Dogecoin Price Weekly Analysis – Further Gains Possible?

Dogecoin Price Weekly Analysis – Further Gains Possible?

Dogecoin price may gain further in the near term. However, for that to happen the price needs to break the 100 SMA on H4 chart. Important Support area can be at 52.0 Satoshis. Dogecoin price weakened initially this past week and traded below the 50.0 Satoshis, but managed to recover later on. The price traded as low as 47.5 Satoshis before climbing back higher. The price traded positively and managed to break a bearish trend line formed on the 4-hours chart (data feed from HitBTC). The price also settled above the 23.6% Fib retracement level of the last wave down from the 64.0 Satoshis....


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