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Dogecoin (DOGE) price remains positive, with the $0.06 support holding steady and potentially reversing the market overnight.
In the coming days, the DOGE/USD pair could revert and break the $0.0625 critical resistance and rise.
Because of the increased selling activity, the broader crypto market isn’t looking good and has been stuck in the red zone for the previous 24 hours.
As of this posting, the price of<a href="https://www.coingabbar.com/en/crypto-currency/dogecoin-doge-prices-usd" rel="noopener noreferrer nofollow"> DOGECOIN</a> has increased by 1.25% to $0.06240. According to price analysis, DOGE has been slightly volatile in the last 24 hours. Furthermore, Dogecoin trading volume has increased by 4.35%, with a total market value of around $8.29 billion, ranking it as the tenth largest cryptocurrency in terms of market cap.
DOGE’s 4-hour chart shows minor selling pressure or activity, indicating that the Dogecoin price could likely revert and reach $0.0640. DOGE price has continued to fall over the last few days, but sellers have been less active, reaching just some of the lower lows.
Following the recent increase in DOGE, Dogecoin challenged the crucial support at $0.060. DOGE price movement has been seen to fall and be unable to go below $0.060, indicating the formation of a double bottom reversal pattern.
With that said, bullish movement should return to recover some of the losses from the previous week. DOGE price analysis is positive, as the market is unable to go lower after testing the support line at $0.060.
With that in mind, DOGE/USD may rise and retrace to its prior support level of $0.065 which has now been identified as the resistance zone.
KEY LEVELS :
RESISTANCE LEVEL : $0.06600-$0.07000
SUPPORT LEVEL : $0.06000-$0.05500
Get more crypto related updates on :-<a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: DOGECOIN PRICE ANALYSIS : Will doge take support from triple bottom at $0.06

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