Dogecoin Price Is Retesting The Apex Of The Ascending Triangle, Time To Buy Or Sell?
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The Dogecoin price action in the past 24 hours has been characterized by a fresh decline to retest support at $0.33. This recent decline in the past 24 hours is a continuation of the downtrend into 48 hours, which saw Dogecoin rejecting just below $0.40 after Bitcoin also rejected below $100,000 again. $DOGE
However, technical analysis of Dogecoin’s price action still points bullish, and crypto analyst Trader Tardigrade has highlighted the recent 48-hour decline as a retest of a bullish pattern. According to the analyst, the Dogecoin price is only retesting the apex of an ascending triangle.