Dogecoin (DOGE) Nosedives Toward $0.20

Dogecoin (DOGE) Nosedives Toward $0.20—More Pain Ahead?

Feb 25, 2025 06:00 am Cryptocurrency 36

Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance.

DOGE price started a fresh decline below the $0.260 and $0.250 levels.

The price is trading below the $0.2380 level and the 100-hourly simple moving average.

There is a connecting bearish trend line forming with resistance at $0.2180 on the hourly chart of the DOGE/USD pair (data source from Kraken).

The price could start a recovery if it clears the $0.2180 and $0.2200 resistance levels.

Dogecoin Price Dips Over 5%

Dogecoin price started a fresh decline below the $0.2650 zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.260 and $0.250 support levels. It even spiked below $0.2150.

A low was formed at $0.2052 and the price is now consolidating losses. There was a move above the $0.2080 level, but the price remained below ..

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