Dogecoin Shows Recovery Amid Market Volatility
- Dogecoin fell over 22% amid rumors of a “Black Friday” but recovered some losses.
- DOGE is still down about 11% since the start of the week.
- The price dipped below a critical ascending support line but closed above $0.138.
- A bullish divergence was observed on the daily chart, indicating potential stabilization.
- Dogecoin’s price at the time was $0.149, with key resistance around $0.2671 and support near $0.09.
Despite recent volatility, Dogecoin managed to recover above a significant support level, showing signs of potential stabilization as it traded at $0.149.
Source (2.6)https://www.newsbtc.com/news/dogecoin/dogecoin-clean-bullish-divergence/?rand=52377
