$DOGE price analysis............🚀🚀🚀
$0.16
recovery is facing selling at the 50-day SMA ($0.17), but a minor advantage in favor of the bulls is that they have not allowed the price to slip below the 20-day EMA ($0.15).
#DOGE/USDT daily chart.
If the price maintains above the 20-day EMA, the bulls will take another shot at the 50-day SMA. The repeated retest of a resistance level tends to weaken it. If this level is taken out, the DOGE/USDT pair could start a rally to $0.21.
If bears want to prevent the upside move, they will have to quickly pull the price back below the 20-day EMA. If they do that, it will suggest that the bears remain active at higher levels. The pair may then drop to $0.12.
