The cryptocurrency market continues to experience a decline as reported by CoinMarketCap. DOGE is currently the biggest loser among the top 10 coins, with a decrease of over 10%. Looking at the hourly chart, it appears that DOGE may have found support at $0.18, although it is advisable to wait for the daily bar to close. If the price maintains this position, there could be a breakout leading to a move towards the $0.1750 zone.

On a larger time frame, the rate of DOGE is still falling following a bearish closure yesterday. If this trend persists, traders might see a test of the $0.16-$0.17 range in the coming days. In terms of the daily chart against BTC, attention should be given to the nearest level of 0.00000282. Any false breakout at this level could indicate a local increase towards the 0.00000290 mark.

As of the latest data, DOGE is trading at $0.1840.