NewsBTC
26 August 2025
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Dogecoin Price Declines Below $0.220 Amid Bearish Trends

Dogecoin (DOGE) is experiencing a decline, currently trading below the $0.220 mark against the US Dollar.

  • DOGE price is below $0.2150 and the 100-hourly simple moving average.
  • A bearish trend line is forming with resistance at $0.2160 on the hourly chart.
  • The price could rise if it remains above the $0.20 zone.

Price Movement Overview

The recent decline followed a close below $0.2320, mirroring trends in Bitcoin and Ethereum. DOGE fell below support levels of $0.220 and $0.2150, reaching a low of $0.2059 before consolidating losses.

Current trading is below the 23.6% Fib retracement level from the recent high of $0.2672 to the low of $0.2059. Immediate resistance is at $0.2160, while further resistances are at $0.2280 and $0.2365, near the 50% Fib retracement level.

Dogecoin Price

A close above $0.2365 may push the price towards $0.2450 and possibly $0.250 or $0.2550.

Potential Further Decline

If DOGE fails to surpass $0.2160, it may drop further. Initial support is at $0.2060, with major support at $0.2020 and critical support at $0.20. A break below $0.20 could lead to declines towards $0.1880 or $0.1820.

Technical indicators show:

  • Hourly MACD indicates bearish momentum.
  • RSI is below the 50 level.

Major support levels are $0.2000 and $0.1880, while major resistance levels are $0.2160 and $0.2280.