Dogecoin ($DOGE ) price analysis - Cointelegraph Analytics

DOGE closed above the 20-day EMA ($0.11) on Oct. 11, and the bulls thwarted the bears’ attempts to pull the price lower.

Buyers will try to push the price to the resistance line of the symmetrical triangle pattern. If the price turns down sharply from the resistance line, it will signal that the DOGE/USDT pair may extend its stay inside the triangle.

The next trending move will begin on a break above or below the triangle. If buyers thrust the price above the resistance line, the pair could rise to $0.14 and then to $0.18. On the downside, a break below the support line could sink the pair to $0.08.