DogecoinLong
Potential rise
Dogecoin might rise due to finding a support barrier, from the previous bull-run. As this barrier was a previous resistance turning into support, the crypto may have found a catalyst from this zone at 0.20500 which may lead to a growth. Currently the crypto is contracting and correcting within the lower timeframes and a break up or down may yield to the intended direction.
However, if it fails to grow after retesting the mentioned zone, crypto may continue to consolidate till a decisive direction is shown by price action.
However, if it fails to grow after retesting the mentioned zone, crypto may continue to consolidate till a decisive direction is shown by price action.
Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.