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Dogecoin started a fresh decline from the $0.20 zone against the US Dollar. 
DOGE is now consolidating losses and might recover if it clears $0.180. DOGE 
price started a fresh decline below the $0.1880 and $0.180 levels. The price 
is trading below the $0.1850 level and the 100-hourly simple moving average. 
There is a key bearish trend line forming with resistance at $0.1880 on the 
hourly chart of the DOGE/USD pair (data source from Kraken). The price could 
start a fresh decline if it declines below the $0.1680 zone. Dogecoin Price 
Dips Below Support Dogecoin price started a fresh decline after it failed to 
clear the $0.20 zone, like Bitcoin and Ethereum. DOGE declined below the 
$0.1920 and $0.1880 levels. The bears even pushed the price below the $0.1750 
level. A low was formed at $0.1687 and the price is now consolidating losses 
below the 23.6% Fib retracement level of the downward move from the $0.2005 
swing high to the $0.1687 low. Dogecoin price is now trading below the $0.1850 
level and the 100-hourly simple moving average. There is also a key bearish 
trend line forming with resistance at $0.1880 on the hourly chart of the 
DOGE/USD pair. Immediate resistance on the upside is near the $0.1760 level. 
The first major resistance for the bulls could be near the $0.1840 level. It 
is close to the 50% Fib retracement level of the downward move from the 
$0.2005 swing high to the $0.1687 low. The next major resistance is near the 
$0.1880 level. A close above the $0.1880 resistance might send the price 
toward the $0.20 resistance. Any more gains might send the price toward the 
$0.2050 level. The next major stop for the bulls might be $0.2120. More Losses 
In DOGE? If DOGE’s price fails to climb above the $0.1850 level, it could 
start another decline. Initial support on the downside is near the $0.1685 
level and the trend line. The next major support is near the $0.1650 level. 
The main support sits at $0.1550. If there is a downside break below the 
$0.1550 support, the price could decline further. In the stated case, the 
price might decline toward the $0.1350 level or even $0.1320 in the near term. 
Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing 
momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI 
for DOGE/USD is now below the 50 level. Major Support Levels – $0.1680 and 
$0.1650. Major Resistance Levels – $0.1760 and $0.1880.