Bitcoin

Dogecoin

Resistance

Coin

<ul class="news-points"> 
 <li>A rejection at $0.072 could draw the coin price to $0.065.</li> 
 <li>Should Dogecoin retest $0.072, then the price action could drive toward $0.1</li> 
 <li>DOGE’s formation of a falling wedge was instrumental to its recent 17% 30-day hike.</li> 
</ul> 
As October inches towards its last week, <a href="https://coinedition.com/doge-shib-soar-over-8-as-crypto-traders-double-down-on-the-tokens/">Dogecoin (DOGE)</a> made sure talk about a monthly rally did not go without materializing. In the last 30 days, DOGE posted 17.41% gains, in a month that saw many cryptocurrencies follow <a href="https://coinedition.com/analysts-predict-bitcoins-value-will-range-between-42k-and-250k/">Bitcoin (BTC)</a> in the upward direction. 
Dogecoin’s hike was not only a result of BTC’s rise or its correlation with the top-ranked asset by market cap. Instead, DOGE had formed a falling wedge dating back to 29 August through 18 October. This pattern was displayed on the DOGE/USD daily chart. 
For those unfamiliar, a falling wedge is a pattern formed by drawing two descending lines. The top line represents a high while the other one represents a low. Whenever this pattern appears, a bullish reversal is formed. 
<h3 class="wp-block-heading" id="h-a-correction-before-a-breakout"><a></a>A Correction Before a Breakout</h3> 
According to the chart shown below, DOGE developed solid support at&nbsp; $0.0577 after the pattern formed. At the price, sellers were exhausted, and bulls took the opportunity t…
The post <a rel="nofollow" href="https://coinedition.com/is-doge-about-to-get-teleported-from-0-071-resistance-to-0-1/">Is DOGE About to Get Teleported from $0.071 Resistance to $0.1?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Is DOGE About to Get Teleported from $0.071 Resistance to $0.1?

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