Dogecoin (DOGE) Under Pressure Again As Bears Eye Lower Levels

Dogecoin corrected some gains from the $0.1050 zone against the US Dollar. DOGE is now holding the $0.10 support but could extend losses. DOGE price started a fresh downside correction below $0.1020. The price is trading below the $0.1020 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.10. Dogecoin Price Holds Support Dogecoin price started a downside correction after it failed to surpass $0.1050, like Bitcoin and Ethereum. DOGE declined below the $0.1035 and $0.1020 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0968 swin...