Dogecoin Price Fails to Sustain Bullish Momentum
Key Highlights. Dogecoin'a price struggling to gain traction, as there was no bullish momentum to take the price higher. There is a pennant looking pattern forming on the hourly chart (data feed from CEX. IO), which may act as a catalyst for the next move. The bullish signs are greater compared to the bearish signs at the moment, suggesting a break higher is most likely. Dogecoin's price is finding sellers near 31-32 satoshis, which is a major resistance zone and holds the key in the short term. Pennant Pattern and Resistance. There was no real break for Dogecoin's price, as it continued....
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