Dogecoin (DOGE) at Risk — Can Support Hold This Time?

May 28, 2025 04:00 am Cryptocurrency 326

Dogecoin started a fresh decline from the $0.2540 zone against the US Dollar. DOGE is now consolidating losses and might extend losses below $0.2200.

DOGE price started a fresh decline below the $0.2420 and $0.2400 levels.

The price is trading below the $0.240 level and the 100-hourly simple moving average.

There is a connecting bullish trend line forming with support at $0.2230 on the hourly chart of the DOGE/USD pair (data source from Kraken).

The price could start a fresh increase if it clears the $0.230 resistance zone.

Dogecoin Price Holds Support

Dogecoin price started a fresh decline after it failed to clear the $0.2550 zone, unlike Bitcoin and Ethereum. DOGE declined below the $0.2420 and $0.2400 levels.

The bears even pushed the price below the $0.2200 level. A low was formed at $0.2157 and the price is now consolidating losses. There ..

Support the originator by clicking the read the rest link below.