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Dogecoin bearish pressure

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BINANCE:DOGEUSDT   Dogecoin / TetherUS
The price of Dogecoin follows the movement of major cryptocurrencies, retreating from a maximum of 0.140000 since March 1; we are now at 0.12630. Moving averages increase the bearish pressure again by switching to the bearish side. Our previous support was at 0.12000, and now there is a good chance that we will test it again and even continue towards the February minimum at 0.11100. We need a jump in prices above the MA20 and MA50 moving averages for a potential recovery. And only then can we expect a possible recovery and break above the MA200 moving average and 0.140000 price.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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