🚨Dogecoin price analysis💸
Dogecoin’s
tickers down
$0.20
relief rally met with heavy selling pressure from the bears near $0.21 on April 8.
The bulls purchased the dip to the 20-day EMA ($0.19) on April 10, suggesting demand at lower levels. Buyers will make another attempt to drive the DOGE/USDT pair above $0.21. If they manage to do that, the pair may climb to $0.23. A break and close above this level will signal the resumption of the uptrend toward $0.30.
If bears want to prevent the upward move, they will have to sustain the price below the 20-day EMA. The pair could then descend to the 50-day SMA ($0.16).
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