$DOGE Analysis of Cryptocurrency $DOGE
The price of Dogecoin (DOGEUSDT) has slightly advanced during its recent intraday trading, supported by its simple moving average for the previous 50 days, which has given it some positive momentum, amid a short-term corrective upward wave, with relative strength indicators reaching areas of excessive selling saturation compared to the actual price movement, which enhances the upward price movement.
Therefore, forecasts indicate further upward movement in the price of the coin during its upcoming trades, as long as the support at $0.17 holds, targeting the resistance level at $0.21.
Expected direction for upcoming trades: Bullish
