DOGE king of memcoins!
Hello everyone, I invite you to review the DOGE chart, as we can see, the price has bounced perfectly from the strong resistance at the level of $0.48, which is at the so-called Fibonachi golden point (0.618), only when it breaks out of it the upward trend will move towards the level of $0.59 , only when it is overcome will the path towards the last peak at the level of $0.73 open.
Looking the other way, you can see support at $0.38, which kept the price on the correction. However, if this support is broken, we could see a drop to the strong support zone from $0.26 to $0.21.
It is worth looking at the RSI indicator, which shows how high we are, which could indicate an upcoming recovery, but we are in a bull market and the inflow of capital may trigger an upward movement again.
Looking the other way, you can see support at $0.38, which kept the price on the correction. However, if this support is broken, we could see a drop to the strong support zone from $0.26 to $0.21.
It is worth looking at the RSI indicator, which shows how high we are, which could indicate an upcoming recovery, but we are in a bull market and the inflow of capital may trigger an upward movement again.
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