Dogecoin price analysis

Dogecoin is witnessing a tough battle between the bulls and the bears near the $0.17 level.

The 20-day EMA ($0.15) has started to turn up, and the RSI is in the positive territory, indicating advantage to buyers. If the bulls drive and maintain the price above $0.17, the DOGE/USDT pair is likely to accelerate toward $0.21.

The 20-day EMA is the crucial support to watch on the downside. If the price turns down and breaks below the 20-day EMA, it suggests that the pair may remain inside the range for a while longer.

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