Can DOGE get back to the bullish trend soon? kawaii_crypto JRossNicoll ummjackson coinok CryptoBaeTrader
Despite the sharp decline, the rate of DOGE might have found the local support at $0.08750. If buyers can hold the price above that mark until the end of the day, there is a chance to see a bounce back to the $0.090 zone.
The opposite situation can be seen on the daily time frame, as the price is again trading below the resistance level at $0.09055. If bulls cannot seize the initiative shortly, the correction may continue and lead to the test of the $0.085 area by mid-April. From the midterm point of view, the rate of DOGE has made a false breakout of the resistance at $0.09980. If the candle closes far from this level, there are low chances of seeing a continued rise as the meme coin might need more time to accumulate power for a further move.
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