TL;DR Breakdown Dogecoin price analysis is bullish for today.DOGE/USD rallied higher yesterday.DOGE saw a quick spike lower to $0.30. DOGE is trading bearishly on the 24-hour Dogecoin price analysis after the market recorded a quick drop to the $0.2450 region overnight. Since further upside was heavily rejected on today’s chart, we are hoping for DOGE/USD to move lower over the next 24 hours and try to retest the $0.2300 resistance next. The general cryptocurrency market is trading bullishly after the majority of the coins recorded more than 4 percent in gains. Bitcoin and Ethereum saw a gain of 3 percent and 3.08 percent respectively. Dogecoin price movement in the last 24 hours: Dogecoin retests $0.30 as support after a rally yesterday DOGE/USD traded in a range of $0.2412 – $0.2479, indicating mild volatility over the last 24 hours. Trading volume has increased by 15.71 percent and totals $1.073 billion, while the total market cap trades around $32.22 billion, ranking the coin at position 9 overall. DOGE/USD 4-hour chart: DOGE targets $0.33 next? On the 4-hour chart, we can see the Dogecoin price preparing for a breakdown at $0.2430 rejecting any substantial gains beyond $0.2500. DOGE/USD 4-hour chart. Source: TradingView Dogecoin price action found it difficult to record any further upsides over the past weeks. After rallying to $0.35 in August, a strong retracement took place on the 17th of that month. DOGE/USD dro...
