The price of Dogecoin (DOGE) has remained steady above the support level of $0.24 since February 3. Although the altcoin has been trading above this support level, it has been below the moving average lines for the past two weeks. If DOGE loses the current support at $0.24, it could drop to the previous low of $0.20. The uptrend will begin once the price breaks above the 21-day SMA and will further strengthen when it crosses above the 50-day SMA. The ultimate goal is for Dogecoin to reach $0.43, but it is currently in a sideways trend with its price bars below the moving average lines. The altcoin is currently trading at $0.2439, and its key support levels are $0.30 and $0.25, while its key resistance levels are $0.45 and $0.50. The analysis and forecast provided are the author's personal opinions and should not be taken as financial advice.



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