Dogecoin (DOGE) price is in a downtrend as the market hits a low of $0.063. The cryptocurrency has fallen and is retesting the previous price levels from July 12 and July 28. On the downside, the bulls have defended the current support since June 30.
Dogecoin (DOGE) price has resumed its downward correction as the price falls below the moving average line. The cryptocurrency has fallen to the low of $0.067 after failing to break the $0.09 resistance zone.
In the last 48 hours, Dogecoin (DOGE) has made an upward move as bulls bought the dips. On August 11, the price of DOGE rose to a high of $0.075, but then fell back to a low of $0.070.
Dogecoin (DOGE) is trading marginally as the cryptocurrency's price rises above its moving average lines. Since June 26, the uptrend has been restored at the $0.07 high.
Dogecoin (DOGE) is in an uptrend as the price breaks above the moving average lines. The uptrend has been staved off as the altcoin finds support above the moving average lines.
Dogecoin (DOGE) is in a downward correction as it trades just above the $0.060 support level. Over the past five days, the DOGE price has fluctuated between $0.061 and $0.064 price levels.
Dogecoin (DOGE) is moving between the moving averages. It is above the 21-day line SMA but below the 50-day line SMA. The current price fluctuations will continue until the trends resume.