Dogecoin Price Analysis

DOGE is expected to find support in the....

Dogecoin moved downward from the 50-day SMA ($0.11) on August 24 and fell below the 20-day EMA ($0.10) on August 26, causing concern among investors.

DOGE is expected to find support in the $0.10 to $0.09 range. Bulls might try to push the price above the falling wedge to indicate the end of the current downtrend. DOGE could attempt to rise to $0.14 if it breaks this formation upwards.

On the other hand, if the price falls below the support zone, it suggests that bears still hold power. DOGE might move to the strong support at $0.08 and potentially lower.

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