#Dicover 100x gems DOGE Price Prediction – DOGE interesting to bear on rebound

IN RECENT TRADING DAYS, DOGE PRICE HAS STRUGGLED TO BREAK ABOVE $0.0920. DOGE REMAINED BELOW THE $0.095 RESISTANCE ZONE AND STARTED A NEW DECLINE. A sharp drop below the $0.0900 and $0.0865 support levels. It even tested the $0.0760 area. A low was formed near $0.0760 and the price is currently trying to recover the wave. A break above the $0.080 resistance zone.
It cleared a 23.6% Fib retracement of the downward move from a Fluctuation high of $0.0943 to a low of $0.0760. DOGE IS CURRENTLY TRADING BELOW THE $0.090 LEVEL AND THE SIMPLE 100 MA (4 JAM). A major bearish trend line has also formed on the 4-hour chart of the DOGEE/USD pair, with resistance near $0.0920.
On the bright side, the price is facing resistance near $0.0875. It is close to the 61.8% Fib retracement level of the downward move from a Fluctuation high of $0.0943 to a low of $0.0760. The next major resistance is near the $0.090 level.
Closing above the $0.090 resistance level could push the price towards the $0.092 resistance level. The next major resistance is near the $0.095 level. Any more rise could push the price towards the $0.105 level.
If the DOGE price fails to break through the $0.0875 level, a new decline may begin. The initial support to the downside is located near $0.080. The next major support is near the $0.0760 level. If it breaks below the $0.0760 support level, the price could drop further. In the above scenario, the price could fall to the level of $0.0710.
Technical Indicators
4-Hour MACD – MACD DOGEE/USD is currently gaining momentum in the bearish zone.
4-hour RSI (Relative Strength Index) – The RSI for DOGEE/USD is currently below the 50 level.
Major support levels – $0.080, $0.0760 and $0.0710.
Major resistance levels – $0.0875, $0.0920, and $0.0950.
(Source: Aayush Jindal)