CandleFocus

Dogecoin Returns Above $0.13 As The Uptrend Ends

The price of Dogecoin (DOGE) has exceeded its previous high of $0.143 and reached a high of $0.15 before pulling back. If the current support level at $0.14 holds, DOGE is expected to continue its uptrend and potentially break through the resistance at $0.15. If this happens, the altcoin may rise to highs of $0.18 and $0.20. However, if DOGE loses support, it will fall back above the 21-day SMA. The altcoin is currently in a sideways trend on the 4-hour chart, trading above the support of $0.135 and below the resistance level of $0.150. This analysis and forecast are personal opinions and not a recommendation to buy or sell cryptocurrency. Readers are advised to do their research before investing.

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