Dogecoin Price Analysis — June 20
Dogecoin defended the $0.0500 support aggressively over the weekend as other cryptocurrencies crashed out after recording double-digit declines. The meme token currently trades around the $0.0600 level amid stable trading conditions on Monday.
The flagship meme coin could attack the $0.1000 psychological point (also the top of the descending channel) over the coming days, which could foster a move to the $0.1650 barrier or a retest of the $0.0500 base.
Meanwhile, my resistance levels are $0.0600, $0.0700, and $0.0800, and my support levels are $0.0500, $0.0400, and $0.0300.
Total Market Capitalization: $911.4 billion
Dogecoin Market Capitalization: $8 billion
Dogecoin Dominance: 0.88%
Market Rank: #10
The flagship meme coin could attack the $0.1000 psychological point (also the top of the descending channel) over the coming days, which could foster a move to the $0.1650 barrier or a retest of the $0.0500 base.
Meanwhile, my resistance levels are $0.0600, $0.0700, and $0.0800, and my support levels are $0.0500, $0.0400, and $0.0300.
Total Market Capitalization: $911.4 billion
Dogecoin Market Capitalization: $8 billion
Dogecoin Dominance: 0.88%
Market Rank: #10
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