Dogecoin price analysis
#Dogecoin is struggling to rise above the 20-day EMA ($0.07) but a positive sign is that the bulls have not ceded ground to the bears.
The flattening 20-day EMA and the RSI just below the midpoint suggest a range-bound action between $0.07 and $0.06 for some time. If bulls propel the price above the moving averages, the bulls will try to overcome the obstacle at $0.07. If they can pull it off, the DOGE/USDT pair may climb to $0.08.
The bears will gain the upper hand if they sink and sustain the price below the crucial support at $0.06. The pair may then tumble to $0.05.
