3 Dogecoin (DOGE) price levels to watch after catastrophic crash

Dogecoin has recently fallen sharply by about 18%, raising concerns about its trend. Investors need to pay attention to three key price levels to judge its trend.

$0.10 support level

This support level is critical and has been the bottom in the past. If it holds, it may consolidate or reverse, and if it falls below, it will face greater selling pressure.

200-day moving average

Dogecoin is now slightly above the 200-day EMA of about $0.104. If it falls below, it may see a deeper correction, so investors should pay close attention.

$0.12 resistance level

Dogecoin did not hold this level at its recent peak. Breaking it may start a larger rebound, otherwise it will be difficult to accelerate the rise again.

On-chain indicators show that 6% of the coins are concentrated in large holders, and 73% of holders are still profitable. Although the price has fallen, the slight increase in large transactions indicates that whales may still hold.