$DOGE Dogecoin price analysis.........📈📈📈
$0.15
has formed a symmetrical triangle pattern, indicating indecision between the bulls and the bears.
#DOGE/USDT daily chart.
The downsloping 20-day EMA ($0.16) and the RSI in the negative zone suggest that the path of least resistance is to the downside. If the price skids and maintains below the triangle, the DOGE/USDT pair may tumble to $0.12.
On the contrary, if the price turns up from the current level and breaks above the triangle, it will signal aggressive buying on dips. That improves the prospects of a break above the downtrend line. The pair may then climb to $0.21.