Dogecoin recently hit the 0.618 Fibonacci retracement level and began falling.
Assuming the downtrend continues, the next key area of support is at $0.39.
If $0.39 is breached then we could see support at the 50 or 100 moving day averages which coincides, more or less, with the Fibonacci extension levels drawn.
Assuming the downtrend continues, the next key area of support is at $0.39.
If $0.39 is breached then we could see support at the 50 or 100 moving day averages which coincides, more or less, with the Fibonacci extension levels drawn.