Dogecoin (DOGE) maintains its price structure despite Bitcoin (BTC) exhibiting volatile movements in the $30,000 band.
DOGE, which has been in a rising trend structure since July 12, has started to attract attention again. Catching trends on social media platforms, DOGE has reached 110,000 hasgtags on Twitter as of today. Continuing to be strengthened by both technical and fundamental analysis, DOGE is not affected by the reverse movements of BTC and continues its upward movement. What prices can the popular name of Memecoins target?
Dogecoin (DOGE) technical analysis
DOGE, which has been pricing in an uptrend for almost 10 days, is currently at $ 0.072. Despite testing this trend several times, DOGE still managed to maintain its rise, attracting the attention of investors. Despite the fact that the danger in BTC was not clear, the technical structure of DOGE increased the positive perspective of investors.
DOGE, which came to $ 0.072 with the momentum gained from $ 0.063, can begin to move towards 0.0775 – 0.0799 – 0.085 and 0.088 dollars, respectively, if it can sustain above the 0.076 resistance. A break in its uptrend, a decrease in memecoin popularity or a sudden drop in BTC could trigger pullbacks in DOGE. Support points to follow in this process are $0.070 – $0.0659 and $0.062, respectively.
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