Dogecoin (DOGE)

This week, Dogecoin finally showed some signs of recovery, rising 10% from the 9 cent support level. This rise was much needed, but buyers remained cautious, and their dominance lasted only a few days this week.

Nevertheless, the current momentum is not enough to feel confident that DOGE can break through the 13 cent resistance level. If buyers disappear again, then DOGE will most likely retest the 9 cent support level.

Despite the recent rebound, the overall trend remains bearish. Only after the key resistance level is broken, the market bias is likely to change.

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