Dogecoin Price Holds Crucial Support But Can $DOGE Clear This Hurdle?
#Dogecoin is recovering higher from $0.1220 against the US Dollar. DOGE must clear the $0.1650 resistance to start another increase toward $0.200.
#DOGEš„š„ declined heavily and tested the $0.1220 support against the US dollar.
The price is trading below the $0.1650 level and the 100 simple moving average (4 hours).
There was a break above a key bearish trend line with resistance at $0.1310 on the 4-hour chart of the #DOGE/USDT pair (data source from Kraken).
The price could gain bullish momentum if it clears the $0.1600 and $0.1650 resistance levels.