🔴Dogecoin's Struggle is Real $DOGE Overcome Resistance 🔴
Despite a slight uptick, Dogecoin's (DOGE) price recovery has been underwhelming, with only a 7% increase. Technically, DOGE faces significant resistance at:
1. 50 EMA ($0.115): A crucial barrier to overcome for a potential upward trend.
2. 100 EMA ($0.126): A breach of this level could boost bullish sentiment.
3. 200 EMA ($0.178): A long-term resistance level that DOGE needs to surpass to indicate a meaningful recovery and potential reversal of the downward trend.
However, Dogecoin's struggles are compounded by market volatility, affecting many cryptocurrencies. Can DOGE overcome these hurdles and rally, or will its stagnation continue?
