The price of Dogecoin (DOGE) has moved below the moving average lines, reaching a low of $0.26 before recovering slightly. It is currently consolidating above the $0.30 support but below the 50-day SMA. The altcoin attempted an upside correction but was rejected twice at the $0.35 barrier. If the price can sustain above the 21-day SMA, it may regain its previous high of $0.45. However, if it falls below the $0.26 support, DOGE could drop to $0.15. The analysis suggests that DOGE is currently trapped between moving average lines, leading to a sideways market with uncertain direction. The key resistance levels are $0.45 and $0.50, while the key support levels are $0.30 and $0.25. As always, readers are advised to conduct their own research before making any investment decisions.



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