Cryptopolitan
2021-09-09 07:29:41

Dogecoin Price Analysis: DOGE bulls hang on to $0.25 support as they eye $0.28

TL;DR Breakdown Dogecoin price analysis is trading bullishlyDOGE/USD rallied higher in the early morning hoursWe are expecting a breakout to $0.28 Today, our Dogecoin price analysis is bullish after the market saw a surge from the $0.2400 region yesterday to the $0.2550 mark. The coin rejected further downsides below the daily low of $0.2490. We expect the meme coin to defend the $0.2500 region and dash towards the next major support between $0.28 and $0.30.  The cryptocurrency market traded with mixed momentum over the last 24 hours. Bitcoin went up by 1.46 percent, while Ethereum remained almost flat, with a small gain of 0.40  percent. Meanwhile, Solana (SOL) is the best performer with a 20 percent improvement since yesterday.  Dogecoin price movement in the last 24 hours: Dogecoin retests $0.25 as support after a rally overnight According to our daily Dogecoin price analysis, DOGE/USD traded in a range of $0.2490 – $0.2597, indicating mild volatility over the last 24 hours. The coin’s trading volume rose by 55.95 percent and totals $2.63 billion, while the total market cap is trading at approximately $33.12 billion, ranking the coin at position #8  overall. DOGE/USD 4-hour chart: DOGE targets $0.28 next? On the 4-hour Dogecoin price analysis chart, we can observe Dogecoin price preparing for a rally as bulls set camp around the $0.2550, eyeing to break above $0.2600.  Source: TradingView The price...

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