Dogecoin Breaks Down to Previous Support on 4H Chart
Dogecoin has broken down to its previous support level on the 4-hour chart, following its prior pattern. The price currently holds at $0.09, with both the EMA50 and EMA200 acting as resistance levels at this point. The MACD death cross reinforces bearish momentum, while trading within the Bollinger Bands focuses attention on the lower support at $0.09 versus upper resistance at $0.1.
The neutral RSI of 43.64 leaves room for further downside before any potential reversal. Traders tracking DOGE price prediction are closely watching these confluences amidst broader crypto flows.