April 1 DOGE Price Analysis

Dogecoin (DOGE) has seen a slight increase in price of 1.17% over the last 24 hours, but is returning to its local support level at $0.07605. If the daily closure happens near this level, there is potential for continued decline to the $0.075 zone. On the daily chart, bears are once again more powerful than bulls, and while the rate is below the resistance at $0.07890, a correction to the zone of $0.070-$0.072 is possible. However, from a midterm perspective, the rate is closer to resistance than support, suggesting that bulls may have a chance to take over soon if they can fix the price above the $0.078 zone. This could potentially lead to a breakout followed by a blast to $0.08 and above. DOGE is currently trading at $0.0764. This information is provided for informational purposes only, and individuals should perform their own research prior to making investment decisions.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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