|Before you reading,
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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.
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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.