Dogecoin (DOGE) Price Analysis
The 20-day SMA ($0.12) has started to turn up and the RSI is in the positive territory, which suggests that bulls have a slight advantage.
If the rebound from the 50-day SMA continues, the bulls will try to push the DOGE/USDT pair to $0.15 and then to $0.18.
Conversely, if the 50-day SMA breaks down, it will suggest that the bears have overpowered the bulls.
The pair could then drop to the 20-day SMA, which is likely to act as a support again. A break below this level will give the bears an advantage.
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