. 

If the bulls react to the current price and manage to suppress the latest drops, the selling pressure may hold for a while before resuming. But with the look of things, the bulls may find it difficult to intercept.

DOGE’s Key Level To Watch Source: Tradingview

In the latest drop, Doge may revisit the $0.131 level, tested as monthly low, followed by $0.123. A drop below this level could slip the price to $0.11 and perhaps the $0.0916 level. 

As it stands now, there’s no room for buying. But if the bulls show interest, we may see another retest at the $0.167 resistance. Higher resistance levels for an increase are the $0.19 and $0.21 levels.

Key Resistance Levels: $0.167, $0.19, $0.21

Key Support Levels: $0.131, $0.123, $0.11

Spot Price: $0.147 Trend: Bearish Volatility: High

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: archnoi1/123RF // Image Effects by Colorcinch

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.1393 (+0.51%)
Объем 24H $1.273b
Изменеия 24h: -5.96 %, 7d: -7.81 %
Cегодня L: $0.1384 - H: $0.1393
Капитализация $22.505b Rank 9
Цена в час новости $ 0.1561 (-10.76%)

doge dogecoin sentiment new sell order bearish

Источник: nulltx.com

doge dogecoin → Результатов: 126


Фото:

Dogecoin bulls aim for $1, but these 2 meme coins will grow $500 into $15,000 before DOGE gets there

Dogecoin (DOGE) has always been the people’s crypto — a token born from internet culture that somehow turned into one of the most recognized digital assets in the world. The community is once again buzzing, with bullish traders predicting that DOGE could finally make its long-awaited push toward the $1 mark. But while that milestone […]

2025-10-21 11:40


Dogecoin Price Patterns: DOGE Remains Stable at $0.17, Investors Participate in Coldware Presale For Bigger ROI

As Dogecoin (DOGE) maintains its stable price of around $0. 17 amidst a fluctuating market, investors are increasingly turning to Coldware (COLD) for better long-term returns. Despite Dogecoin (DOGE)’s resilience and strong community support, Coldware (COLD) presents a more scalable and utility-driven solution, making it an attractive investment opportunity as the market braces for the next […] The post Dogecoin Price Patterns: DOGE Remains Stable at $0.

2025-3-22 19:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

FARTCOIN jumps 18% — But this breakout can stick ONLY IF…

Key Takeaways What triggered FARTCOIN’s breakout? A clean break above its multi-month channel, supported by rising CEX volume, Open Interest, and positive Funding Rates. What could stall the rallThe post FARTCOIN jumps 18% — But this breakout can stick ONLY IF… appeared first on AMBCrypto.

Memecoin market cap - Sector analysis reveals shift towards extreme bearishness

Key Takeaways Why was the memecoin market suffering so badly? After December 2024, the memecoin mania narrative died out and has not been revived in any significant way. Until it is, the sector willThe post Memecoin market cap - Sector analysis reveals shift towards extreme bearishness appeared first on AMBCrypto.

Celebrity memecoin trend: Analyzing the 'celebcoin' craze and market risks

Key takeaways Why are celebrity memecoins so popular? Stars are cashing in on hype by launching quick tokens. Are these coins a safe investment? No. Most are highly volatile, short-lThe post Celebrity memecoin trend: Analyzing the 'celebcoin' craze and market risks appeared first on AMBCrypto.

Shibarium L2 metrics: Is growth driving SHIB token burns and price?

Key Takeaways Are the Shibarium metrics and SHIB burns signaling price growth? No, the Shibarium activity and user growth, alongside the SHIB burns, were too little to drive an appreciable price ralThe post Shibarium L2 metrics: Is growth driving SHIB token burns and price? appeared first on AMBCrypto.

Dogecoin - Why a KEY level could make or break DOGE’s $0.27 rally

Key Takeaways  Why does the $0.20 level matter for Dogecoin’s next move? It marks a major whale accumulation zone where 11.12 billion Dogecoins were purchased, forming key resistance. What signaThe post Dogecoin - Why a KEY level could make or break DOGE’s $0.27 rally appeared first on AMBCrypto.