![💥With a net worth of tens of billions, he was sent back to the senior year of high school by the entrepreneurial system. If he failed in the mission, he would die! The teacher laughed at him that he had no future, but he relied on ten years of memory to open a store and sell it! With the help of his confidants, all the plans of his peers were seen through. He grabbed the limelight, expanded his industry, broke the prophecy, and counterattacked the tens of billions of rich people! [The system said I would go bankrupt, but I became the richest man]](/uploads/2026/10/31/cryptocurrencies-news/videos/origin_6ae57adee412c_image_500_375.webp "💥With a net worth of tens of billions, he was sent back to the senior year of high school by the entrepreneurial system. If he failed in the mission, he would die! The teacher laughed at him that he had no future, but he relied on ten years of memory to open a store and sell it! With the help of his confidants, all the plans of his peers were seen through. He grabbed the limelight, expanded his industry, broke the prophecy, and counterattacked the tens of billions of rich people! [The system said I would go bankrupt, but I became the richest man]")
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Dogecoin (DOGE) started a fresh decline below the $0.2000 zone, following in the footsteps of Bitcoin
Despite a promising start to the week, Bitcoin (BTC) and major altcoins encountered a downturn on Monday. This follows a period of sluggish trading over the weekend, with Bitcoin failing to break above the $50,000 mark.
After a weekend of muted trading activity, cryptocurrencies encountered renewed selling pressure on Monday. This follows a period of sluggish trading over the weekend, with Bitcoin remaining below the $50,000 level despite a rally on Friday.
Bitcoin (BTC) dropped by over 4% to trade below the $47,000 zone after failing to break above the $50,000 level on Friday. The world’s leading cryptocurrency encountered resistance at the 50% Fibonacci retracement level of the recent decline from $69,000 to $42,000.
Dogecoin (DOGE) also slid below the $0.1620 zone, approaching the 50% Fibonacci retracement level of the decline from $0.1809 to $0.1440. The next major support is seen at $0.1500.
On the other hand, Ethereum (ETH) declined below the $4,000 level and the 100-hour simple moving average. The next major support is seen near the $3,920 level.
Dogecoin (DOGE)
Dogecoin (DOGE) price is currently trading below the $0.1850 level and the 100-hour SMA. The immediate resistance is seen at the $0.1620 level or the 50% Fibonacii retracement level of the recent decline from $0.1809 to $0.1440.
The first major resistance for the buyers is seen at the $0.1680 level, where there is a bearish trend line formed on the hourly chart of the DOGE/USD pair. The next resistance is seen at the $0.1720 level.
If the price manages to break above $0.1720, it could push the price towards $0.1850, and possibly higher towards $0.2000. The next major stopping point for the buyers could be $0.2050.
However, if the price of Dogecoin (DOGE) fails to rise above the $0.1680 level, then there is a possibility that the price decline will continue. Initial support is seen at the $0.1500 level. The next major support is seen at $0.1450.
The key support is at $0.1420. In case of a break below the $0.1420 support, the price could continue to slide. In that scenario, the price may drop towards $0.1350 or even $0.1250 in the short term.
Technical Indicators:
The 24-hour MACD for DOGE/USD is slowly losing momentum in the bearish zone. The 24-hour RSI (Relative Strength Index) for DOGE/USD is now below the 50 level.
Key Support Levels: $0.1500 and $0.1450.
Key Resistance Levels: $0.1680 and $0.1880.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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