Dogecoin (DOGE) Price Approaches Key Technical Level – Here’s Where Its Headed Next

Description

The Dogecoin (DOGE) price is on the cusp of testing a key technical level that, depending on its reaction, could have a meaningful implication on its medium-term outlook. Last at $0.2470, DOGE is approaching a retest of its 200DMA at $0.2360. The Dogecoin price has been in a downtrend, in tandem with the broader meme coin market, since Trump’s meme coin launch in mid-January, with its near-term bearish bias confirmed by recent rejections of its 21DMA. DOGE is also on the cusp of another retest o...