Dogecoin’s recent recovery has been abruptly halted by renewed bearish pressure, paving the way for a potential further decline. After attempting a rebound, the bears have regained control of the market, pushing DOGE back toward its previous low of $0.0914. As the crypto asset’s price moves towards this level, speculations are whether it will break or experience a rejection and begin to move upward. This article delves into providing an analysis of Dogecoin’s recent price action to identify and examine key support and resistance levels that traders and investors should watch to understand the potential direction of DOGE’s movement. At the time of writing, DOGE’s price was down by over 5.13%%, trading at about $0.1043, with a market capitalization of more than $15 billion and a trading volume of more than $787 million. In the last 24 hours, the market capitalization of SOL has decreased by 5.22%, while trading volume has increased by 4.26%. Overview Of DOGE’s Recent Price Action Analyzing the recent movements and trends in DOGE’s price reveals that: On the 4-hour chart, the crypto asset is ..
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