Dogecoin Bremsen Wéi Bearish Schëld schéngt; Hei sinn Niveauen fir ze kucken

• DOGE’s price slowed down after showing so much strength as it rallied to a high of $0.15.  
• DOGE could suffer retracement as bearish divergence appears in the four-hourly (4H) timeframe, with the price suffering little retracement. 
• Dem DOGE säi Präis bleift staark op den alldeeglechen Zäitframe well de Präis iwwer den 50 an 200 handelt Eksponentiell Beweegungsmëttel (EMA).

The price of Dogecoin (DOGE) displayed an incredible price action as the price rallied from a low of $0.055 to a high of $0.15, with many becoming euphoric. The crypto market has enjoyed a little bit of relief bounce across all most assets, with Bitcoin (BTC) and Ethereum (ETH) leading the charge as most crypto assets, including Dogecoin (DOGE), produced over 150% gains in less than 7 days. With uncertainty in the crypto market creeping in, DOGE could suffer a retracement as a bearish sign emerges. (Data from Binance)

Dogecoin (DOGE) Präis Analyse Op der Wochen Chart

De Krypto-Maart gesäit ëmmer méi begréissen aus, well vill Altcoins weider iwwer 150% Gewënn an de leschten 7 Deeg produzéieren fir aus senger Range-gebonnen Bewegung auszebriechen. D'Léifer vun DOGE hunn e puer super Runen Rallye gesinn.

The past weeks were tough for the crypto space, with many altcoins struggling to hold up their key support areas. After enjoying so many rallies in previous weeks, the week looks more mixed. 

After its weekly close of above $0.12, the price of DOGE rallied to a high of $0.15; the price faced a minor rejection to break higher to a region of $0.15, thereby trending higher in its price. 

The price of DOGE has maintained its bullish structure above the $0.12 region as the price of DOGE could suffer a retracement to a region of $0.1 and even lower if this region is lost.

Wöchentlech Resistenz fir de Präis vun DOGE - $ 0.15.

Wöchentlech Ënnerstëtzung fir de Präis vun DOGE - $ 0.1.

Präis Analyse vun DOGE Op der Daily (1D) Chart

In the daily timeframe, the price of DOGE continued to look strong as the price held above its range channel, forming strong support to hold off the price from sellers.

DOGE currently trades at $0.13, just above its key support formed at $0.095 on the daily timeframe after a successful breakout from a range channel with good volume as the price rallied to a high of $0.15, where it got rejected from trending higher. 

The price of DOGE has formed a bearish divergence on the 4H timeframe suggesting more retracement could be in the pipeline as the price could retrace to a region of $0.1-$0.095. If these levels are lost, we could see the price drop to a region of $0.07-$0.055. 

Deeglech Resistenz fir den DOGE Präis - $ 0.15.

Deeglech Ënnerstëtzung fir den DOGE Präis - $ 0.09- $ 0.055.

Featured Image Vun zipmex, Charts Vun Tradingview