✴️ Dogecoin Update | Prices Remain Strong Despite Correction

The same situation we have with Cardano and other major Altcoins that broke bullish last week, is true for Dogecoin, let's see.

After the 10-June long-term higher low, action has been slow but bullish. Dogecoin continues pushing higher, this is still a corrective phase.

As prices moved above the EMA100 resistance, a rejection followed and a retest of support. Despite this rejection, DOGEUSDT remains strong.

The current price trades above EMA50 and EMA21, two medium-term indicators.

Regardless of the strength of these indicators, looking at them would be focusing on the really short-term, the bigger picture is up, this is what matters.

We wait patiently and we can see a resumption of the bullish wave that started more than a year ago.

Confirmation came in early/mid-July, all that is left is to wait for the new high.

Action should be maximum good late July and early August.

After this date we can get a vacation... Just kidding (not really!).

Thanks a lot for the support.

Namaste.