#Dogecoin price prediction will turn bullish when buyers will be able to break the $0.10000 hurdle level. Presently, the price is consolidating near the demand zone and buyers are trying their best to rebound.

Till the $DOGE price holds the $0.06000 level, the probability of a short-term bounce remains high. However, the price will gain momentum when buyers are able to push the price above the 200-day EMA.

On the other hand, if the $DOGE price drops below $0.06000, then it might trigger the next phase of downfall. The technical analysis suggests that Dogecoin price is consolidating for the base formation and the downside risk is low.