The Dogecoin (DOGE) price trades inside a short-term neutral pattern but shows long-term bullish signs. The DOGE price has increased alongside an ascending support line since June 2022. Since November of the same year, the price created a descending resistance line. Combined, these lines create a symmetrical triangle, which is considered a neutral pattern. On April 3, the price broke out from the triangle and reached a high of $0.105. However, it was rejected by the 0.382 Fib retracement resistance level (white) and fell sharply over the next 24 hours. On April 7, the Dogecoin price fell back inside theGo to Source
Author: coinmaker