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Dogecoin (DOGE) Slips Once More—Bears Tighten Grip on Meme Coin Darling

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
June 16, 2025
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Dogecoin (DOGE) Slips Once More—Bears Tighten Grip on Meme Coin Darling
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Dogecoin began a recent decline from the $0.1880 zone towards the US Greenback. DOGE is now consolidating losses and may get better if it clears $0.1780.

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  • DOGE worth began a recent decline beneath the $0.1880 and $0.180 ranges.
  • The worth is buying and selling beneath the $0.180 stage and the 100-hourly easy shifting common.
  • There’s a short-term bearish development line forming with resistance at $0.1760 on the hourly chart of the DOGE/USD pair (information supply from Kraken).
  • The worth might begin a recent decline if it declines beneath the $0.180 zone.

Dogecoin Value Dips Once more

Dogecoin worth began a recent decline after it didn’t clear the $0.1880 zone, like Bitcoin and Ethereum. DOGE declined beneath the $0.1800 and $0.1750 ranges.

The bears even pushed the worth beneath the $0.1720 stage. A low was shaped at $0.1695 and the worth is now consolidating losses beneath the 23.6% Fib retracement stage of the downward transfer from the $0.2064 swing excessive to the $0.1697 low.

Dogecoin worth is now buying and selling beneath the $0.180 stage and the 100-hourly easy shifting common. There may be additionally a short-term bearish development line forming with resistance at $0.1760 on the hourly chart of the DOGE/USD pair.

Quick resistance on the upside is close to the $0.1760 stage. The primary main resistance for the bulls might be close to the $0.1785 stage. The following main resistance is close to the $0.180 stage. A detailed above the $0.180 resistance may ship the worth towards the $0.1880 resistance. It’s near the 50% Fib retracement stage of the downward transfer from the $0.2064 swing excessive to the $0.1697 low.

Dogecoin Price

Any extra good points may ship the worth towards the $0.200 stage. The following main cease for the bulls could be $0.2120.

Extra Losses In DOGE?

If DOGE’s worth fails to climb above the $0.180 stage, it might begin one other decline. Preliminary help on the draw back is close to the $0.1720 stage. The following main help is close to the $0.1700 stage.

The primary help sits at $0.1680. If there’s a draw back break beneath the $0.1680 help, the worth might decline additional. Within the acknowledged case, the worth may decline towards the $0.1550 stage and even $0.1525 within the close to time period.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now dropping momentum within the bearish zone.

Hourly RSI (Relative Energy Index) – The RSI for DOGE/USD is now above the 50 stage.

Main Assist Ranges – $0.1700 and $0.1680.

Main Resistance Ranges – $0.1760 and $0.1800.



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Tags: CoinDarlingDOGEDogecoinGripMemeMoreBearsSlipsTighten
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