Dogecoin (DOGE) Red Prints Return, Resistance Could Cap Any Recovery

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 $0.1250 level. The price is trading below the $0.130 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.1350 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1300 and $0.1350. Dogecoin Price Dives Below Support Dogecoin price started a fresh decline after it closed below $0.1350, like Bitcoin and Ethereum. DOGE declined below the $0.1300 and $0.1250 support levels. The price even traded below $0.120. A low was formed near $0.1154, and the pr...