Is Dogecoin Getting Ready to Rise? Current Dogecoin Analysis!

  • Dogecoin price experienced a drop of more than 3% today.
  • What will be the future of Dogecoin?
  • Is Dogecoin price ready for a rise?

What are the important price levels that Dogecoin investors should follow? Can Dogecoin reach the $0.10 levels again? Current Dogecoin Price Analysis!

Medium-Term Dogecoin Price Analysis!

Daily Dogecoin Price Chart Source: TradingView

When we examine the Dogecoin price chart on a daily time frame, it is moving in a critical support area.

If Dogecoin price continues to close daily candles above the $0.06687 level, it can rise to the $0.095 levels mentioned in the analysis.

For Dogecoin to start the uptrend, it needs to stay above the $0.06687 level. Dogecoin investors need to see daily candle closes above the $0.074 level in the short term.

When Dogecoin starts making daily candle closes above the $0.074 level, it shows its willingness to start the uptrend to its investors.

If Bitcoin continues its sudden sharp drops, a drop to the $0.06687 level may be seen in the Dogecoin price.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

ETH On-Chain UTXO Distribution: Murphy Reveals Inverted “F” Pattern and $2.4K–$2.97K Support

COINOTAG News on September 7 reported on-chain analyst Murphy’s...

Hyperliquid’s Largest ENA Holder Opens $36M 5x Long on ENA and $12.85M 10x Short on ETH

According to HyperInsight monitoring, the largest holder address 0x6b7...c5e9c...

El Salvador Adds 8 BTC, Total Reaches 6,291.18 Bitcoin Worth $690M After Legal-Tender Move

On September 7, 2021 El Salvador became the first...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img