- Dogecoin broke long-term support level 0.1365
- Likely to fall to support level 0.1155
Dogecoin cryptocurrency recently broke below the long-term support level 0.1365 (which has been reversing the price from April, as can be seen below).
The breakout of the support level 0.1365 strengthened the bearish pressure on Dogecoin.
Given the clear daily downtrend and the bearish sentiment seen across the crypto markets, Dogecoin cryptocurrency can be expected to fall to the next support level 0.1155.
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.