DOGE Price Analysis for July 20
2025-07-20 16:06:34
Main Idea
DOGE's price shows bullish momentum with potential to test higher resistance levels, but faces risks of a pullback if seller pressure persists.
Key Points
1. DOGE's price increased by 5.22% in the last 24 hours, showing bullish momentum.
2. A false breakout of the local resistance at $0.2571 occurred on the hourly chart, with potential for a test of the $0.24 zone if seller pressure continues.
3. On a larger time frame, DOGE is testing the $0.2534 resistance; a breakout could lead to an upward move toward the $0.28-$0.30 range.
4. DOGE is currently trading at $0.2519 at the time of the report.
Description
Can traders expect DOGE to test local peaks next week?
$DOGE
$0.26882
+11.88%
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