Dogecoin cryptocurrency be expected to rise to the next resistance level 0.1165 (former monthly high from the middle of February).
- Dogecoin broke daily Triangle
- Likely to rise to resistance level 0.1165
Dogecoin cryptocurrency recently broke the resistance area between the resistance level 0.1050 (which is the upper border of the sideways price range inside which the price has been moving from February) and the resistance trendline of the daily Triangle from January. The breakout of this resistance area accelerated the active short-term impulse wave iii – which belongs to the intermediate impulse wave (3) from the start of February.
Given the predominantly bullish sentiment that can be seen across the cryptocurrency and especially memecoin markets today, Dogecoin cryptocurrency be expected to rise to the next resistance level 0.1165 (former monthly high from the middle of February).
The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.
The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.