$DOGE Expected Opinion

DOGECOIN (DOGEUSDT) price stabilized on the rise during its recent trading at the moment levels, amid the dominance of the main upward trend in the short term, with the continuation of positive pressure due to its trading above its previous 50-day simple moving average, but in light of the above, we notice the occurrence of negative signals in the relative strength indicators, despite reaching areas of extreme saturation with selling operations, but it led to hindering the price rise.

Therefore, we expect the currency price to rise during its upcoming trades, as long as the support level of $0.34000 remains stable, targeting the pivotal resistance level of $0.48000.