The $0.055 price level has been a reliable support for Dogecoin for quite some time. Even amid the current uncertainty in the crypto market, Dogecoin has managed to stay above this level.
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On the daily chart, there’s a sign of buyer interest, which is seen in a lower price rejection candle. This is a positive indicator that suggests buying momentum is still strong. Can this spark a significant recovery for Dogecoin?
Is the Recovery Trend Targeting $0.0775?
- Dogecoin is currently trading within a range of $0.055 to $0.068.
- A recent bullish breakout from the upper trendline resulted in a 30% price increase.
- The daily trading volume for Dogecoin is $133 million, showing a 17% decrease. Read More...