Dogecoin price analysis

Dogecoin (DOGE A 0.17$) has been oscillating near the $0.17 level for the past few days, indicating a tussle between the bulls and the bears.

The upsloping 20-day EMA ($0.16) and the RSI above 58 suggest that the path of least resistance is to the upside. If buyers sustain the price above $0.17, the possibility of a break above $0.18 increases. The DOGE/USDT pair may then surge to $0.21.

Alternatively, if the price turns around and plummets below the moving averages, it will signal that the bears continue to sell on every minor rally.

The pair may then slide to $0.14 and remain inside the range for some more time.