DOGE NEWS
Dogecoin (DOGE) fell sharply on April 2 and fell below the $0.19 breakout level, signaling that traders are aggressively taking profits.
The DOGE/USDT pair continued to decline and slipped below the 20-day EMA ($0.18) on April 3, but the long tail on the candlestick showed solid buying at lower levels. If buyers push the price back above $0.20, it suggests that the correction may be over. The bulls will then attempt to challenge the $0.23 resistance.
Conversely, if the price turns down and sustains below the 20-day EMA, it will indicate that any minor rallies are being sold. The pair could then drop to the 50-day SMA ($0.14).
