Is DOGE ready for midterm rise? kawaii_crypto JRossNicoll ummjackson coinok CryptoBaeTrader silkmarketindex
Despite the sharp rise, the rate of DOGE keeps trading near the local resistance level at $0.07649. If buyers' pressure continues, there is a chance to see a breakout, followed by a rise to the $0.077 area.
On the daily time frame, the price of DOGE is getting closer to the resistance at $0.07890. Even though it is too early to make any predictions, if the rate fixes above the $0.078 mark, the accumulated energy might be enough for a blast to $0.08. From the midterm point of view, one should wait for the bar closure. If that happens near the resistance, the price of DOGE is likely to return to its midterm growth.
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