How long is the fall of DOGE going to last? kawaii_crypto JRossNicoll ummjackson coinok CryptoBaeTrader
Despite the sharp decline, the price of DOGE is approaching the local resistance at $0.07936.If buyers can hold the gained initiative, there is a chance to see a breakout followed by a further rise to the $0.080 area and above.
On the daily time frame, there are no signals for a reversal yet. At the moment, traders should focus on the $0.08 zone. If bulls cannot restore the price above it shortly, the fall may continue to the support at $0.06393. On the weekly chart, the price of DOGE has continued to drop after the false breakout of the resistance at $0.0998. However, the rate is far from the key levels, which means that sideways trading in the wide range of $0.07-$0.09 is the more likely scenario until mid-May.
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