Dogecoin (DOGE) Under Heavy Pressure—Is a Bottom in Sight?

Dogecoin started a fresh decline below the $0.1320 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1350. DOGE price started a fresh decline below the $0.1320 level. The price is trading below the $0.1300 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1340 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1340 and $0.1350. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it closed below $0.1380, like Bitcoin and Ethereum. DOGE declined below the $0.1350 and $0.1340 support levels. The price even traded below $0.130. A low was formed near $0.1266, and the price is now show...