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Dogecoin: Assessing whether a breakout is coming soon

Press Releases Crypto News AMB-Crypto Dogecoin: Assessing whether a breakout is coming soon

Dogecoin faced some resistance below the $0.09 mark in the past few days.
The lack of buying volume suggested bulls were not dominant and a breakout was not yet close by.

Dogecoin [DOGE] noted steady gains over the past ten days. A recent AMBCrypto report noted that a significant amount of DOGE was moved to Robinhood, a centralized exchange. This fueled fears of selling pressure.

DOGE has a bullish bias based on the 12-hour price chart, but it faced resistance from a Fibonacci retracement level. Could the bulls achieve a breakout soon?

Examining the Fibonacci levels

Go to Source to See Full Article
Author: Akashnath S

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