Can drop of DOGE continue to $0.20 zone?
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U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.On the hourly chart, the rate of DOGE is returning to the local support of $0.2258. If a breakout happens, the decline is likely to continue to the $0.2250 zone by tomorrow.The rate of DOGE is closer to the support than to the resistance level. If buyers cannot seize the initiative, traders may witness a breakout, followed by an ongoing drop to the $0.21-$0.2150 range.From the midterm point of view, the price of the meme coin keeps going down after a false breakout of the resistance of $0.2929. If the weekly bar closes with a short wick, there is a high chance of a test of the $0.20 zone soon.
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