DOGECOIN has recorded a nice price increase over the past week. After entering a corrective wave, the price regained support by forming a twin bottom pattern below the $0.080 support area. After the $0.080 level turned into support, there was more demand in this area, which led to a 20% rally in the price of Dogecoin.
The previously considered resistance in the range of $0.092-$0.096 for Dogecoin has been accompanied by a negative reaction after being hit. But the ability of the price to grow up to the resistance of $0.10 is high. These levels can be accompanied by a negative reaction, sending the price back toward the supports. But if the short-term favorable conditions of the market are maintained, and this range becomes support, it is expected that after the pullback, the price growth will continue to the range of 0.116 to 0.12 dollars. Therefore, if this resistance is broken, the price trend in 4 hours TF can rise again.
The previously considered resistance in the range of $0.092-$0.096 for Dogecoin has been accompanied by a negative reaction after being hit. But the ability of the price to grow up to the resistance of $0.10 is high. These levels can be accompanied by a negative reaction, sending the price back toward the supports. But if the short-term favorable conditions of the market are maintained, and this range becomes support, it is expected that after the pullback, the price growth will continue to the range of 0.116 to 0.12 dollars. Therefore, if this resistance is broken, the price trend in 4 hours TF can rise again.
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