Dogecoin Rebounds but Struggles Below $0.155

Dogecoin's price has risen above the moving average lines after reaching a low of $0.115.

Buyers pushed the price above the moving average lines, reaching a high of $0.154. However, the bullish momentum stalled at $0.15.

Resistance Levels $0.45 and $0.50

Support Levels – $0.30 and $0.25

DOGE has surged to a high of $0.154. It is retracing as investors fail to sustain bullish momentum above the $0.155 level. The price is trading in a narrow range, above the 21-day SMA support but below the $0.155 high. The crypto outlook will remain favourable as long as the altcoin stays above the $0.138 support level.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.