DOGE price has fallen nearly -10% the past week
DOGE Price has formed a bull pennant
70MA has acted as support for nearly a month
Will Bears Allow $0.36?
Dogecoin (DOGE) has been overall silent over the last month as many coins have went parabolic. The meme hype has surely died down over the last few months and so have the many Doge Coin influencers. Many are questioning why DOGE is not back above $0.40 at minimum, as DOGEs ATH was in the mid $0.70s. Overall, a good reasoning as to why Dogecoin has not experienced a strong surge compared to others is because of how much it has already risen the past year and a half. Since the bottom in March of 2020, DOGE price is still up nearly 25,000%. With that being said, it does not mean it can’t go higher. If bulls manage the bullish breakout of the pennant, another leg up will occur.
Ever since DOGE price broke above $0.25, it has been holding a bottom trend line. This trend line is nearly 3 weeks old & price has yet to break below. Thi
Źródło: https://coingape.com/doge-forms-bull-pennant-80-push-will-bears-allow-0-36/
