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Dogecoin facing dip from $0.09 – Should traders go long or short?

Press Releases Crypto News AMB-Crypto Dogecoin facing dip from $0.09 – Should traders go long or short?

Dogecoin showed strong bullish intent on the price chart.
The lack of volume slightly dampened the buyer vigor.

Dogecoin [DOGE] witnessed a significant whale transaction on the 15th of February, but the price rebounded strongly after a minor dip. However, the bulls were unable to reclaim the 78.6% Fibonacci retracement level.

In other news, the meme coin managed to enter the top 10 cryptos by market capitalization for a brief window of time. However, Chainlink [LINK] was quick to flip DOGE at press time and push it downward to the 11th spot.

Examining the Fibonacci levels alongside the structure

Go to Source to See Full Article
Author: Akashnath S

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