Dogecoin Price Prediction
Dogecoin fell from the upper resistance of $0.26 on May 23, indicating that bears are fiercely defending the level.
The DOGE/USDT pair could drop to the 20-day EMA ($0.21), an important support level to keep in mind. A strong rebound from the 20-day EMA indicates positive sentiment, increasing the likelihood of surpassing $0.26. If this occurs, the pair could rise to $0.35. There is resistance at $0.29, but it is likely to be overcome.
This optimistic view will be invalidated in the short term if the price falls below $0.21. This suggests a possible movement within a range between $0.14 and $0.26.