DOGE’s price slowed down after showing so much strength as it rallied to a high of $0.15. DOGE could suffer retracement as bearish divergence appears in the four-hourly (4H) timeframe, with the price suffering little retracement. DOGE’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). The price of Dogecoin (DOGE) displayed an incredible price action as the price rallied from a low of $0.055 to a high of $0.15, with many becoming euphoric. The crypto market has enjoyed a little bit of relief bounce across all most assets, with Bitcoin (BTC) and Ethereum (ETH) leading the charge as most crypto assets, including Dogecoin (DOGE), produced over 150% gains in less than 7 days. With uncertainty in the crypto market creeping in, DOGE could suffer a retracement as a bearish sign emerges. (Data from Binance) Related Reading: VeChain Notches 10% Weekly Gains – Time For Investors To Bet On VET? Dogecoin (DOGE) Price Analysis On The Weekly Chart The crypto market is looking increasingly welcoming as many altcoins continue producing over 150% gains over the past 7 days of breaking out of its range-bound movement. The likes of DOGE have seen some great runs rally. The past weeks were tough for the crypto space, with many altcoins struggling to hold up their key support areas. After enjoying so many rallies in previous weeks, the week looks more mixed. After i...
