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Can DOGE Price Bounce Back from $0.055 Multi-Month Support?

Release: 2023/10/12 02:15 Reading: 773

Original author：CryptosHeadlines.com

Original source：https://coinmarketcap.com/community/articles/6526d8a617fd4d75a374ed66

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?

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