{"8e48885939777fab4ef6d11914c91cf8":" DOGE is currently trading around $0.19.","d442f89f3027d51d5598b884c565f966":" Daily trading activity has jumped by over 67%.","f5eb8268ec9339041c67b0459c4d5b4c":"1.19% slip in the overall crypto market cap has brought a big red wave across the assets. All major token prices are revisiting the former support zones. Meanwhile, the meme coin market cap has reached $63.5 billion, after dropping 2.1%. The active bearish pressure has made the tokens bleed. Meanwhile, Dogecoin (DOGE), the dog-themed asset, has posted a 3.26% loss. ","82539febd5186c9e5c172dd366c19f3f":"The only way to prevent further downside correction for Dogecoin, the bulls should gain enough traction on the upside. As per CoinMarketCap data, the asset has traded at $0.2029 in the early hours, and with the bears taking control, it made the price fall to its bottom level of $0.1912. ","75e2e8976970af2c847a1af9f7f02333":"DOGE is currently trading at around $0.1941, with a market cap of $29.29 billion. Besides, the daily trading volume of the meme coin has surged by over 67.72%, reaching $2.78 billion. The Coinglass data has reported that the market has seen a 24-hour liquidation of $8.87 million worth of DOGE.","f53624ffbf19826fb03fa525fee7224f":"What Lies Ahead for DOGE\u2019s Price?","13c88a0363e1659c4e4d753c5e44b225":"The four-hour price chart exhibits a negative outlook, and the price is expected to fall to the $0.1933 range. With the stronger bearish correction, DOGE could trigger the death cross formation. The price might test the support below $0.1925. If the meme coin\u2019s bullish pressure is activated, the price might climb to the resistance at the $0.1949 zone. Further upside correction could push the death cross out, driving the DOGE price up toward $0.1957 or even higher. ","ade849956a187e17320bf52a2fb59289":" DOGE chart (Source: TradingView)","4b4add759095a77ab1402f7c872a93fd":"Additionally, the technical chart analysis reveals that the Moving Average Convergence Divergence (MACD) line of DOGE is below the zero line. It indicates that the market is in a bearish phase. But the signal line is above the zero line, which gives a brief bullish presence. DOGE\u2019s Chaikin Money Flow (CMF) indicator is at -0.04, suggesting slight selling pressure in the market. Also, the money is flowing out of the asset, but since it is close to zero, the momentum is not strongly bearish.","2eb1393e5d0300c6a55eb9fba1a41ea8":"DOGE\u2019s daily Relative Strength Index (RSI) is positioned at 38.73 implies that the momentum is leaning toward the oversold zone, showing increasing bearish hold. The price could soon approach a potential reversal area if the value continues to drop to 30. Moreover, the Bull Bear Power (BBP) reading of DOGE at -0.00639 signals that the bears are currently dominant. As the value is close to zero, the market could shift direction soon.","9f1f4af0d0b82dea2724fc2ecee59f59":"Top Updated Crypto News","86ec803884c28cf8a2dde2306f2752e3":"Solana (SOL) Battle: Will Bulls Charge Past $200 or Bears Hold the Line?"}