10 months ago
Dogecoin (DOGE) FlatlinesIs a Breakout or Breakdown Coming?
Dogecoin's price recently dropped below $0.270 and $0.2620, reaching a low of $0.2420 before attempting a recovery. It broke above a bearish trend line at $0.2540 but is struggling to stay above $0.2550 and the 100-hourly moving average. Key resistance levels are at $0.2550, $0.2625, and $0.2720. If Dogecoin closes above $0.2720, it could rise to $0.300, then $0.320, and potentially $0.3420. However, if it can't break above $0.2550, it could fall to $0.2500, $0.2450, or even $0.2350 or $0.2220 if it drops below the key $0.2420 support.
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