Dogecoin has found support near $0.080 against the US dollar and is now trading above the $0.085 zone and the 100 simple moving average (4 hours). A key bullish trend line is forming with support near $0.0840 on the 4-hours chart of the DOGE/USD pair. The price could rise further towards the $0.10 resistance if Ethereum and Bitcoin extend gains. On the upside, the price is facing resistance near the $0.0928 level, and a close above this could send the price towards the $0.098 resistance and then to the $0.10 level. On the downside, initial support is near the $0.086 level, followed by major support near the $0.084 level and the trend line. (newsbtc)
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