Dogecoin (DOGE) Price Prediction: DOGE/USDT Recovers, Charges Toward the $0.3000 Price Level

The Dogecoin market has been experiencing a massive recovery lately. The price has been progressing from one high to another. The most recent surge, which occurred over the past four sessions, was the most rapid and significant. More details about the recent and potential future direction of this trend are discussed below.

DOGE/USDT Long-Term Trend: Bullish (Daily Chart)

Key Price Levels:

Resistance: $0.3000, $0.3500, $0.4000

Support: $0.2500, $0.2000, $0.1500

In the previous session, price action in the Dogecoin market retraced downward after breaching resistance at the upper limit of the Bollinger Bands. Nevertheless, trading activity remained outside the Bollinger Bands.