The post Dogecoin (DOGE) Price Could Hit $0.08 Again If This Trade Plays Out Well! appeared first on Coinpedia Fintech News
The prevailing market conditions did not appear to be in favour of the bulls until the DOGE price triggered a favourable rebound at $0.0605. The price has failed in its every attempt to rise beyond $0.07, hence making the resistance at $0.08 one of the crucial ones to achieve. The mid-August plunge has weakened the bulls to such an extent that the selling volume has diluted the buying pressure. However, the Dogecoin price is approaching a crucial juncture that indicates a probable rise to $0.08.
DOGE prices often experience a bullish push with the rise in positive market sentiments, backed by some mentions over the various platforms. However, they remain short-lived as the levels drop back to their initial stage. Presently, the crypto market sentiments are somewhat positive as the Bitcoin price trades around $28,000, indicating the possibility of hitting $30,000
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