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DOGE Price Prediction April 19: Can Dogecoin Hold the $0.153 Support Line?

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DOGE Price April 19: Watch $0.153 Support, $0.159 Resistance
  • Dogecoin shows short-term bearish pressure amid broader market corrections.
  • Price consolidation between $0.154-$0.156 suggests an imminent breakout.
  • Decreased trading volume and mixed technical indicators signal market indecision.

Dogecoin (DOGE) is showing indecision on the charts ahead of April 19th, as short-term bearish pressure tempers recent bullish attempts. 

Despite a promising early-day rally, the popular meme coin is currently locked in a tight consolidation range. With the broader crypto market experiencing mild corrections, Dogecoin’s price activity reflects a similar pattern of uncertainty and caution. 

DOGE Price Action and Trend Analysis

At the time of writing, Dogecoin is trading at $0.1555, down 0.47% over the past 24 hours. The price reached an intraday high of $0.159 before pulling back to a low of $0.153. Since then, DOGE has struggled to regain upside momentum, forming lower highs and lower lows throughout the day.

Source: CoinMarketCap

This descending pattern suggests a short-term bearish trend. However, the consolidation between $0.154 and $0.156 indicates that sellers are losing momentum. The range-bound movement is narrow…

The post DOGE Price Prediction April 19: Can Dogecoin Hold the $0.153 Support Line? appeared first on Coin Edition.

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