Dogecoin Price Analysis: DOGE still consolidates above $0.20, breakdown to follow today?

TL;DR Breakdown Dogecoin price analysis is bearish today.DOGE/USD continued to trade just above $0.20 support.Further upside rejected, setting lower highs. Dogecoin price analysis indicates bearish momentum to follow today as bulls could not gain any momentum over the last 24 hours. Therefore, we expect DOGE/USD to finally break below the $0.20 support and test further downside. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded clearly in the red over the last 24 hours. The top altcoin, Ethereum, lost 5.7 percent, leading the rest of the top coins. Meanwhile, Bitcoin was bearish also, with a loss of 4.15 percent. Dogecoin price movement in the last 24 hours: Dogecoin consolidates above $0.20 DOGE/USD traded in a range of $0.1994 – $0.2065, indicating mild volatility over the last 24 hours. Trading volume has increased by 1.63 percent and totals $842.4 billion, while the total market cap trades around $26.6 billion, ranking the coin in 10th place overall. DOGE/USD 4-hour chart: DOGE set to break lower? On the 4-hour chart, we can see Dogecoin price action setting increasingly lower highs, indicating an upcoming break lower. DOGE/USD 4-hour chart. Source: TradingView Dogecoin has seen a continuation of bearish momentum over the second half of September. After a strong drop lower on the 7th of September, DOGE/USD consolidated for several days between $0.23 support and $0.25 resistance. Break low...