#Dogecoin char analysis :
đ Dogecoin Price Analysis đ
đ The Doge price has experienced a notable upswing in the daily chart, fueled by increased accumulation from buyers and an overall improvement in market sentiment. After hitting a two-week low of $0.0581, prices have surged by approximately 18% and are currently trading around the $0.067 mark.
đ However, buyers are encountering significant supply at the downsloping resistance trendline, posing a potential obstacle to the ongoing recovery.
đ The Dogecoin price chart suggests a possibility of a minor pullback before resuming the previous upward movement.
đ A bullish breakout above the overhead trendline could pave the way for a 22% upswing, pushing the Doge price towards the $0.083 level.
đ° The 24-hour trading volume for Dogecoin stands at $193.4 Million, indicating a 34% decline.
Stay tuned for more updates on #Dogecoin's price movements and market trends!
