Dogecoin (DOGE) at Risk — Can Support Hold This Time?

Description

Dogecoin started a fresh decline from the $0.2540 zone against the US Dollar. DOGE is now consolidating losses and might extend losses below $0.2200. DOGE price started a fresh decline below the $0.2420 and $0.2400 levels. The price is trading below the $0.240 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.2230 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clear...