Dogecoins currency price rose cautiously in latest intraday trading, amid the dominance of the downward correctional trend in the short term, with ongoing negative pressure due to trading below the 50-day SMA, while a negative divergence forms in the Stochastic after reaching overbought levels compared to the prices movements, sending out negative signals.

Therefore we expect the price to decline and target the pivotal support of $0.18555, provided the resistance of $0.20585 holds on.

Todays price forecast: Bearish