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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