Dogecoin (DOGE) price looks bullish with the $0.06 support maintaining its stance and could potentially reverse the market overnight.<\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 DOGE price analysis shows bullish momentum
\n \u00a0 \u00a0 \u00a0 \u00a0 DOGE price up by 2.55%
\n \u00a0 \u00a0 \u00a0 \u00a0 Dogecoin unable to hover lower as observed in the past few hours<\/p>\n
DOGE\/USD pair might revert and offshoot the $0.0625 key resistance and go higher in the coming days.<\/p>\n
The general crypto market isn\u2019t looking good and has been stuck in the red zone for the past 24 hours as a result of the increased selling activity. <\/p>\n
Bitcoin has evidently dipped by 1.87% while Ethereum has lost by 0.86; and the rest of the crypto market is going down.<\/p>\n
Dogecoin Trading Volume Up 7.66%<\/p>\n
According to CoinMarketCap<\/a>, DOGE price is up by 2.43% or trading at $0.06196 as of this writing.<\/p>\n DOGE is seen to be slightly volatile as seen in the past 24 hours. In addition, Dogecoin trading volume has also been up by 7.66% while the total market capitalization is trading at roughly $8.14 billion, making it the 10th largest crypto in terms of market cap.<\/p>\n\n DOGE Shows Minimized Selling Pressure<\/p>\n The 4-hour chart for DOGE exhibits minimized selling pressure or activity which shows that the Dogecoin price could potentially revert and surpass $0.0625. <\/p>\n DOGE price is seen to be further dropping over the past couple of days but sellers lack the aggressiveness it once had, reaching only some of the lower lows.<\/p>\n Following DOGE\u2019s recent spike, Dogecoin tested the key support at $0.060 support. DOGE price action has been observed to nosedive and unable to go below $0.060, which implies the formation of a double bottom reversal pattern. <\/p>\n With that being said, bullish movement should return to recover some of the losses incurred in the past week.<\/p>\n DOGE price analysis looks bullish as the market shows an inability to thrust lower after it has tested the support line spotted at $0.060. <\/p>\n With that in mind, DOGE\/USD may go higher and retrace to its previous support spotted at $0.065 which is now set as the resistance zone.<\/p>\n\n DOGE total market cap at $8.27 billion on the daily chart | Source: TradingView.com<\/a><\/p>\n Featured image from The Motley Fool, chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n Dogecoin (DOGE) price looks bullish with the $0.06 support maintaining its stance and could potentially reverse the market overnight.<\/p>\n \u00a0 \u00a0 \u00a0 \u00a0 DOGE price analysis shows bullish momentum DOGE\/USD pair might revert and offshoot the $0.0625 key resistance and go higher in the coming days.<\/p>\n The general crypto market isn\u2019t looking good and has been stuck in the red zone for the past 24 hours as a result of the increased selling activity. <\/p>\n Bitcoin has evidently dipped by 1.87% while Ethereum has lost by 0.86; and the rest of the crypto market is going down.<\/p>\n Dogecoin Trading Volume Up 7.66%<\/p>\n
\n \u00a0 \u00a0 \u00a0 \u00a0 DOGE price up by 2.55%
\n \u00a0 \u00a0 \u00a0 \u00a0 Dogecoin unable to hover lower as observed in the past few hours<\/p>\n