Analysis of DOGE’s Price Trends on March 13th
The price of DOGE has risen by 7.84% over the past 24 hours, with buyers seemingly back in the game, according to CoinMarketCap. The rate of DOGE has broken resistance at $0.07072 and as long as the price stays above this level, bulls will remain in control, with the rise possibly continuing to hit the $0.075 zone. On a bigger time frame, DOGE has risen after its false breakout of its support at $0.06393, which could continue to the nearest resistance level at $0.07780 if bulls keep the price above $0.07. However, on a weekly chart, the coin does not seem to have accumulated enough strength for a midterm rise, with sideways trading in the area of $0.07-$0.075 more likely for the next few weeks. The meme coin is trading at $0.07341 at press time.
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