Can Dogecoin (DOGE) Finally Reverse? Price Scratches Bottom

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Dogecoin (DOGE) is attempting to form a bottom around $0.067-$0.070, after months of relentless selling. The price is trading around $0.0700, with short-term momentum improving and RSI recovering to about 45.8. DOGE is directly testing its 50-day moving average at roughly $0.0723, but remains below medium and long-term trend indicators. A sustained move above $0.072-$0.073 would allow DOGE to challenge resistance at $0.075 and $0.081, while a breakdown below $0.067-$0.068 would destroy the reversal setup. The situation is improving, but confirmation is still needed.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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