{"id":27659,"date":"2023-08-29T07:59:30","date_gmt":"2023-08-29T07:59:30","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/08\/29\/doge-price-on-the-edge-of-a-massive-fall-targeting-0-04\/"},"modified":"2023-08-29T07:59:30","modified_gmt":"2023-08-29T07:59:30","slug":"doge-price-on-the-edge-of-a-massive-fall-targeting-0-04","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/08\/29\/doge-price-on-the-edge-of-a-massive-fall-targeting-0-04\/","title":{"rendered":"DOGE Price On The Edge Of A Massive Fall Targeting $0.04"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>DOGE worth holds calmly and firmly above its long-standing main help at $0.06 whereas buyers nurse their wounds within the wake of the sell-off on Monday. The most distinguished meme coin, boasting $8.8 billion in market capitalization is up 1.2% to $0.063 on Tuesday.<\/p>\n<p>Dogecoin and a lot of the crypto market, particularly Bitcoin and the highest altcoins, have come underneath heavy promoting strain, with buyers seeming disinterested within the normal buy-the-dip narratives attributable to fears that extra losses are probably earlier than the crypto market begins the run into the 2024\/2025 bull market.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><a href=\"https:\/\/coingape.com\/btc-price-prediction-will-bitcoin-flip-below-25k-before-next-move-above-30k\/\">BTC price, as previously mentioned<\/a>, dangers bowing to a different sell-off under $25,000 earlier than it may possibly make its bullish case above $30,000.<\/p>\n<p>As for\u00a0<a href=\"https:\/\/coingape.com\/price\/dogecoin\/\">Dogecoin<\/a>, help at $0.06 is enjoying a important function within the ongoing stability and have to be defended in any respect prices. Otherwise, buying and selling under this degree would possibly push DOGE worth into an prolonged downtrend concentrating on $0.044 and $0.04 areas, respectively.<\/p>\n<h2>Navigating DOGE Price Weakening Market Structure<\/h2>\n<p>Dogecoin sits under all three main transferring averages, beginning with the 50-day EMA (purple), the 100-day EMA (blue) and the 200-day EMA (purple). This place implies that DOGE worth is weak to declines until consumers ignore all the crypto surroundings (at the moment in shambles) to realize floor above the transferring averages and most significantly the resistance at $0.07.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<figure id=\"attachment_157895\" aria-describedby=\"caption-attachment-157895\" style=\"width: 1233px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/29131424\/DOGEUSD_2023-08-29_10-08-19.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-157895\" alt=\"Doge price chart with support at $0.06\" width=\"1233\" height=\"561\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/29131424\/DOGEUSD_2023-08-29_10-08-19.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-157895\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/29131424\/DOGEUSD_2023-08-29_10-08-19.png\" alt=\"Doge price chart with support at $0.06\" width=\"1233\" height=\"561\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-157895\" class=\"wp-caption-text\">DOGE\/USD each day chart | Tradingview<\/figcaption><\/figure>\n<p>As seen on the chart, Dogecoin\u2019s actions have since October\u2019s run-up to $0.16, been confined under a descending channel, which bulls should break to make vital headway to the psychological resistance at $0.2.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>The technical outlook in shorter timeframes just like the four-hour chart foreshadows a 7% fall if a bearish rectangle sample confirms a breakout.<\/p>\n<figure id=\"attachment_157894\" aria-describedby=\"caption-attachment-157894\" style=\"width: 1233px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/29131420\/DOGEUSD_2023-08-29_10-43-43.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-157894\" alt=\"Doge price chart with support at $0.06\" width=\"1233\" height=\"566\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/29131420\/DOGEUSD_2023-08-29_10-43-43.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-157894\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/29131420\/DOGEUSD_2023-08-29_10-43-43.png\" alt=\"Doge price chart with support at $0.06\" width=\"1233\" height=\"566\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-157894\" class=\"wp-caption-text\">DOGE\/USD four-hour chart | Tradingview<\/figcaption><\/figure>\n<p>Dogecoin holds in a precarious place, the place motion under the rectangle decrease restrict at $0.0614 might add credence to the fears round losses extending beneath $0.06 and exacerbating the potential dip to $0.044 and $0.04 purchaser congestion and liquidity zones.<\/p>\n<h2>It\u2019s Not Over For DOGE Bulls<\/h2>\n<p>A restoration is prone to observe the continuing consolidation above help at $0.06 based mostly on the uptrend within the Money Flow Index (MFI).<\/p>\n<p>The (MFI) tracks the quantity and route of cash flowing into and out of DOGE markets over a while. It combines each worth and quantity knowledge to measure the shopping for and promoting strain on an asset.<\/p>\n<p>An uptrend within the MFI signifies that extra money is flowing into Dogecoin markets than out, which may sign a bullish development or a possible worth reversal first to $0.07 and later above the channel on its well past $0.1.<\/p>\n<h3>Related Articles<\/h3>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here&rsquo;s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA157893\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>John is a famend crypto analyst and journalist, offering professional insights into each broad and centered features of the digital asset market. As a steadfast reporter, he retains his viewers up to date with the newest information within the crypto sphere, delving into matters comparable to worth developments, on-chain knowledge analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the ever-evolving metaverse.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD157893\">\n<p>  The offered content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty on your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31173623\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31173623\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk&rsquo;s purchase price <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31165520\/will_cramer_curse_strike_again_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31165520\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Will Cramer Curse Strike Again? <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/mercedes-benz-to-release-nft-collection-with-fingerprints-dao\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31115141\/mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31115141\/mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Mercedes Benz To Release NFT Collection With Fingerprints DAO <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/doge-price-still-vulnerable-to-declines-unless-it-soars-past-crucial-level\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] DOGE worth holds calmly and firmly above its long-standing main help at $0.06 whereas buyers nurse their wounds within the wake of the sell-off on Monday. The most distinguished meme coin, boasting $8.8 billion in market capitalization is up 1.2% to $0.063 on Tuesday. Dogecoin and a lot of the crypto market, particularly Bitcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[548,2312,1835,1301,110,7375],"class_list":["post-27659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-doge","tag-edge","tag-fall","tag-massive","tag-price","tag-targeting","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=27659"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27659\/revisions"}],"predecessor-version":[{"id":27660,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27659\/revisions\/27660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/27661"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=27659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=27659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=27659"}],"curies":[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