According to CoinStats, the cryptocurrency market currently lacks reversal signals. Dogecoin’s price has declined by 10.46% in the last day. On an hourly chart, Dogecoin is on a trajectory toward local support at $0.1972. If bearish pressure persists, it may test the $0.19-$0.1950 range shortly. On a larger timeframe, traders should watch for confirmation of price action around the $0.20377 level. If the candle closes below this, it could signal further decline to the support of $0.1750. The weekly chart displays no immediate reversal signals either. If the bar closes below $0.20 without a long wick, a test of the $0.15-$0.17 range could occur in the near future. Dogecoin is currently trading at $0.2026 as of press time. Read the full article on U.Today for more analysis.