The post Dogecoin Price Continues Its Downtrend Below $0.18 appeared on BitcoinEthereumNews.com.

Mar 01, 2025 at 14:27 // Price The price of Dogecoin (DOGE) has been gradually falling since it dropped below the moving average lines. DOGE price long term forecast: bearish The price indicator has already predicted a drop to a low of $0.048. Now DOGE has fallen to a low of $0.186. The downtrend will either hold above the $0.158 support or fall to the downside. If the altcoin breaks below the $0.158 level, it will fall back to the lows of the past at $0.080.  On the other hand, if the altcoin falls back and stays above the $0.080 support, the uptrend will begin. DOGE is currently bearish but holding above the $0.18 support. Dogecoin indicator reading The price bars on the weekly chart are below the moving average lines, indicating that selling pressure on DOGE has returned. However, despite the decline, the moving average lines are shifting north. The price bars on the 4-hour chart are below the downward sloping moving average lines. Technical indicators Major Resistance Levels $0.45 and $0.50 Major Support Levels – $0.30 and $0.25 What’s next for Dogecoin? The DOGE price has dropped significantly and is approaching the bottom of the chart. The loss is expected to reach the 2.0 level of the Fibonacci extension or $0.048, although the bulls are buying the dips. The signal for the cryptocurrency is now bearish as it has broken below the current support. Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.   Source: https://coinidol.com/dogecoin-price-below-018/

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Filed under: News - @ March 1, 2025 3:28 pm