
财经少华|May 28, 2025 12:32
Analyze Dogecoin (DOGE)
Unlike Bitcoin and Ethereum, Dogecoin failed to break through the resistance level of $0.2550 and began a new round of decline, falling below the $0.2420 and $0.2400 levels. Bears have even pushed the price below $0.2200, with a low point formed at $0.2157, and the price is currently consolidating and declining.
Currently, the price of Dogecoin has shown a bullish trend line on the DOGE/USD hourly chart, with support at $0.2230.
The upward pressure level is around $0.2300, with the main pressure level at $0.2350 and the next key pressure level at $0.2428. If the closing price breaks through $0.2428, it may push the price up to $0.2550, and further increases may test $0.2640 or even $0.280.
If Dogecoin fails to break through $0.2350, it may fall again. The initial support level is around $0.2200 and the trend line, with the next major support level at $0.2150. If it falls below $0.2150, the price may further drop to $0.2000 or even $0.1840.
DOGE
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