Dogecoin Price Could Blast Through $0.12 Resistance If This Technical Pattern Plays Out

Dogecoin Price Could Blast Through $0.12 Resistance If This Technical Pattern Plays Out

Dogecoin (DOGE) is back on the move after a brief correction from November highs at $0.0877 to support slightly above $0.7. Unlike other cryptos, the most prominent meme coin is not trimming gains but rebounding towards the psychological resistance at $0.1.
In the last seven days, DOGE price has increased by 8.5% to $0.082 not to mention the cumulative 17% gains in 30 days, CoinGecko market data shows. Over half a billion dollars in trading volume has been recorded by traders across exchanges with the market cap growing to $11.6 billion.
Dogecoin Price Prediction: DOGE Recoils From Double-Bottom Pattern
The path with the least resistance has sustained upwards since Dogecoin price hit the bottom twice at $0.058. Recovery above all three moving averages including the 50-day Exponential Moving Average (EMA) (red), the 100-day EMA (blue), and the 200-day EMA (purple) assured traders of a bullish era.
Further movement above the double-bottom pattern’s neckline resistance called upon m

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