Dogecoin is struggling to rise above the $0.1650 resistance zone against the US Dollar. DOGE could decline heavily if it settles below the $0.140 support.

• DOGE is facing many hurdles near the $0.1650 and $0.170 levels against the US dollar.
• Intengo ihweba ngaphansi kwezinga lika-$0.1620 kanye nesilinganiso esihambayo esingu-100 esilula (amahora angu-4).
• There is a major bearish trend line forming with resistance at $0.1620 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
• Intengo kufanele ihlale ngaphezu kuka-$0.170 ukuze iye endaweni enhle futhi iqale ukuhlinzwa okusha.

Dogecoin Price Signals Downturn

After a major decline, Dogecoin price started a recovery wave from the $0.1280 zone. A low was formed at $0.1283 and DOGE climbed above $0.1350, like Bitcoin and Ethereum.

There was a move above the $0.1385 and $0.140 resistance levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.2092 swing high to the $0.1283 low. However, the bears protected more gains above the Ukumelana okungu- $ 0.170.

The price failed to test the 50% Fib retracement level of the downward move from the $0.2092 swing high to the $0.1283 low. There is also a major bearish trend line forming with resistance at $0.1620 on the 4-hour chart of the DOGE/USD pair.

Dogecoin is also below the $0.160 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.160 level.

Source: I-DOGEUSD ku-TravingView.com

The next major resistance is near the $0.1680 level. The main hurdle is at $0.170. A close above the $0.170 resistance might send the price toward the $0.1850 resistance. Any more gains might send the price toward the $0.20 level.

Ukulahlekelwa Okungaphezulu ku-DOGE?

Uma intengo ye-DOGE yehluleka ukuzuza isivinini esingaphezu kwezinga lika-$0.160, ingaqala okunye ukwehla. Ukwesekwa kokuqala ohlangothini oluphansi kuseduze nezinga lika-$0.1475.

Ukwesekwa okukhulu okulandelayo kuseduze nezinga lika-$0.1400. Uma kukhona ikhefu eliphansi elingaphansi kokusekelwa kwe-$ 0.1400, intengo ingase yehle ngokuqhubekayo. Esimeni esishiwo, intengo ingase yehle iye kuleveli engu-$0.120.

Izinkomba Technical

Amahora angu-4 MACD - I-MACD ye-DOGE/USD manje ithola umfutho endaweni ye-bearish.

Amahora angu-4 i-RSI (I-Relative Strength Index) - I-RSI ye-DOGE/USD manje ingaphansi kwezinga le-50.

Amazinga Okusekelwa Amakhulu - $ 0.1475, $ 0.1400 no- $ 0.1200.

Izinga Elikhulu Lokumelana - $ 0.1600, $ 0.1680, kanye ne- $ 0.1700.

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• Source: https://www.newsbtc.com/analysis/doge/doge-price-prediction-dogecoin-0-14/