Dogecoin trends under key support as price drops nears March 2021 low DOGE Crypto DogeFam Dogecoinrise
is nearing its March 2021 low as it struggles near the $0.057 level. Dogecoin recovered from this key level in June and reached highs of $0.091 in August, but bulls could not push the price above this barrier.
At the time of publication, Dogecoin was changing hands at $0.058, marginally up in the last 24 hours. If the selling pressure on the markets declines and the DOGE price rebounds off $0.05, the bulls will again try to propel the pair above $0.09. If that happens, Dogecoin might rise again to the $0.13 level.On the other hand, the RSI below the neutral mark of 50 indicates a slight advantage to bears. If the price turns down from the current level, Dogecoin could slide to the next support at $0.
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