Dogecoin’s Battle with Resistance Levels: Insights and Analysis
Dogecoin is experiencing a volatile period in its value against the dollar. The cryptocurrency has managed to rise above the $0.150 resistance area and is currently trying to overcome a resistance zone at $0.170. However, it has not yet succeeded in doing so.
Dogecoin Makes a Remarkable Attempt to Recover
The DOGE/USD pair's 4-hour chart shows a significant downtrend line set by the $0.170 resistance. Overcoming this resistance is essential for the cryptocurrency to enter a positive area and begin a new fluctuation.
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Although DOGE is trading above the 100 simple moving average and has experienced a recovery wave from the $0.1280 support level, it is still under the influence of bears. The cryptocurrency ...