{"id":154892,"date":"2023-09-13T09:55:50","date_gmt":"2023-09-13T04:25:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=154892"},"modified":"2023-09-13T09:55:50","modified_gmt":"2023-09-13T04:25:50","slug":"doge-what-to-expect-after-latest-dip-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/doge-what-to-expect-after-latest-dip-crypto-news\/","title":{"rendered":"DOGE: What to expect after latest dip &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"single-post-author-top\">\n<p>\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2021\/12\/Akashnath-pfp-80x80.jpeg\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\" \/><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t<span class=\"mvp-post-date updated\">Posted: September 13, 2023<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><\/p>\n<\/p><\/div>\n<div>\n<p><i>Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion.<\/i><\/p>\n<ul>\n<li><em>Dogecoin has a bearish structure on the 4-hour chart.<\/em><\/li>\n<li><em>If Bitcoin bounces higher, DOGE would likely follow \u2013 but the $0.068 resistance zone could rebuff the bullish effort<\/em>s.<\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/doge\" data-wpel-link=\"internal\">Dogecoin [DOGE]<\/a> saw a strong rally initiated in June. The price went from $0.058 to $0.0835, a 44.2% rally in 41 days. The market structure of the coin flipped bearishly on 15 August, when DOGE bulls were unable to defend a key support level at $0.0725.<\/p>\n<hr \/>\n<p style=\"text-align: center\">Is your portfolio green? Check out the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/calculator\/dogecoin-profit-calculator\" data-wpel-link=\"internal\">DOGE Profit Calculator<\/a><\/p>\n<hr \/>\n<p>In the past 36 hours, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/bitcoin\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> fell from $25.8k to $24.9k, where some buyers entered the market. This drove a bounce in prices, and BTC was trading at $26.1k at press time.<\/p>\n<p>Despite the short-term volatility, it appeared likely that further losses were in store, although a move higher in search of liquidity could not be ruled out.<\/p>\n<h4>The bearish order block could offer a good entry- but what are the chances of a retest?<\/h4>\n<div id=\"attachment_343093\" style=\"width: 2601px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-343093\" class=\"size-full wp-image-343093\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"Dogecoin drops to a higher timeframe demand zone, traders can expect a bounce\" width=\"2591\" height=\"1469\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price.png 2560w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price-300x170.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price-1024x581.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price-768x435.png 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price-1536x871.png 1536w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price-2048x1161.png 2048w\" data-lazy-sizes=\"(max-width: 2591px) 100vw, 2591px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-343093\" class=\"size-full wp-image-343093\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-price.png\" alt=\"Dogecoin drops to a higher timeframe demand zone, traders can expect a bounce\" width=\"2591\" height=\"1469\" \/><\/a><\/p>\n<p id=\"caption-attachment-343093\" class=\"wp-caption-text\">Source: DOGE\/USDT on TradingView<\/p>\n<\/div>\n<p>A BTC bounce toward the $28k-$28.5k resistance was a possibility. The trading volume in the crypto market was low, and the sentiment was bearish, but the $25k area was a higher timeframe demand zone.<\/p>\n<p>Similarly, Dogecoin was also trading within a higher timeframe demand zone (cyan box) that stretched from $0.0581 to $0.0622. This region was a bullish order block from 14 June on the 1-day chart.<\/p>\n<p>On the other hand, the OBV in the 4-hour timeframe showed no influx of buyers and remained in a steady downtrend to highlight seller dominance.<\/p>\n<p>The RSI showed neutral momentum with a reading of 46, and the market structure was bearish on the H4 chart. The $0.062 and $0.064 levels are important short-term resistances where the bears could take control of the market once more.<\/p>\n<h4>The spot CVD showed bulls have some hope in the coming days<\/h4>\n<div id=\"attachment_343092\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-343092\" class=\"size-full wp-image-343092\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"Dogecoin drops to a higher timeframe demand zone, traders can expect a bounce\" width=\"2560\" height=\"1456\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze.png 2560w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze-300x171.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze-1024x582.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze-768x437.png 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze-1536x874.png 1536w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze-2048x1165.png 2048w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-343092\" class=\"size-full wp-image-343092\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/PP-3-DOGE-coinalyze.png\" alt=\"Dogecoin drops to a higher timeframe demand zone, traders can expect a bounce\" width=\"2560\" height=\"1456\" \/><\/a><\/p>\n<p id=\"caption-attachment-343092\" class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinalyze.net\/dogecoin\/open-interest\/\" data-wpel-link=\"external\">Coinalyze<\/a><\/p>\n<\/div>\n<p>On 11 September, DOGE bounced from $0.0597. The Open Interest climbed by close to $10 million, showing speculators were willing to bet on short-term gains.<\/p>\n<hr \/>\n<p style=\"text-align: center\">How much are <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/convert\/100-doge-to-usd\" data-wpel-link=\"internal\">1,10,100 DOGEs worth today<\/a>?<\/p>\n<hr \/>\n<p>The funding rate was positive again, and the spot CVD saw a bounce in recent hours. Yet it remained in a downtrend and was not a strong piece of evidence to suggest bulls were in control again.<\/p>\n<p>However, if a bounce occurs, it is possible that it could reach as high as $0.066 before facing a reversal. This could present an attractive risk-to-reward shorting opportunity, targeting the recent lows at $0.0597.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: September 13, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion. Dogecoin has a bearish structure on the 4-hour chart. If Bitcoin bounces higher, DOGE would likely follow \u2013 but the $0.068 resistance zone could rebuff the bullish efforts. Dogecoin [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":154893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-154892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=154892"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154892\/revisions"}],"predecessor-version":[{"id":154898,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154892\/revisions\/154898"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/154893"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=154892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=154892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=154892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}