The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price. Bitcoin has shown bearish signs after being rejected from $25,200, but the price of DOGE has continued to trend higher with eyes set on the $0.1 mark. Related Reading: Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed” Dogecoin (DOGE) Price Analysis On The Weekly Chart From the chart, the price of DOGE saw a weekly low of $0.052, which bounced from that area and rallied to a price of $0.088 after showing no side of recovery in recent weeks. DOGE’s weekly candle closed with a bullish sentiment with the new week’s candle looking more bullish for the price of DOGE as it rallies to as high as $0.088 before facing a minor retracement to the area of $0.0812. The price has struggled to build more momentum as it faces resistance at $0.88. If the price of DOGE on the weekly chart continues with this structure, it could quickly revisit $0.11 acting as a resistance for the price of DOGE. Weekly resistance for the price of BTC – $0.88. Weekly support for the price of BTC – $0.066. Price Analysis Of DOGE On The Daily (1D) Chart The price of DOGE found strong support at $0.072 above the asymmetric triangle after a successful breakout, with what seems to be an area of interest on the daily chart. DOGE bounced from its support and...
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