Dogecoin is in a downtrend, the $0.194 level is being monitored.

Dogecoin Stalls

Dogecoin has lost 3% of its value due to macroeconomic pressures, increasing the trend of risk reduction among investors. The cryptocurrency is facing significant selling pressure at the resistance level of $0.20.

Investors continue to monitor support levels around $0.195. If market conditions improve, a potential reversal could occur here.