Bulls Reign Over DOGE Market as the Coin Continues to Surge
- Dogecoin price analysis shows a bullish trend in the DOGE market.
- At the time of writing, DOGE is trading at $0.07464 and is up 0.34% in the last few hours.
- The resistance barrier of $0.0766 needs to be broken for further upside progress.
The Dogecoin price analysis for today shows a bullish recovery after a minimal pullback. The market for DOGE opened at $0.07537 with a massive surge that took the price to an intraday high of $0.0766, providing a gain of 0.34%. However, a bearish pullback took the Dogecoin price back to $0.07341, from which it has started rising again.
The bulls are trying to push the price above the resistance barrier of $0.0766 with good buying strength and sustainable momentum. If they succeed in doing so, the next level of bullish pressure will come in at $0.080 and then at the psychological level of $0.0850.
On the other hand, if the market reverses the momentum and starts a downward trend, the first level of support that the Dogecoin price may encounter would be at $0.0743, followed by another support barrier at $0.073. If this support is broken, then we might see DOGE prices falling to t…
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