Dogecoin Key Price Levels
If Dogecoin's uptrend continues above the 23.60% Fibonacci level ($0.3732), it will face multiple dynamic resistances, including the 200-day and 20-day EMA lines. These could hinder the uptrend and make it difficult for the price to recapture the $0.40 mark.
On the contrary, speculative traders in the memecoin space may exit their positions as market volatility increases. In this case, Dogecoin prices may retest the key support level of $0.34 and face more pressure.
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