Dogecoin Rises Above $0.2420, Faces Resistance at $0.2550
- DOGE price increased above the $0.2320 and $0.2420 levels.
- Currently trading above the $0.2450 level and the 100-hourly simple moving average.
- A bullish trend line is forming with support at $0.2460 on the hourly chart.
- Immediate resistance is near the $0.2550 level, with major resistance at $0.2620.
- If DOGE fails to clear the $0.2550 level, it may decline toward support levels of $0.2450 or lower.
Dogecoin’s price has climbed above key levels but faces resistance near $0.2550, while maintaining strong support around $0.2460.
Source (2.6)https://www.newsbtc.com/analysis/doge/dogecoin-doge-heats-up-0-2550/?rand=52377