Can DOGE come back to the mid-term growth soon? kawaii_crypto JRossNicoll ummjackson coinok CryptoBaeTrader
DOGE is one of the biggest losers today, falling by 4.61%.
On the hourly chart, the price of DOGE is coming back to the recently formed support level at $0.07689. If the decline continues, the breakout might be the prerequisite for a sharp decline to the $0.075 zone. On the daily chart, the price of DOGE has returned below the resistance at $0.07932 which means that the meme coin has not accumulated enough power for further growth. In this regard, sideways trading in the area ofThe situation remains bearish on the daily time frame against Bitcoin as the rate keeps going down after the false breakout of the resistance at 0.0000296. If the fall doe not stop, there is a high possibility to see the test of the 0.0000260 zone shortly.
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