CandleFocus 3 Dogecoin (DOGE) Price Levels to Watch After Catastrophic Crash
2024-10-03
Author: Content Editor
Dogecoin has seen a significant drop in price recently, causing concerns about its future. Investors should keep an eye on three important levels: the psychological and technical support at $0.10, the 200 EMA at $0.104, and the resistance level at $0.12. Holding above $0.10 could lead to consolidation or even a reversal, while breaking below it may result in further declines. If Dogecoin falls below the 200 EMA, it could lose long-term support. Breaking above the resistance at $0.12 could trigger a larger rally. On-chain metrics indicate a concentration of large holders and some whales continue to use Dogecoin despite the decline.
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