The Dogecoin Bullish Reset: A Clear Roadmap To $0.35
Dogecoin’s price action over the past week has seen it trending upwards. This movement has seen the meme cryptocurrency make a push towards the upper end of a consolidation range in the daily candlestick timeframe chart. A recent analysis shared on TradingView by The_Alchemist_Trader points to a possible shift in momentum, as Dogecoin is retesting its point of control with a bullish reaction that might push it to $0.35 in the short term and as high as $0.6 in the long term. Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back Dogecoin Retesting Point Of....
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Dogecoin price Key Highlights. Dogecoin price struggled to clear a major resistance around 60.0 Satoshis earlier, but now there is a break noted. As mentioned in yesterday's analysis, a break above 60.0 Satoshis might ignite an upside reaction, which is exactly what happened. The next level of selling interest could be seen around 64.0 Satoshis where sellers might appear. Dogecoin price managed to clear an important resistance around 60.0 Satoshis, which has opened the doors for more upsides. More Gains? We highlighted recently that price is facing a major barrier around 60.0 Satoshis, as....
Dogecoin is currently seeing reasonable upside following the Bitcoin recovery above $71,000. This has sent the whole crypto market into a state of euphoria, and the DOGE price has crossed the $0.16 resistance while at it. This bullish trend is expected to continue, as one analyst points out that Dogecoin has formed a bullish triangle […]