DOGECOIN TECHNICAL ANALYSIS CMP-DOLLAR 0.082: From Paws to the Moon

DOGE may surge 10%+ upon breaching $0.0840 resistance.

• According to Coingabbar Price Analysis, For close to two years, the price of DOGE has followed a horizontal trend shaped by a symmetrical triangle.

• In the midst of this consolidation, Dogecoin has exhibited conformity to a triangle pattern and a newly formed ascending support trendline, potentially impacting the upcoming trend.

• The DOGE Coin price is situated above crucial EMAs (20, 50, 100, and 200), signifying the existence of a short-term recovery.

• As a result, the ascending price is anticipated to increase by approximately 5.50% before facing resistance at the upper trendline of a well-established triangle pattern, near the $0.086 threshold.

• Despite the general upward trajectory, DOGE encounters heightened volatility, resulting in multiple retracement phases.

KEY LEVELS :

RESISTANCE LEVEL : $0.08400-$0.08800

SUPPORT LEVEL : $0.07900-$0.07600

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