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.