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BTCUSD Bitcoin

96,866.53

404.15 (0.42%)

11:18:38 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,913,639,171,800	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	404.15	0.42%	96,866.53	96,866.53	96,866.54

High Price	Low Price	Open Price	Prev. Close	52 Week Range
97,342.28	96,387.38	96,489.90	96,462.38	45,252.93 - 109,356.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	11:18:38	0.00000210	96,866.53	USD

Price x Volume	Volume	Base Symbol	Related Pairs
136,700,836.21	1,411.28	BTC	BTCEUR	BTCGBP	ETHBTC

Dogecoin (DOGE) Plunges to $0.20: Is This the Bottom or More Pain Ahead?

03/02/2025 5:08am

NEWSBTC

Dogecoin declined heavily below the $0.280 support against the US Dollar. DOGE is now recovering and might face hurdles near $0.270. DOGE price started a fresh decline below the $0.2850 and $0.2650 support levels. The price is trading below the $0.280 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.270 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.250 and $0.270 resistance levels. Dogecoin Price Dives 30% Dogecoin price started a fresh decline from the $0.3250 resistance zone, like Bitcoin and Ethereum. DOGE dipped below the $0.300 and $0.2750 support levels. It even spiked below $0.220. The price declined over 25% and tested the $0.20 zone. A low was formed at $0.20 and the price is now rising. There was a move above the 23.6% Fib retracement level of the downward move from the $0.3416 swing high to the $0.20 low. Dogecoin price is now trading above the $0.280 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.250 level. The first major resistance for the bulls could be near the $0.260 level. The next major resistance is near the $0.270 level or the 50% Fib retracement level of the downward move from the $0.3416 swing high to the $0.20 low. There is also a major bearish trend line forming with resistance at $0.270 on the hourly chart of the DOGE/USD pair. A close above the $0.270 resistance might send the price toward the $0.2880 resistance. Any more gains might send the price toward the $0.30 level. The next major stop for the bulls might be $0.320. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.250 level, it could start another decline. Initial support on the downside is near the $0.2250 level. The next major support is near the $0.2150 level. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might decline toward the $0.1880 level or even $0.1650 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2250 and $0.2150. Major Resistance Levels – $0.2500 and $0.2700.

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