- Crypto trader tweeted that $0.07032 was a key support for DOGE and 0.065 was the threshold of losing momentum.
- RSI and PVT indicators denote that DOGE is on a strong trend; DOGE may make its first higher high for 2023.
- DOGE seeks support from the 3:1 Gann line which catapulted DOGE to high prices. It may catapult DOGE once more.
Crypto trader and investor Elizy tweeted that $0.07032 was a key support level for Dogecoin. In the analysis, it could be seen that Dogecoin was making lower highs being subjective to the trend line. As per Elizy’s view, since the $0.07032 support level is a key point, Dogecoin could rise if the bulls manage to defend this support level.
This level is key $DOGE pic.twitter.com/XFYduDdkHw— EliZ¥ (@eliz883) July 19, 2023
However, another Twitter user raised a counter-argument against Elizy’s view and stated that the key support for Dogecoin was a bit lower than Elizy’s support. Nonetheless, Elizy who was strong in his opinion replied to the tweet saying that Dogecoin could lose momentum once it crosses $0.065, and will crash by a huge margin.
DOGE is exchanging hands at $$0.07043, at press time after experiencing an incre…
The post DOGE Bulls Defend Key Support, But Can They Break Lower High Trend? appeared first on Coin Edition.
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