DOGECOIN continued its price growth over the past week!

DOGECOIN continued its price growth over the past week, with support from buyers pushing the price to resistance in the $0.106-$0.120 range. In this area, because a negative reaction was already observed, there was an expectation of a price reaction. Considering that the negative divergence is formed in the 4-hour timeframe on the chart, if the support of $0.090-$0.096 is broken, the price decrease can continue until the support level of $0.067.

This is because the price trend is downward in the 4-hour timeframe. But due to the rapid entry of the price into the corrective wave and the fall that continued up to the specified support range, the price of Dogecoin can take on the range trend. The Ichimoku super indicator is also above the current price, confirming the resistance ranges. So this week, we expect a range trend from Dogecoin.

Trade active:

DOGE is heading toward the major resistance of the $0.105-$0.11 area. If the price is rejected, we see a downward move toward the $0.087 support area. If the price breaks and holds above the $0.11 level, we see a move toward the $0.15 resistance area.